Samsung Corporation is set to enable Galaxy smartphone owners to purchase cryptocurrency directly through an integrated wallet, thanks to a partnership with the bitcoin exchange Coinbase.
We’ve partnered with @Samsung to bring crypto to 75+ million new people. pic.twitter.com/MGZyXJeAxN
— Coinbase 🛡️ (@coinbase) October 3, 2025
Initially, around 75 million gadget users in the United States will gain access to the Coinbase One subscription service. The platform offers zero trading fees, enhanced staking rewards, and fund recovery in the event of unauthorized third-party actions.
In the coming months, the partners plan to expand the initiative beyond the United States.
American clients of the crypto exchange also gained the ability to top up their account balance via Samsung Pay. The integration was first announced in July.
“Samsung Wallet is a reliable tool for millions of Galaxy users, and we are constantly working to find creative ways to enhance its functionality by adding new features,” said Drew Blackard, Vice President of Mobile Devices at Samsung Electronics America.
Coinbase Continues Institutionalization Efforts
The crypto exchange has applied to the Office of the Comptroller of the Currency (OCC) for national trust company status.
More on what this means (and doesn’t mean) on our blog ↓https://t.co/Cnj0pK5raY
— Coinbase 🛡️ (@coinbase) October 3, 2025
“Coinbase is making a significant step in expanding our business capabilities and regulatory oversight beyond existing frameworks, paving the way for innovation and growth in building a modern financial system based on digital assets,” the statement reads.
Coinbase clarified that it does not intend to become a bank. Obtaining a license from the OCC is part of the company’s strategy to “bridge the gap between the crypto economy and the traditional financial system.”
The trust charter will open new opportunities for launching products beyond custodial services, including payments and related services, thanks to regulatory transparency, the company added.
The only holder of a federal trust bank license in the crypto industry so far is Anchorage Digital.
Earlier this summer, Circle and Ripple submitted similar applications to the OCC.