Coinbase confirmed it is considering applying for a US federal bank charter amid moves by crypto firms to integrate with the traditional financial system.
US-based publicly traded crypto exchange Coinbase confirmed that it is considering applying for a US federal bank charter.
In a statement sent to Cointelegraph, Coinbase said it is considering pursuing a US federal bank charter, according to a company spokesperson.
“This is something Coinbase is actively considering but has not made any formal decisions yet,” the spokesperson told Cointelegraph.
