Coinbase Receives OCC Approval for National Trust Bank Charter

Coinbase’s national trust bank charter took effect on Friday, according to the US Office of the Comptroller of the Currency (OCC).The applied for the charter in October 2025 and received preliminary approval in April 2026, according to the OCC’s filing record. The charter allows Coinbase National Trust Company to hold…

Zcash Developers Propose 20-Second Blocks After NU7 Upgrade

Zcash developers have proposed reducing the blockchain’s target block interval from 25 seconds to 20 seconds, seeking faster transaction confirmations days after activating the NU7 upgrade. On Sunday, developers ValarDragon and Evan Forbes submitted a draft Zcash Improvement Proposal (ZIP) on the Zcash community forum, saying that they want the change to be included in the next community poll and considered for the upcoming NU7.1 network upgrade.The reduction would shorten the expected wait for initial transaction…

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California’s new insurance czar reveals massive overhaul to entire industry in the state: ‘No more’

California’s next insurance commissioner is promising a sweeping overhaul of the state’s embattled insurance industry, including a first-of-its-kind public disaster insurance program that would guarantee wildfire coverage for homeowners. Jane Kim, a former San Francisco supervisor who defeated fellow Democrat Ben Allen in the race for insurance commissioner, declared victory…

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