Coinbase wins initial bank regulator nod for trust charter, boosting custody push
Burns Brief
Coinbase’s conditional OCC approval moves it closer to operating as a federally regulated crypto custodian, pending compliance and final review The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Coinbase’s conditional OCC approval moves it closer to operating as a federally regulated crypto custodian, pending compliance and final review.
Key Takeaways
- Coinbase’s conditional OCC approval moves it closer to operating as a federally regulated crypto custodian, pending compliance and final review