Coinbase said it won conditional approval for a U.S. national trust company charter as CLARITY Act odds rebounded on hopes a stablecoin-yield deal could emerge within 48 hours.
Polymarket odds for the CLARITY Act fell to 62% as major U.S. banks weighed legal action over OCC trust-charter approvals they say could let crypto firms scale bank-like services without the full banking rulebook.
Crypto.com said the OCC conditionally approved its national trust bank charter, moving crypto custody closer to a single federal rulebook in the U.S.
A River analysis says 15 of the top 25 U.S. banks by assets are offering, launching, or exploring Bitcoin custody and trading.