Coinbase just got what it always wanted.

Summary

Strategy bought 1,036 Bitcoin for about $81.9 million, taking its holdings past 850,000 for the first time. Scott Melker's point is that the headlines about Michael Saylor being underwater on his average cost miss what matters, because Strategy is never getting margin called. Coinbase won full approval for a national trust bank charter from the OCC. The Treasury cut MEXC off from the US financial system over an alleged $16 billion in illicit transactions. Binance will close affected European accounts on December 31. And Circle froze $1.1 billion of USDC tied to the Binance theft. Timestamps…

Description from Yahoo News.