Coinbase Obtains Federal Charter from OCC for Expanded Digital Asset Custody

Coinbase has received approval from the Office of the Comptroller of the Currency (OCC) to establish Coinbase National Trust Company (CNTC), bringing its digital asset custody operations under a federal regulatory framework. This approval allows Coinbase to expand its custody business under a single national framework, moving beyond state-level oversight and marking a significant step towards integrating crypto custody with established financial infrastructure.