Coinbase Seeks National Regulatory Approval for Expanded Services

Cryptocurrency exchange Coinbase has applied for a national trust charter from the U.S. Office of the Comptroller of Currency (OCC), aiming to broaden its operational scope and regulatory oversight. If approved, this move could pave the way for expanded services across the United States, potentially including payments and settlement, without needing state-by-state approval. Coinbase views this as a step towards greater innovation while ensuring compliance with federal regulations throughout the country.