Cointime update: Coinbase said on Nov. 9 that its national trust company received final approval to commence business, following the OCC’s preliminary conditional approval in April. The charter gives Coinbase a unified federal regulatory framework for its custody operations. Senator Elizabeth Warren wrote to the OCC on May 18 questioning at least nine crypto trust charter approvals, including Coinbase’s earlier conditional approval, and seeking application materials and legal analysis.
Coinbase Wins Final Trust Charter as Senate Seeks Approval Records
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