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Coinbase Secures Final OCC Approval for Its National Trust Bank

Coinbase's new federal trust bank is built for institutional custody, not deposits, and will absorb its New York custody business over three years.

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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Terms in this story

Custody
Control of the keys or account permissions that authorize transfers.

Original reporting

William M. Peaster, Bankless

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