Coinbase Gains Nod for Federal Crypto Custody
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Coinbase secures initial approval for a national trust company charter, positioning them as a federally regulated crypto custodian. This move, along with other major players like Ripple and EDX Markets, indicates a surge in demand for regulated crypto storage. Coinbase aims to transition from volatile trading fees to steadier custody income, potentially becoming a key player in the regulated crypto world.
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