New reports reveal that XRP’s supply on Coinbase has crashed to historical lows as investors and community members appear to be boycotting the exchange following the recent delay in the CLARITY Act. On the one hand, the recent movement shows joint unity among XRP holders as they collectively exit exchanges in protest. On the other hand, analysts suggest that the surge in withdrawals could trigger a supply crunch for XRP, potentially impacting its price. Related Reading XRP Supply Falls To Historic Lows On Coinbase XRP advocate Diana has taken to…
Tag: Coinbase
US Banking Group Slams Coinbase Conditional Trust Approval, Citing Risks in Crypto Banking Expansion – Featured Bitcoin News
Key Takeaways: U.S. banking group criticized OCC’s conditional approval of Coinbase, warning the move could expose U.S. consumers to risk. Coinbase Global’s trust plan targets institutional custody, deepening crypto ties to banking. ICBA urged rule changes, signaling tougher oversight ahead as nonbanks seek similar charters. ICBA Challenges OCC’s Conditional Approval of Coinbase Trust Charter The Independent Community Bankers of America (ICBA), a U.S. banking trade group, has opposed regulatory action regarding Coinbase’s charter approval. The organization criticized the Office of the Comptroller of the Currency (OCC)’s conditional approval of Coinbase…
Coinbase Clarifies ‘We Are Not Becoming a Bank’ After Receiving Conditional OCC Nod That Hints at Bigger Moves – Exchanges Bitcoin News
Coinbase OCC Trust Charter Signals Federal Crypto Oversight Shift Crypto exchange Coinbase (Nasdaq: COIN) said it is not becoming a bank after announcing on April 2 that it received conditional approval from the Office of the Comptroller of the Currency (OCC), clarifying its regulatory direction. The move signals a shift toward federal oversight of crypto infrastructure while preserving a non-bank model focused on custody and institutional services. Brian Armstrong, CEO of Coinbase, shared on social media platform X that the approval does not signal a transition into banking activities. He…
US Community Banks Push Back on Coinbase Trust Charter Approval
The Independent Community Bankers of America has opposed the Office of the Comptroller of the Currency’s (OCC) conditional approval of Coinbase’s national trust bank charter, warning the application falls short of regulatory standards and could pose risks to consumers and the financial system. On Thursday, ICBA said Coinbase’s application shows deficiencies in risk controls, profitability and resolution planning, and argued the OCC lacks statutory authority to expand trust powers for crypto-related activities without applying the full set of banking regulations. The group said the decision reflects a broader trend of…
Coinbase Bitcoin premium flips back to positive as U.S. demand stirs
The Coinbase Bitcoin Premium Index has turned slightly positive again, hinting at renewed U.S. spot and ETF demand even as fear gauges flash “extreme fear.” Summary The Coinbase Bitcoin Premium Index has turned positive at roughly +0.0019% after around two weeks below zero, according to Coinglass data. The move hints that U.S. demand — especially from institutional and compliant capital — is starting to outpace prices on offshore exchanges again. The shift comes while the Crypto Fear & Greed Index has lingered in an “extreme fear” band for over 46…
ICBA Opposes OCC’s Conditional Nod For Coinbase National Trust Bank Charter
The Office of the Comptroller of the Currency (OCC) granted Coinbase (COIN) a conditional approval for a national trust bank charter, a move that would place the crypto exchange among a small group of five digital-asset firms — including Ripple, Circle (CRCL) — that have received similar tentative sign-offs from the agency. If the charter is finalized, Coinbase would be able to expand beyond custody services to offer payment products and other infrastructure under federal supervision, Coinbase’s chief legal officer, Paul Grewal, told CNBC. Coinbase Eyes Broader US Payments Suite …
Linux Foundation and Coinbase Launch x402 Foundation for AI Agents – News Bytes Bitcoin News
The Linux Foundation announced the launch of the x402 Foundation on April 2, 2026, during the MCP Dev Summit North America in New York. The initiative involves the formal contribution of the x402 protocol from Coinbase to the Linux Foundation to serve as a neutral, open-source standard for internet-native payments. This protocol enables artificial intelligence (AI) agents, application programming interfaces, and apps to transact value directly within web interactions. The transition to an open-source model aims to ensure transparency and interoperability across the global financial ecosystem. The foundation launches with…
Bitcoin PLUMMETS To $66K As David Sacks Steps Down & Coinbase Faces Backlash!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Bitcoin #Crypto #Finance Bitcoin has dropped sharply toward the $66K level as major developments in crypto policy and industry leadership shake market sentiment. Coinbase is facing growing backlash after refusing to support the latest version of the Clarity Act, raising concerns about delays in U.S. crypto regulation, while David Sacks steps down from his role advising on crypto and AI policy—adding to uncertainty around the future direction of regulation. At the same time, debates over stablecoin yield and broader market structure continue…
Coinbase Joins Ripple, Circle With Conditional OCC National Trust Charter Approval – Crypto News Bitcoin News
Coinbase Moves Closer to Federal Crypto Custody With OCC Approval According to a Bloomberg report, the OCC granted the preliminary green light to Coinbase National Trust Company, which Coinbase filed to establish on Oct. 3, 2025. The application was listed as pending on the OCC’s Digital Assets Licensing Applications page until Thursday’s announcement. The charter is structured as a non-insured national trust company, meaning Coinbase will not take deposits or issue loans. The scope covers custody, staking, and related fiduciary and trust functions for institutional clients. Coinbase said the charter…
FINAL WARNING to ALL Crypto Holders!! (I will delete this in 24 hours)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io If you hold Bitcoin or Ethereum… watch this! (alert!) ⭐ Follow Altcoin Daily on 𝕏: 🟠 BTC Conference 2026 – ‘ALTCOINDAILY’ for 10% off Ticket: 🟠 Become a channel member & get access to perks: 🎁 Altcoin Daily Merch: 🟡 50% deposit bonus on first $100 on WEEX: 🟣 Best Crypto Exchange To Trade ($12,000 Bonus): ✅ Bitunix (no kyc, $10,000 bonus): 🔴 $30k USDT bonus with Phemex with our link: 🔵 $30k bonuses with our link – Buy & Trade Crypto…