Coinbase filed for a national trust company charter in October 2025, a step the company says would let it offer custody and trust services under federal supervision rather than a patchwork of state rules.

Reports show that the move immediately drew a formal challenge from the industry group representing many community banks.

Coinbase Seeks A National Trust Charter

According to public filings and market coverage, Coinbase ’s application names a subsidiary intended to operate as a national trust company.

The company says the charter would help clients get regulated custody for crypto assets and make interactions with the broader financial system simpler.

Regulators typically take time on these filings; some reports estimate the Office of the Comptroller of the Currency could take 12 t

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