Coinbase, the largest custodian for US-based spot Bitcoin ETFs, wants US state-chartered banks to be allowed to provide and outsource crypto custody and execution services.
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Cryptocurrency exchange Coinbase is pressing US regulators to confirm that banks are free to provide services to crypto businesses.
Coinbase sent a letter to the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board of Governors and the Federal Deposit Insurance Corporation (FDIC), asking them to provide clarity on the status of banking services to crypto, Bloomberg reported on Feb. 4.
This article first appeared at Cointelegraph.com News