I got rid of Coinbase a few years back because of their extremely poor record of customer service as well as a tendency to suddenly close people's accounts with their money in it still and no word afterwards. Some had to lawyer up to get their funds back. I can't even imagine what Coinbase would have at its disposal as a chartered bank, almost but not a bank yet.
The Coinbase National Trust had received its provisional approval in April, allowing the company to offer federally regulated custodial and payments services, though not acting as a full-service bank that would take deposits and extend loans.
I wonder if in the future Coinbase would ever rebrand them self as a bank vs an exchange.
I got rid of Coinbase a few years back because of their extremely poor record of customer service as well as a tendency to suddenly close people's accounts with their money in it still and no word afterwards. Some had to lawyer up to get their funds back. I can't even imagine what Coinbase would have at its disposal as a chartered bank, almost but not a bank yet.
https://www.coindesk.com/policy/2026/11/09/coinbase-gets-full-u-s-trust-charter-from-federal-banking-regulator
I wonder if in the future Coinbase would ever rebrand them self as a bank vs an exchange.
Yes, they want to be a bank...