[Watcher Guru] JUST IN: Coinbase officially receives full US federal approval to operate as a national trust bank.

Coinbase has secured full U.S. federal approval to operate as a national trust bank, granting the exchange a federally chartered banking status. The designation allows Coinbase to offer trust and custody services under national oversight rather than state-by-state licensing. It marks one of the most significant regulatory milestones for a major crypto exchange in the U.S. to date. The approval could strengthen institutional confidence in crypto custody and expand Coinbase's ability to serve large clients. Watch for details on which assets and services the trust bank charter will cover, and how competitors pursue similar federal status.