Coinbase receives full US trust charter from the OCC

Coinbase has secured a full U.S. trust charter from the Office of the Comptroller of the Currency, formalizing its ability to operate as a federally regulated trust company. The approval strengthens the exchange's position in crypto custody, a business where institutional clients increasingly weigh federal oversight when selecting providers. The charter adds to Coinbase's existing regulatory footprint and could push competing custodians to pursue similar federal approvals to match its credibility with large asset managers. Terms such as asset and volume figures were not disclosed in the article. What to watch next is whether rivals follow with their own national trust charters and whether the designation translates into new institutional custody mandates for Coinbase.