Coinbase Wins Full U.S. National Trust Charter From OCC

Coinbase has received full approval from the U.S. Office of the Comptroller of the Currency to operate Coinbase National Trust Company as a federally chartered trust bank. The approval upgrades the company’s earlier conditional status after months of compliance work, hiring and regulatory review. The charter allows Coinbase to provide federally supervised digital-asset custody and payment services, but it does not authorize the company to accept conventional bank deposits or make loans. The decision places more of Coinbase’s institutional infrastructure under direct federal oversight and marks another step toward integrating crypto-native firms into the U.S. banking system.