Coinbase Bank Gets Full OCC Approval as Ripple Leads Crypto Banking Push

Brief

By Dextape Desk · November 9, 2026

Coinbase has obtained complete authorization for its national trust bank charter, according to the Office of the Comptroller of the Currency, which logged the charter as taking effect on November 6. With the charter in place, the exchange operator's national trust company falls under federal oversight, a setup meant to widen institutional custody and digital asset offerings. The application was filed in October 2025, received conditional backing on April 2, 2026, and was then recorded as completed. Ripple's national trust bank received final approval on October 26, ahead of Coinbase. Separately, the Independent Community Bankers of America sued the regulator on October 2, arguing that its March 2026 rule exceeded legal authority.

Why it matters: It shows crypto firms gaining access to federally supervised trust charters while traditional banking groups challenge the regulator in court.

Mentioned: XRP, Coinbase

Summary by Dextape, based on reporting by Cryptonews. Machine-written from Cryptonews’ report and checked against it · How Dextape writes