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by: xpoolPosted on: April 22, 2025

Coinbase Eyes Bank Charter for Crypto Firms: Could Mean Major Financial Shifts

Coinbase, the leading cryptocurrency exchange in the U.S., is considering applying for a federal banking charter. This move follows reports that several prominent crypto companies, including Circle and Paxos, as well as BitGo, are also exploring this option. A bank charter would allow these firms to operate more like traditional banks, offering services such as deposits and lending. !

Related posts:

  1. Transferring Funds from Coinbase Wallet: A Step-by-Step Guide
  2. Coinbase and Crypto Peers Apply for US Banking Licenses, Signaling Industry Evolution
  3. Deutsche Bank, Standard Chartered Explore Deeper Crypto Presence in US
  4. Coinbase, Circle, BitGo, and Paxos Seek U.S. Bank Licenses: A Move Towards Mainstream Acceptance
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