Citing Bijié Wǎng, Coinbase has applied for a national trust charter from the Office of the Comptroller of the Currency (OCC), aiming to operate under federal regulation without becoming a full-service bank. This move would allow the exchange to expand services such as payments and settlements beyond its currently New York-regulated custodial business, offering greater flexibility without requiring approval from each state.
Coinbase Applies for Federal Trust Charter, Claims It Is Not a Bank
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