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Coinbase Nabs Conditional OCC Nod for National Trust Company

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Coinbase received conditional approval from the OCC to charter Coinbase National Trust Company (announcement dated April 2), moving it a step closer to becoming a national trust company. This regulatory milestone should expand its custody/trust capabilities and bolster its institutional offerings, reducing regulatory uncertainty around its trust services.

Analysis

Coinbase received conditional approval from the OCC to charter Coinbase National Trust Company (announcement dated April 2), moving it a step closer to becoming a national trust company. This regulatory milestone should expand its custody/trust capabilities and bolster its institutional offerings, reducing regulatory uncertainty around its trust services.

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