Coinbase's national trust bank charter officially took effect on November 9, 2026, as confirmed by the US Office of the Comptroller of the Currency (OCC). This charter enables Coinbase National Trust Company to hold digital assets on behalf of clients as a fiduciary. Coinbase plans to enhance its institutional crypto custody services, offering segregated custody accounts and exploring digital asset payment products. The charter was applied for in October 2025 and received preliminary approval in April 2026.