Coinbase Files for OCC National Trust Charter, Could Expand into Payments and Related Services if Approved

Coinbase national trust charter: Coinbase has filed for a National Trust Company Charter with the Office of the Comptroller of the Currency (OCC) to expand beyond custody into payments and related services, seeking regulatory clarity to support institutional adoption while saying it does not intend to become a ￰0￱ filed for an OCC national trust charter to expand services beyond ￰1￱ move follows similar applications by Circle, Paxos, and Ripple and aims to strengthen regulatory ￰2￱ could enable payments and related services, increasing institutional access and product ￰3￱ national trust charter: Coinbase filed with the OCC to expand services beyond custody—read how the application could unlock payments, custody upgrades, and institutional ￰4￱ is Coinbase’s national trust charter application?

Coinbase national trust charter is an application filed with the Office of the Comptroller of the Currency (OCC) for a National Trust Company ￰5￱ filing seeks authority to offer trust, custody, and potentially payments-related services under federal oversight while maintaining the company’s statement that it does not intend to become a ￰6￱ could an OCC national trust charter change Coinbase’s services? If approved, the charter would allow Coinbase to broaden offerings beyond custody into payments and related trust ￰7￱ company cited regulatory clarity as a catalyst for product innovation and broader institutional ￰8￱ filings by Circle, Paxos, and Ripple signal a trend where digital-asset firms pursue federal charters to enable scalable, regulated service platforms. , Frequently Asked Questions Why did Coinbase apply for an OCC national trust charter?

Coinbase filed for the charter to secure federal oversight and regulatory ￰9￱ company expects approval to enable new products beyond custody, including payments and related services, which it says will foster broader institutional ￰10￱ the application mean Coinbase will become a bank? Coinbase has explicitly stated it does not intend to become a bank. A national trust charter would authorize trust and custody operations under OCC rules, not full-service banking, according to the company’s ￰11￱ does this compare with other crypto firms? Other firms including Circle, Paxos, and Ripple have pursued similar charters or federal ￰12￱ moves indicate a sector trend toward seeking federal frameworks to support large-scale custody and payments ￰13￱ Takeaways Regulatory clarity: The Coinbase national trust charter application aims to provide clearer federal oversight for custody and payments ￰14￱ a bank: Coinbase states it does not intend to convert into a bank; the charter targets trust and custody ￰15￱ trend: Similar filings from Circle, Paxos, and Ripple show growing demand for federal charters among crypto ￰16￱ The Coinbase national trust charter filing marks a significant step in the company’s strategy to expand beyond custody into payments and related trust services under OCC ￰17￱ approved, the charter could accelerate institutional adoption and product development while keeping Coinbase’s stated non-bank positioning ￰18￱ official OCC updates and Coinbase disclosures for final determinations and timelines.