Coinbase Seeks National Trust Charter, Expands Crypto Services in U.S.

Crypto exchange Coinbase has applied for a National Trust Company Charter from the Office of the Comptroller, aiming to strengthen its regulatory oversight and expand institutional custody services within the US digital asset sector. This application could unlock a more seamless integration of crypto into traditional financial systems. 📈 The move follows market enthusiasm reflected in Coinbase’s stock surge, as investors believe it positions the company for greater service offerings with enhanced regulatory clarity.