Coinbase receives full OCC trust bank approval, converting its provisional charter to a fully chartered national trust bank, allowing it to offer federally regulated custody and payment services in the U.S.
https://x.com/CoinDesk/status/2119736512765964548This is another major win in attempting to bridge traditional finance and crypto. This new license allows Coinbase to issue it's own branded stable coins and can assist other financial institutions in the issuance and management of tokenized assets. Although this doesn't allow Coinbase to directly accept retail deposits or issuing commercial loans.
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