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Door Remote - 09 Nov 2026
Today in crypto, the European Union called on the finance industry to write a common rulebook for tokenized securities, Zcash developers seek another reduction in block times and Binance France is closing up shop in the country.
EU taps industry to set standards for tokenized securitiesThe European Central Bank, European Commission and European Securities and Markets Authority are seeking nominations for an industry-led group that will draft common standards for holding and settling tokenized securities.
Eligible applicants include EU industry associations, global institutions, private firms and fintech companies. They can apply to the European Tokenisation Standards Group (ETSG) by Nov. 27, with work set to begin in January 2027, according to a release published Monday. The three EU institutions will participate as observers.
The group will develop technical and market standards to help companies hold and settle tokenized securities across different distributed ledger technology (DLT) platforms and ensure those platforms can work with existing financial systems. The group aims to produce an initial set of standards by early 2028, according to its mandate. The standards will support Appia, the Eurosystem’s initiative to develop a blueprint for Europe’s tokenized financial markets.
The institutions warned that fragmentation could limit the benefits of tokenization and said the group may recommend ways for EU authorities to encourage firms to adopt its standards.
In September, the Eurosystem launched Pontes, a system that allows financial institutions to settle wholesale transactions in tokenized assets in central bank money.
Zcash devs propose another block time cut days after NU7 upgradeZcash 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 GitHub, 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 confirmations. According to the proposal, this would improve the user experience for point-of-sale payments, exchange deposits and cross-chain swaps.
The developers said the change would not increase the network’s overall daily capacity for private transactions. The proposal would also preserve Zcash’s existing issuance schedule, despite blocks being produced more frequently.
The proposal comes just days after Zcash’s NU7 upgrade went live. On Friday, the NU7 upgrade was activated on the mainnet, cutting the network’s target block interval from 75 seconds to 25 seconds.
The upgrade also introduced a Network Sustainability Mechanism designed to recycle a portion of transaction fees into future mining rewards while preserving Zcash’s 21 million ZEC supply cap.
Binance France emails announce closure of accounts Dec. 31Binance France is closing up shop in the country. Customers have been notified by email during early November, according to media reports.
All accounts will be closed on Dec. 31, and any assets left on the exchange will be charged monthly fees starting on Nov. 29, Cryptoast, Crypto Briefing and other media reported on Saturday, citing emails sent to users by Binance.
On that date, accounts still maintaining a balance will pay a monthly maintenance fee of 0.025% of the balance, or a minimum of 10 USDC, a stablecoin tracking the US dollar.
To avoid fees, withdrawals must be completed by Nov. 29, the exchange said.
EU taps industry to set standards for tokenized securitiesThe European Central Bank, European Commission and European Securities and Markets Authority are seeking nominations for an industry-led group that will draft common standards for holding and settling tokenized securities.
Eligible applicants include EU industry associations, global institutions, private firms and fintech companies. They can apply to the European Tokenisation Standards Group (ETSG) by Nov. 27, with work set to begin in January 2027, according to a release published Monday. The three EU institutions will participate as observers.
The group will develop technical and market standards to help companies hold and settle tokenized securities across different distributed ledger technology (DLT) platforms and ensure those platforms can work with existing financial systems. The group aims to produce an initial set of standards by early 2028, according to its mandate. The standards will support Appia, the Eurosystem’s initiative to develop a blueprint for Europe’s tokenized financial markets.
The institutions warned that fragmentation could limit the benefits of tokenization and said the group may recommend ways for EU authorities to encourage firms to adopt its standards.
In September, the Eurosystem launched Pontes, a system that allows financial institutions to settle wholesale transactions in tokenized assets in central bank money.
Zcash devs propose another block time cut days after NU7 upgradeZcash 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 GitHub, 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 confirmations. According to the proposal, this would improve the user experience for point-of-sale payments, exchange deposits and cross-chain swaps.
The developers said the change would not increase the network’s overall daily capacity for private transactions. The proposal would also preserve Zcash’s existing issuance schedule, despite blocks being produced more frequently.
The proposal comes just days after Zcash’s NU7 upgrade went live. On Friday, the NU7 upgrade was activated on the mainnet, cutting the network’s target block interval from 75 seconds to 25 seconds.
The upgrade also introduced a Network Sustainability Mechanism designed to recycle a portion of transaction fees into future mining rewards while preserving Zcash’s 21 million ZEC supply cap.
Binance France emails announce closure of accounts Dec. 31Binance France is closing up shop in the country. Customers have been notified by email during early November, according to media reports.
All accounts will be closed on Dec. 31, and any assets left on the exchange will be charged monthly fees starting on Nov. 29, Cryptoast, Crypto Briefing and other media reported on Saturday, citing emails sent to users by Binance.
On that date, accounts still maintaining a balance will pay a monthly maintenance fee of 0.025% of the balance, or a minimum of 10 USDC, a stablecoin tracking the US dollar.
To avoid fees, withdrawals must be completed by Nov. 29, the exchange said.