U.S. regulators are expanding access to federal banking frameworks for cryptocurrency companies even as lawmakers intensify scrutiny of the approvals and the firms receiving them.
Coinbase said on November 9 2026 that its national trust company had received final regulatory approval to begin operations, following conditional approval from the Office of the Comptroller of the Currency (OCC) in April 2026.
The charter provides Coinbase’s custody business with a federal regulatory framework.
However, the approvals are facing congressional scrutiny. Senator Elizabeth Warren questioned…
