Search results for Coinbase National Trust Company
Crypto
Coinbase wins full U.S. national trust bank charter, widening crypto custody market
Coinbase has received full approval from the U.S. Office of the Comptroller of the Currency for a national trust bank charter. The decision allows the company to operate institutional crypto custody under a federal supervisory framework. The charter does not grant commercial banking status, including taking retail deposits, making loans or issuing stablecoins. The trust bank must meet capital and liquidity requirements. Coinbase plans to move existing custody business to the national trust bank over three years.
Crypto
Coinbase legal chief to shift to advisory role as U.S. crypto regulatory response reshaped
Paul Grewal will step down as Coinbase chief legal officer at the end of this month and move into an advisory role, with the legal organisation to be reshaped. He said Molly Abraham and Ryan VanGrack will take on roles overseeing legal counsel and serving as vice chair. Grewal’s next move has not been detailed. The change comes as Coinbase remains engaged in U.S. crypto policy and legislation, including the Clarity bill.
Crypto
Warren questions legality of OCC crypto charters including Coinbase and Ripple
U.S. Democratic Senator Elizabeth Warren, a leading advocate of stricter crypto regulation, challenged the Office of the Comptroller of the Currency\'s chartering process for crypto firms. She asked OCC head Jonathan Gould to justify the legality of nine national trust charters granted since December 2025, including entities linked to Coinbase and Ripple. Warren said the firms had not shown custody as their core business and warned the structure could enable regulatory arbitrage. She demanded related applications and internal communications by June 1.