A post by @WatcherGuru on X.
JUST IN: Coinbase officially receives full US federal approval to operate as a national trust bank.
@WatcherGuru on X
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Coinbase has secured full U.S. federal approval to operate as a national trust bank, according to a Watcher.Guru report. The designation gives the largest U.S. crypto exchange a federally chartered trust entity, moving it beyond the state-by-state licensing regime it has relied on. The approval marks one of the most significant regulatory milestones for a digital-asset firm in the U.S. and could let Coinbase custody assets and offer fiduciary-style services under federal oversight. The article did not disclose financial terms, capital levels or a launch timeline for the new entity. What to watch next: details on which assets and services the trust bank will support, and whether the charter becomes a template for other exchanges seeking federal standing.
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Coinbase (COIN), US federal government
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