Coinbase's US national trust bank charter takes effect
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Coinbase's US national trust bank charter took effect on Friday, allowing the company to hold digital assets for clients as a fiduciary. Applied for in October 2025 and granted preliminary approval in April 2026 by the OCC, the charter enables segregated custody accounts, staking, financing, and trading access. Other firms like Ripple, Circle, BitGo, Fidelity Digital Assets, and Paxos also received charters.
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