Markets wrap · X @MoneyTurkey

Indices S&P 5007,561.7 −0.40% NASDAQ 10027,944 −1.22% DOW52,348 +0.10% RUSSELL 2K2,790.5 −0.31% S&P FUT7,583.0 −0.42% NDX FUT28,035 −1.23% VIX19.30 +3.21% TSX36,106 −0.09% BOVESPA172,458 +0.66% MEXICO IPC71,205 −0.84% FTSE 10010,903 +0.36% DAX26,750 −0.08% CAC 408,368.9 +0.09% STOXX 506,386.9 −0.19% SMI15,106 −0.29% FTSE MIB51,859 +0.10% IBEX 3520,020 +0.27% AEX1,141.0 +0.07% OMXS303,356.9 −0.07% BIST 10011,843 +0.27% NIKKEI61,142 +0.53% HANG SENG23,638 −1.55% SHANGHAI3,634.4 −0.59% CSI 3004,016.3 −0.68% KOSPI5,290.5 −0.98% TAIEX43,675 +1.35% ASX 2009,082.2 −0.71% SENSEX81,592 −0.39% NIFTY 5025,144 −0.61% STI5,231.8 −0.96% FX DXY103.41 0.00% EUR/USD1.1028 −0.28% GBP/USD1.3209 −0.20% USD/JPY159.69 −0.10% USD/CHF0.8382 +0.44% USD/CAD1.4269 +0.11% AUD/USD0.6774 −0.54% NZD/USD0.5525 −0.43% USD/CNH6.6738 +0.02% USD/TRY50.3447 +0.12% EUR/TRY55.4947 −0.22% GBP/TRY66.5168 −0.07% USD/MXN18.5230 −0.36% USD/BRL5.6666 +0.38% USD/INR94.24 +0.21% USD/ZAR16.9233 +1.14% USD/KRW1,336.2 +0.14% USD/SGD1.2877 +0.11% USD/HKD7.8455 +0.02% USD/SEK10.0729 +0.53% USD/NOK9.5748 +0.42% USD/PLN3.9928 +0.30% EUR/GBP0.8343 −0.07% EUR/JPY175.99 −0.38% EUR/CHF0.9243 +0.21% GBP/JPY210.97 −0.25% Yields US2Y4.85% −1.2bp US5Y4.96% +1.8bp US10Y5.14% +3.6bp US30Y5.47% +4bp DE2Y3.11% −0.4bp DE10Y3.39% +1.3bp GB2Y4.97% +0.2bp GB10Y5.34% −0.3bp GB30Y5.79% +0.2bp FR10Y4.93% +0.9bp IT10Y4.43% −0.7bp ES10Y3.94% +0.2bp CH10Y0.57% +1.2bp JP10Y2.87% +1.1bp CN10Y1.61% −2.6bp AU10Y5.14% +1.4bp CA10Y3.86% +4.6bp IN10Y7.31% +6bp BR10Y15.34% −10.5bp ZA10Y8.68% +3.5bp MX10Y9.30% −0.6bp TR2Y36.26% −52bp TR10Y33.52% 0bp Commodities GOLD$3,886.30 +0.03% SILVER$49.12 −1.89% PLATINUM$1,489.70 −2.02% COPPER$6.090 −1.71% BRENT$95.84 +0.02% WTI$88.56 −0.20% NAT GAS$3.230 −3.29% WHEAT593.25¢ +1.54% CORN445.50¢ +0.68% SOYBEANS1,231.50¢ +1.03% COFFEE279.25¢ +0.22% Crypto BTC$64,449 −4.10% ETH$1,803 −4.48% SOL$70.59 −6.70% XRP$0.9448 −4.61% BNB$588.27 −5.24% DOGE$0.0581 −7.21% ADA$0.1490 −9.32% TRX$0.3071 −1.42% AVAX$7.09 −11.43% LINK$9.05 −6.10%
02:30 GMT · Markets wrap ›

Coinbase Wins Full OCC Trust Charter After April Nod

MoneyTurkey editors
Night editorial photograph of a classical stone bank facade, empty of people, with typography and two soft fact tiles. Headline: Coinbase Wins Full OCC Trust Charter After April Nod. Lead: Full charter. Support line: Coinbase National Trust, upgraded from April conditional approval. Tiles: Upgrade, conditional to full, conditional approval came in April; Scope, custody and payments, no deposits or loans. Source: CoinDesk, 10 Nov 2026. Chart: MoneyTurkey.

The US banking regulator has turned Coinbase’s conditional trust approval into a full national trust charter, as community banks challenge the OCC’s crypto charters in court.

MoneyTurkey Crypto Desk | 10 November 2026

Key points

  • The Office of the Comptroller of the Currency (OCC) upgraded Coinbase National Trust from conditional to full charter, the company said
  • Provisional approval came in April; the trust can offer federally regulated custody and payments, but cannot take deposits or make loans
  • Ripple won a full trust charter from the OCC last month
  • The Independent Community Bankers of America is suing the OCC over crypto trust charters

What changed

Coinbase, the biggest US crypto exchange, said the OCC has signed off on a full charter for Coinbase National Trust after several months of compliance build-out, hiring and regulatory review, CoinDesk reported. The trust had held provisional approval since April.

A national trust charter lets Coinbase run custody and payments services under federal oversight. It is not a full-service bank licence, so the trust does not take deposits or extend loans.

“The OCC’s approval is another major step in integrating digital assets into the core infrastructure of the American financial system,” Coinbase Vice Chairman Ryan VanGrack said in a statement.

Why it matters

Crypto firms have rushed for federal trust status since the GENIUS Act opened a path for federal trusts to issue compliant stablecoins. Ripple got its full charter last month, and many other firms hold provisional ones, including a conditional charter for the Trump family’s World Liberty Financial.

The push is not uncontested. The Independent Community Bankers of America has sued the OCC, arguing the regulator overstepped its authority in granting trust charters to crypto firms. That case is the one to watch for whether these charters stick.

For information only. Not investment advice.

Sources

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