Lates News

On April 2nd, Coinbase announced that it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to operate as a trust bank. The company's chief legal officer stated that if this approval is finalized, the cryptocurrency exchange will be able to operate payment products under federal regulation in addition to custody services. "In the long term, we will be able to explore not only offering custody products but also providing other infrastructure products, especially in the payment sector. We believe this will expand cryptocurrency payments in various new, interesting, and important directions." (CNBC)