Coinbase urges US regulators to confirm banks can offer crypto services
Coinbase is urging US regulators to allow banks to offer cryptocurrency services. As the largest custodian for US-based spot Bitcoin ETFs, Coinbase wants state-chartered banks to provide and outsource crypto custody and execution services. They are asking regulators to confirm that banks can legally serve crypto businesses. In a letter to the Office of the Comptroller of the Currency (OCC), the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC),