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Coinbase Secures Full US Federal Approval to Operate as a National Trust Bank
Coinbase has received final approval from US banking regulators to operate a national trust bank. The authorization gives the crypto exchange federal oversight for custody operations and supports its planned payment services.
Desk
Policy text and timing change what products can ship and who can custody or list assets. Read the primary draft before treating a headline as a rule.
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Dextape context
Built from Dextape’s own wire, stories and glossary.
Terms in this story
- Custody
- Control of the keys or account permissions that authorize transfers.