OCC grants Coinbase conditional approval for a national trust company charter

The Office of the Comptroller of the Currency gave Coinbase conditional approval for a national trust company charter on April 2, 2026, after the company applied in October 2025. Coinbase says the charter brings federal oversight to its custody and market infrastructure business and that it will not take retail deposits. The approval is conditional, so Coinbase still has to meet pre-opening requirements and an OCC examination before the charter is fully operational.

• Conditional approval from the OCC, announced April 2, 2026
• Application filed in October 2025
• Charter covers custody and institutional digital-asset services, not retail deposit-taking
• Coinbase must still meet pre-opening requirements and pass an OCC examination