NYSE:OPEN 20 February 2026

April 3, 2026, 8:04 AM EDT. Coinbase has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) for a national trust charter, advancing its efforts to operate under a federal regulatory framework. The charter covers custody and market infrastructure services, excluding retail banking. The approval aligns Coinbase with other crypto firms like Ripple and Paxos that have secured similar status, enhancing its appeal to institutional clients seeking regulated custody solutions. While the approval is conditional and contingent on compliance, it clarifies the company's regulatory path amidst ongoing market uncertainty. Coinbase shares traded cautiously near $171.24 after a recent pullback from $200-$210, reflecting investor focus on regulatory developments and execution risks in the evolving crypto landscape.