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, a company spokesperson said.
“This is something Coinbase is actively considering but has not made any formal decisions yet,” the spokesperson told Cointelegraph.
Coinbase in-office photo. Source: Coinbase
The comments follow recent reports suggesting that Coinbase and multiple other major crypto firms were planning to apply for a banking license in the United States. Coinbase, stablecoin issuers Circle and Paxos, and crypto custodian BitGo are the firms in question.
Coinbase did not clarify why it is considering pursuing a bank charter by the time of publication. Still, the license could potentially allow crypto firms to operate like traditional lenders, taking deposits and making loans.
On the other hand, firms that obtain banking charters are subject
We współpracy z: https://cointelegraph.com/news/coinbase-confirms-considering-a-banking-charter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
