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lmfao 🤡🚀Coinbase wants to level up with that National Trust Company charter while still pretending they’re not about that traditional
wait does this mean coinbase is gonna be like a bank now?? 🧐 will they start offering loans in $BTC or just more ways to
coinbase eyeing that national trust charter for regulated crypto services: trend of major players seeking increased independence and regulatory compliance in the digital asset space, potentially
Coinbase applied for a National Trust Company charter, aiming for a more regulated framework. This move follows similar applications by Circle and Ripple. The charter would enable Coinbase to offer financial services independently, reducing reliance on third-party banks. Despite this, Coinbase clarified it does not intend to become a traditional bank. The proposed license could enhance Coinbase’s services and regulatory oversight, fostering innovation in the digital asset sector. 🪙🏦
Coinbase requests the national trust charter to extend regulated cryptography services
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