Coinbase Partners with Circle, Ripple, and Paxos in US Crypto Trust Bank Group Following OCC Conditional Approval
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 02 2026
0mins
Should l Buy COIN?
Source: stocktwits
Conditional Approval for Coinbase: Coinbase has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish the Coinbase National Trust Company, which aims to bring federal regulatory oversight to its custody and market infrastructure services.
Operational Requirements: The approval requires Coinbase to complete several governance, staffing, and operational readiness steps before launching its national trust bank operations.
Clarification on Banking Services: Coinbase clarified that it will not be transitioning into a commercial bank and will not engage in retail deposit-taking or fractional reserve banking.
Market Impact: Following the announcement, Coinbase's stock experienced a slight decline amid broader market weaknesses, with retail sentiment around cryptocurrency exchanges remaining bearish.
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Analyst Views on COIN
Wall Street analysts forecast COIN stock price to rise
25 Analyst Rating
17 Buy
7 Hold
1 Sell
Moderate Buy
Current: 202.990
Low
230.00
Averages
361.63
High
440.00
Current: 202.990
Low
230.00
Averages
361.63
High
440.00
About COIN
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides a platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers their primary financial account for the onchain economy; institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. The Company offers products and services to various customer groups: consumers, businesses, institutions, and developers. Its transaction products consist of consumer trading, prime trading, markets, base protocol and Coinbase wallet. The Company also provides market infrastructure in the form of exchanges for customers to trade spots and derivatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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