The Block

The votes are in. Now what for crypto legislation?

The Capitol Crypto Forum on November 19 is the first gathering of lawmakers, regulators, and industry leaders since the midterms.

Don’t miss it 👇
capitolcryptoforum2026.splashthat.com/TheBlock

THE BLOCK: Coinbase has secured final OCC approval to operate as a nationally chartered trust bank, joining Circle and Ripple.

The charter brings its trust-bank custody operations under federal oversight and lays the groundwork for new payments and related services.

NEW: Ankr's Ethereum cross-chain bridge has been exploited for nearly $300,000, according to security firm Blockaid.

The attacker reportedly used a small Optimism deposit to withdraw the bridge's locked funds across five transactions, with Blockaid saying the exploit is still ongoing.

EXCLUSIVE: Zama spin-off Raycash launches confidential stablecoin payments and private yield on Ethereum theblock.co/news/defi/2026…

THE BLOCK: Yat Siu said he will become Animoca Brands CEO on Dec. 1, while retaining his executive chairman role. Group President Evan Auyang will move to a senior advisor position.

Siu will oversee the company's AI agent and Web3 businesses as Animoca strengthens governance and financial reporting ahead of a future relisting.