Coinbase goes after National Trust Charter — But don’t call it a bank
Crypto exchange Coinbase is pursuing a National Trust Company Charter in the US, but said it has "no intention of becoming a bank."
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Crypto exchange Coinbase is pursuing a National Trust Company Charter in the US, but said it has "no intention of becoming a bank."
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
How a crypto exchange secretly hid $53M in stolen crypto to prevent a bank run – as the SEC targets its directors
Thailand's Securities and Exchange Commission has filed a criminal complaint against Bitkub Online and two former directors, alleg...
Circle is arming USDC with 1,000 IBM patents to secure its grip on global banking rails
Circle has acquired nearly 1,000 IBM blockchain patents as the USD Coin (USDC) issuer pushes deeper into the infrastructure connec...
Hungary Set to Drop Tough National Crypto Rules After Near-Total Industry Exodus
Just eight days after becoming the first Hungary-based provider to receive a MiCA licence, CoinCash said the country's parliament...
Coinbase wants to be Canada’s ‘everything exchange,’ but says clearer rules are needed first
Coinbase Canada's new CEO, Eric Richmond, says permanent rules, rather than temporary exemptions, are needed as the company pushes...
Bank of Russia Creates New Rules For Crypto Trading
Bitcoin Magazine Bank of Russia Creates New Rules For Crypto Trading Russia’s central bank on Monday published draft regulations f...
Apple’s App Store promoted fake Bitcoin wallet that stole $1.8M after developer spent a year warning them
Apple’s tightly controlled App Store is facing renewed scrutiny after three Bitcoin holders alleged they lost $1.8 million to a fa...