After Ripple, Coinbase in turn obtains its federal banking license in the USA
Original headlineAprès Ripple, Coinbase obtient à son tour sa licence bancaire fédérale aux USA
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Coinbase has secured final approval from the U.S. banking regulator for its Coinbase National Trust Company, making it the second crypto firm in two weeks to obtain a federal trust bank charter after Ripple. The new entity will allow Coinbase to custody client crypto assets under federal supervision rather than a patchwork of state regimes. The charter places Coinbase in a still-small circle of crypto companies with federal banking status and follows Ripple's own approval roughly two weeks earlier. The move matters because federal trust charters could reshape how major crypto firms hold assets and interface with regulators. What to watch next is whether other large exchanges pursue similar charters and how federal custody standards evolve for the industry.
Muhabbit's AI wrote this summary in its own words from Cryptoast's report and translated it from French. It can get details wrong, so check the source.
Named in this story
Coinbase (COIN), Coinbase National Trust Company, Ripple (XRP), United States
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