OCC Grants Preliminary Approval for Coinbase National Trust Company
WASHINGTON, April 2 — The Office of the Comptroller of the Currency has granted preliminary conditional approval to Coinbase Global Inc.’s application to establish Coinbase National Trust Company in New York, a proposed national trust bank that would provide digital asset custody services as a fiduciary, primarily for institutional clients, according to OCC Corporate Decision No. 1370 dated April 2.
