Crypto News Shake‑Ups: Trust Company, Quantum Risks and More

Coinbase has just landed a conditional license from the U. S. banking regulator to operate as a national trust company, but it will stay out of traditional banking services like taking customer deposits or running a bank. The move is meant to give the company a clear federal framework for its custody and market‑infrastructure work. The crypto world is also waking up to a serious threat: quantum computers could break Bitcoin’s security faster than anyone thought. A research paper from Google shows that the private keys used to protect Bitcoin could be cracked with far fewer resources, raising alarms across the industry.Industry leaders are calling for action. One well‑known crypto figure said Google’s findings were “quite reasonable” and urged the community to start building defenses that can withstand quantum attacks. Meanwhile, a high‑profile investor criticized another tech mogul for promoting a new stock offering, demanding that the target be arrested for allegedly misleading viewers. In other news, the head of a popular trading app reflected on his career and stressed that financial tools should be shared more widely, not hoarded by a select few.