01:39 PM EST, 02/04/2025 (MT Newswires) -- Coinbase Global ( COIN ) is requesting US banking regulators to amend or clarify their positions in order to permit banks to offer custody and trading execution services for cryptocurrencies and allow them to partner with the company, media reports said Tuesday, citing a letter the company sent to the Office of the Comptroller of the Currency, the Federal Reserve and the Federal Deposit Insurance Corp.

Coinbase did not immediately reply to a request for comment from MT Newswires.

COIN shares were up 1.1% in recent trading.

Price: 287.36, Change: +2.95, Percent Change: +1.04