Coinbase Seeks Federal Backing for Crypto-TradFi Future

Reading time: < 1 minute

Coinbase is laying the groundwork for a more integrated financial future by applying for a federal trust charter.

The company stated that an OCC national charter is not a path to becoming a bank, but a foundational tool to “enable continued innovation” and build secure, regulated bridges between the crypto ecosystem and traditional finance.

Greg Tusar of Coinbase predicted the company would not be the last to take this step, framing the move as an industry-wide evolution towards legitimacy and sophisticated product offerings under clear federal oversight.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.