COINBASE SEEKS OCC CHARTER TO BRIDGE CRYPTO AND TRADFI

Summary from the TLDR Crypto newsletter

Coinbase is pursuing a national trust company charter from the US Office of the Comptroller of the Currency (OCC), joining firms like Paxos, BitGo, Ripple, and Circle in applying for federal licensing. The charter would streamline regulatory oversight and support Coinbase's goal of integrating digital assets more deeply into traditional finance while maintaining strict compliance and security. Coinbase has no intention of becoming a bank. The move is a step toward clear federal rules that enable responsible innovation.