Skip to main content
Back to brief
Archived story · published November 9, 2026. Coverage reflects reporting at the time. See today's brief

Crypto · November 9, 2026

Coinbase Gets Final Regulatory Stamp For Trust-Bank Charter

3 sources →

FreeGet stories like this compared, every morning at 7.

Coinbase Global Inc. has received final approval from the Office of the Comptroller of the Currency (OCC) for a national trust bank charter. This conversion, finalized on November 6, 2026, allows the exchange to move its institutional crypto custody business under direct federal supervision. The move follows a preliminary approval granted in April 2026 and allows Coinbase National Trust Company to operate as a fiduciary for institutional clients, though it remains a trust bank and not a commercial bank authorized to take retail deposits.

Read the original coverage

Confirmed · 2

Backed by filings, on-chain data, official statements or several independent publishers.

  • The OCC approved the charter for Coinbase National Trust Company. (Coinbase and OCC records)
  • The charter process was completed Nov. 6. (OCC licensing records)

Claimed · 1

Said by a company, project or person; not yet independently confirmed.

  • The company has served as a custodian for more than 14 years. (Coinbase)

Speculation · 0

Price talk, forecasts or unnamed sources, quoted as someone else's view.

  • None identified.

Reported by multiple outlets

  • The Office of the Comptroller of the Currency (OCC) gave final approval for a national trust bank charter to Coinbase National Trust Company.
  • The final chartering process was completed on November 6, 2026.
  • Coinbase received preliminary or conditional approval in April 2026.
  • The charter places Coinbase's institutional custody business under federal supervision.
  • Coinbase is not a commercial bank and cannot take ordinary retail deposits or make loans.

Reported by only some outlets

  • Coinbase applied for the charter in October 2025.
  • Coinbase has operated under a New York trust charter since 2018.
  • The charter allows for federal uniformity in custody capabilities.
  • Coinbase claims to have served as a custodian for over 14 years.

FreeDaily Brief newsletter

Get the 5-minute Daily Brief, with the topics you pick.

The Daily Brief is free

CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.