ICBA Warns: Coinbase Bank Bid Could Upend U.S. Banking Rules
Key Takeaways: Coinbase Meets Resistance from ICBA on Bank Charter Bid The Independent Community Bankers of America (ICBA) has urged the Office of the Comptroller of the Currency (OCC) to reject Coinbase’s application for a national trust bank charter for its subsidiary, Coinbase National Trust Co. (CNTC). In a strongly worded letter dated November 4,…