Coinbase Secures OCC Approval for National Trust Charter
By Michael B
Coinbase secures OCC unconditional approval from the Office of the Comptroller of the Currency (OCC) to operate under a federal national trust bank charter, the company announced Monday. The decision marks a significant regulatory milestone for the largest U.S. cryptocurrency exchange and custodian. It allows Coinbase…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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