PANews reported on October 4th that, according to The Block, cryptocurrency exchange Coinbase (ticker: COIN) announced in a statement that it is applying for a national trust company charter from the Office of the Comptroller of the Currency (OCC). Greg Tusar, Coinbase's Vice President of Institutional Products, stated in the statement, "An OCC charter will simplify oversight of new products and foster continued innovation, integrating digital assets into traditional finance. We are not the first cryptocurrency company to apply for a federal charter, nor will we be the last." Tusar stated that Coinbase has no intention of becoming a bank. Paxos, BitGo, Ripple, and Circle have also applied for banking charters from the OCC in response to the Trump administration's crypto-friendly regulatory environment.PANews reported on October 4th that, according to The Block, cryptocurrency exchange Coinbase (ticker: COIN) announced in a statement that it is applying for a national trust company charter from the Office of the Comptroller of the Currency (OCC). Greg Tusar, Coinbase's Vice President of Institutional Products, stated in the statement, "An OCC charter will simplify oversight of new products and foster continued innovation, integrating digital assets into traditional finance. We are not the first cryptocurrency company to apply for a federal charter, nor will we be the last." Tusar stated that Coinbase has no intention of becoming a bank. Paxos, BitGo, Ripple, and Circle have also applied for banking charters from the OCC in response to the Trump administration's crypto-friendly regulatory environment.
Coinbase applies for a national trust company charter from the Office of the Comptroller of the Currency (OCC)
2025/10/04 08:06
PANews reported on October 4th that, according to The Block, cryptocurrency exchange Coinbase (ticker: COIN) announced in a statement that it is applying for a national trust company charter from the Office of the Comptroller of the Currency (OCC). Greg Tusar, Coinbase's Vice President of Institutional Products, stated in the statement, "An OCC charter will simplify oversight of new products and foster continued innovation, integrating digital assets into traditional finance. We are not the first cryptocurrency company to apply for a federal charter, nor will we be the last." Tusar stated that Coinbase has no intention of becoming a bank. Paxos, BitGo, Ripple, and Circle have also applied for banking charters from the OCC in response to the Trump administration's crypto-friendly regulatory environment.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
Buy This Cheap Altcoin as US Treasury Exempts Crypto From Unrealised Gains Tax
The US Treasury has confirmed that unrealised gains on cryptocurrencies are exempted from the Corporate Alternative Minimum Tax (CAMT). This move is being seen as a significant win for the digital asset industry, providing much needed clarity for corporations holding sizable crypto reserves. The announcement, issued under Notices 2025-46 and 2025-49, ensures companies will only
Share
Coinstats2025/10/04 15:30
Share
UK to lift retail ban on crypto ETNs
PANews reported on October 4th that, according to Cointelegraph, the UK Financial Conduct Authority (FCA) will lift the ban on retail investors purchasing crypto exchange-traded notes (ETNs), which has been in place since 2019, starting next week, provided that the relevant products are listed and traded on a UK-based investment exchange approved by the FCA. Unlike ETFs, ETNs are debt securities linked to crypto assets and are not backed by physical assets.
Share
PANews2025/10/04 15:57
Share
Best Crypto Casinos for October 2025: Bonus Options Available
The post Best Crypto Casinos for October 2025: Bonus Options Available appeared on BitcoinEthereumNews.com. The best crypto casinos for October 2025 have been announced, spotlighting platforms that deliver unmatched rewards and seamless gameplay. Betpanda takes a prime spot with its 275% welcome package, lightning-fast payouts, and support for more than 20 cryptocurrencies. Add in thousands of slots, live dealer tables, and exclusive promotions. Thus, the list is rife with options for those looking for a reliable crypto gambling platform. Betpanda: Best for Bonus Variety and Game Selection Betpanda is at the top of October’s cryptocurrency casinos list for its impressive mix of welcome incentives and weekly rewards. New players can claim up to 1 BTC as a bonus. The platform also offers a solid 10% cashback on net losses every week. Weekend contests with prizes topping $3,000 add an extra level of excitement. With support for major cryptocurrencies like BTC, ETH, LTC, and more, users have flexibility and speed in deposits and withdrawals. Betpanda’s robust catalog of over 6,000 games includes titles from world-class providers like Evolution Gaming, Play’n GO, ELK Studios, and Hacksaw Gaming, making it a haven for casino enthusiasts looking for variety and quality. Explore the Best Crypto Casinos Crypotrino: Best for Weekly Cashback and Free Spins Cryptorino is a popular crypto casino site for players who prioritize consistent weekly rewards. It provides a welcome bonus of 100% up to 1 BTC and 10% cashback on net losses every week. Thus, it eases the pressure of losing streaks while giving great value. Additionally, players depositing at least $50 during the weekend can grab up to 35 free spins. That adds more excitement to the gaming session. Cryptorino offers compatibility with a wide range of digital currencies, including SAND, DOGE, USDT, and SOL, among others. Game availability is extensive, tapping into 6,000+ titles provided by elite developers like NetEnt, Pragmatic Play, and…
Share
BitcoinEthereumNews2025/10/04 15:55
Share