Coinbase receives conditional approval for US trust charter

Coinbase has received conditional approval from the Office of the Comptroller of the Currency (OCC) for a trust charter in the United States. This charter will allow Coinbase to operate as a regulated trust company, enabling it to offer custody services for digital assets. The approval is part of Coinbase's strategy to enhance its regulatory compliance and expand its services in the crypto market. The company aims to provide a secure environment for institutional investors and increase trust in cryptocurrency transactions.

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