Coinbase has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a trust bank. This approval, once finalized, will allow Coinbase to offer payment products alongside its existing custody services under federal regulation. The company clarified it will not become a commercial bank or engage in retail deposits or fractional reserve banking. The trust charter will provide Coinbase with legal authority and access to banking infrastructure, improving its ability to move, hold, and settle money efficiently. This move supports Coinbase's strategy to expand crypto payments, particularly through stablecoins like USDC, and aligns with regulatory efforts to foster crypto innovation in the U.S.
On December 1, 2025, YieldMax Ultra Option Income Strategy ETF (ULTY) executed a 1-for-10 reverse split, raising its share price tenfold but not increasing investor value. The fund charges a high 1.24% expense ratio, significantly more than comparabl...
YieldMax COIN Option Income Strategy ETF (CONY) promises a 78% yield by using a synthetic covered call strategy on Coinbase shares, but investors have faced a 56.25% loss over the past year, nearly matching Coinbase’s 59.10% drop. The fund caps upsid...
US stock markets are trading sideways as geopolitical tensions in the Middle East weigh on investor sentiment. The Dow Jones 30 found support at the critical 52,000 level and remains in an overall uptrend, suggesting buying opportunities despite shor...
Coinsilium Group Limited will invest an additional $200,000 in Predictive Labs, increasing its total commitment to $350,000 and acquiring nearly 12% ownership. This follows Predictive Labs' launch of Nijinn, a platform aggregating data from predictio...
Coinbase Global is transforming from a simple Bitcoin price proxy to a diversified crypto business. Stablecoin-related revenues and subscription services now make up 44% of its net revenue and have grown despite overall crypto market declines. Additi...
