Coinbase Clarifies ‘We Are Not Becoming a Bank’ After Receiving Conditional OCC Nod That Hints at Bigger Moves

Coinbase’s OCC trust charter approval cements a federally regulated path for crypto infrastructure, with CEO Brian Armstrong clarifying it is not becoming a bank as the firm advances institutional custody ambitions without entering traditional lending or deposit activities. Coinbase OCC Trust Charter Signals Federal Crypto Oversight Shift Crypto exchange Coinbase (Nasdaq: COIN) said it is […]