Author: NBTC
In a significant move for global finance, Russia has announced a strategic pivot to deploy its central bank digital currency, the digital ruble, primarily for international trade settlements with fellow BRICS nations, targeting a pivotal September 1, 2025, launch date for cross-border payments. The Digital Ruble’s International Mandate Timur Aitov, chairman of Russia’s Financial Market Security Committee, recently clarified the project’s core objective. He stated that BRICS nations collectively require a central bank digital currency (CBDC) for trade. Consequently, the Bank of Russia is accelerating its timeline to meet this international need. This revelation shifts the narrative around the digital…
If you want to buy a $4 latte with Bitcoin, you owe the IRS a capital gains calculation simply because your crypto appreciated by six cents. Of course, this is a huge hindrance to mainstream adoption in the payment sector. The IRS classifies Bitcoin as property, which means that every transaction triggers a reporting obligation. However, the fight to end this tax nightmare is heating up in Washington. A once-in-a-decade opportunity According to a brief released by the Bitcoin Policy Institute (BPI), the 119th Congress represents the best opportunity in a decade to finally secure a de minimis tax exemption.…
Buck, a digital asset technology company, has announced an update to its core yield-bearing token, increasing its annual yield to 10% and introducing automatic reward distribution for holders. According to the announcement shared with Finbold on February 12, the changes take effect on February 12 and apply to the existing token rather than a newly issued asset. Automatic rewards replace manual claims The update raises Buck’s yield from 7% to 10%. The company has also removed its previous manual reward claim requirement, replacing it with automatic rewards distributed directly to holders’ wallets. Previously, token holders were required to manually claim…
Thailand’s Securities and Exchange Commission (SEC) has confirmed that legal action against cryptocurrency promoter Worawat Narknawdee, also known as “Acme Traderist,” is ongoing. The statement followed renewed public attention after more than 30 alleged victims filed new complaints against him this week. Deputy Secretary-General Anek Yooyuen said the SEC filed a criminal complaint in March 2023 against Mr. Worawat and 1000X Limited, the company operating the website 1000x.live. The pair are accused of running a digital asset trading business without authorisation. [#highlighted-links#] The case resurfaced publicly on 9 March 2026, when more than 30 alleged victims went to the Central…
Advertising Time Trace (ATT), a Web3 platform that runs a digital advertising ecosystem in a decentralized landscape, today announced a strategic partnership with CognifyAI, an intelligence platform that converts data into insights for decision-making. This collaboration brings the strengths of ATT’s DePIN infrastructure and Cognify’s AI technology together to transform the way AI capabilities and computational resources are accessed, and as a result, drive new efficiency in AI development and machine learning. Cognify is an AI-powered platform that combines geospatial intelligence, predictive analytics, and blockchain technology to optimize intelligent decision-making that enhances economic activities and workforce efficiency. Since its launch…
Markets declined Thursday afternoon as concerns over artificial intelligence’s rapid expansion and its potential to disrupt multiple industries weighed on investor sentiment. Bitcoin, the largest digital asset by market value, fell 2.5% to trade below $66,000, dragging the broader crypto market lower. Ethereum changed hands near $1,900 as digital assets tracked equity losses. The S&P 500 shed 1.1% while the Nasdaq dropped more than 1.4%. Among the mega-cap technology names, Apple retreated 5%, Tesla lost 3%, and both Meta and Amazon slid 2.5%. Nvidia dipped 0.5%, with Alphabet and Microsoft flat on the day. Commodities suffered steep declines. Gold fell…
America’s two principal financial market regulators appear to be moving in concert in terms of providing clarity for some of the fastest-growing corners of the markets, which are prediction markets and tokenized equities. The Commodity Futures Trading Commission (CFTC), Division of Market Oversight, issued a prediction markets advisory regarding the listing of trading event contracts on Thursday, March 12, 2026. In a separate event that occurred the same day, the Securities and Exchange Commission (SEC) Chairman, Paul Atkins, used his opening remarks at the agency’s Investor Advisory Committee (IAC) to reaffirm that a long-awaited innovation exemption for tokenized equity securities…
COZ has distributed 936 $NEO across four ecosystem projects in its Proof of Working 2.2 report, published on March 17. The round marks the largest single distribution in the relaunched series, up from 440 $NEO in round 2.0 and 446 $NEO in round 2.1. The weekly program rewards independent contributors for publicly delivered work in the Neo ecosystem. COZ staff members are not eligible for awards. Four primary projects emerged as beneficiaries of the third round of the Proof of Working program. Funded projects HushNetwork (aboimpinto), a returning recipient from round 2.1, is building a decentralized social network focused on…
Fiserv, a major US payments and financial technology provider, has launched a new cash settlement platform for digital asset companies, a move that could strengthen fiat infrastructure for crypto players and improve access to liquidity. On Thursday, Fiserv announced the debut of INDX, a real-time cash settlement system that operates 24 hours a day, 365 days a year. The platform allows digital asset companies to move US dollars instantly using a single custodial account, potentially improving how exchanges, trading desks and other crypto businesses manage fiat balances. Source: Fiserv INDX will be made available to more than 1,100 insured financial…
A committee that advises the U.S. Securities and Exchange Commission recommended the agency move forward on a tokenized-securities policy that would allow traders to cut out the kind of go-between settlement that Wall Street investment firms have relied on for decades. The SEC’s Investor Advisory Committee voted Thursday to recommend narrow exemptions for the blockchain-based innovation for the trading of stocks, as long as the activity comes with mandatory disclosures, routine outside supervision and “a requirement that the trading of tokenized equity securities seeks to ensure that all investors receive the best terms for their orders.” These crypto assets still meet…