Coinbase Seeks National Trust Charter to Enhance Crypto Integration

Coinbase has filed for a National Trust Charter to bridge cryptocurrency and traditional finance, aiming to enhance regulatory clarity and consumer confidence. This move is designed to bolster its payment operations amidst favorable U.S. cryptocurrency policies, while clarifying that it does not intend to operate as a bank. The initiative reflects Coinbase's strategy to navigate the evolving financial landscape and integrate digital assets into mainstream finance.