According to the Office of the Comptroller of the Currency, Coinbase Global received final approval on November 6, 2026, to establish Coinbase National Trust Company, marking a major regulatory milestone. The company announced the authorization on Monday, November 9, completing a process that began in October 2025. The federal charter brings Coinbase's fiduciary digital asset custody activities under direct OCC supervision, enabling the trust company to operate under a national banking framework. Coinbase will not accept retail deposits or conduct traditional lending under the charter.

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