Coinbase Bank Gets Full OCC Approval as Ripple Leads Crypto Banking Push

Coinbase has moved closer to the center of the US financial system after securing full approval for its national trust bank charter. The Office of the Comptroller of the Currency (OCC) recorded the charter as effective on November 6. The development gives Coinbase a federally supervised framework for expanding its institutional custody and digital asset services. The approval completes a process that began with Coinbase’s application in October 2025. The OCC granted conditional approval on April 2, 2026, before recording the charter as consummated. Coinbase can now operate through its national trust company under federal supervision. Coinbase follows Ripple’s final OCC approval on October 26. Two major crypto companies have now secured national trust bank charters within weeks.

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