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Coinbase (COIN) has received final approval from US authorities for a national trust bank charter, Bloomberg reports citing sources
ORIGINAL · NewsquawkCoinbase (COIN) has received final approval from US authorities for a national trust bank charter, Bloomberg reports citing sourcesRead originalHide original
The licence will support expansion of its crypto custody and payments businesses Will also potentially enable Coinbase to issue its own stablecoins, and provide stablecoin issuance and management services to other crypto firms
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Bloomberg, citing sources, reports Coinbase received final approval for a national trust bank charter; the article describes potential support for custody, payments and stablecoin activities.
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The licence will support expansion of its crypto custody and payments businesses Will also potentially enable Coinbase to issue its own stablecoins, and provide stablecoin issuance and management services to other crypto firms
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