Author: NBTC
The Bank of Korea (BoK) is reportedly preparing to launch the second phase of its central bank digital currency (CBDC) pilot, with a key emphasis on testing the distribution of government subsidies through digital currency. The CBDC project ultimately aims to enhance fiscal efficiency by curbing misuse and slashing administrative costs. However, the broader pushback against the CBDC from citizens remains, with many of them seemingly believing that it is a tool for government surveillance. Is South Korea’s CDBC ready? According to reports, the Bank of Korea (BOK) is accelerating the resumption of the CBDC experiment amid delays in discussions…
India registers 49 crypto exchanges under FIU, tightening AML rules to curb scams, fraud, and terror financing in the crypto sector. Crypto platforms face ₹28 crore fines as India enforces AML compliance, wallet tracking, and risk assessments to strengthen market oversight. India is stepping up regulation of the crypto sector, with 49 cryptocurrency exchanges officially registered with the Financial Intelligence Unit (FIU) during the 2024–25 financial year. This move is part of the government’s effort to bring digital asset activity under stricter anti-money laundering (AML) and counter-terror financing controls, as concerns rise over crypto misuse in criminal activities. FIU Review…
The US Federal Reserve is requesting public input on its proposed “payment account,” dubbed a “skinny master account” which fintechs and crypto firms are drawn to as it would allow access to the central bank without needing the typical approvals. “These new payment accounts would support innovation while keeping the payments system safe,” Fed Governor Christopher Waller said on Friday. In October, Waller recommended that the Fed explore the idea of implementing payment accounts to clear and settle certain transaction activities of eligible financial institutions. Waller added the Fed is introducing the payment accounts feature to reflect the “rapid developments”…
Hong Kong’s market regulator has warned investors to stay alert. The Hong Kong Securities and Futures Commission said two crypto platforms are operating without approval. The warning follows reports that the firms claim to offer virtual asset trading services in Hong Kong without holding the required licenses. 据香港经济日报报道，香港证券及期货事务监察委员会告诫公众，提防无牌虚拟资产交易平台 Globiance X Limited／Globiance HK Limited 及… — 吴说区块链 (@wublockchain12) January 6, 2026 According to the Hong Kong Economic Journal, the SFC has added the platforms and their related websites to its official alert list. The move shows higher regulatory concern. It encourages the public to avoid unlicensed operators. Platforms Named in the…
Nvidia CEO Jensen Huang said the company’s next-generation Vera Rubin platform is already in “full production,” unveiling fresh details at CES in Las Vegas about hardware that he says can deliver five times the artificial-intelligence computing of Nvidia’s previous systems. Rubin is expected to arrive later this year and is aimed squarely at the fastest-growing part of the AI business, helping to deliver outputs from trained models. Huang said Rubin’s flagship server will include 72 of Nvidia’s graphics processing units and 36 central processors, and can be linked into larger “pods” containing more than 1,000 Rubin chips. Much of the…
Bitcoin traded near $88,800 on Monday as global markets leaned back into risk following record highs in gold and gains across Asian equities. Ether climbed back above $3,000, while XRP, Solana and Dogecoin also edged higher after a volatile stretch that saw crypto prices swing sharply independent of stocks and commodities. The steadier tone came as gold pushed to an all-time high above $4,380 an ounce, driven by growing bets that the Federal Reserve will deliver additional rate cuts in 2026. The metal is on track for its strongest annual performance since 1979, supported by central-bank buying and persistent inflows…
Crypto is no longer just about trading coins online. It is now becoming part of U.S. politics. Two major crypto companies, Gemini and Crypto.com’s parent company, Foris Dax, have donated more than $21 million to MAGA Inc., a political group that supports U.S. President Donald Trump. The information comes from recent filings with the U.S. Federal Election Commission (FEC). These donations show how seriously the crypto industry is taking its political influence. Who Gave the Money and How Much Gemini donated $1.5 million, which was sent using the stablecoin USDC and later converted into cash. Foris Dax went much further,…
Riot Platforms, a publicly traded Bitcoin mining company, sold nearly $200 million worth of Bitcoin in the last two months of 2025 to close the year with a balance of 18,005 BTC. Matthew Sigel, the head of digital asset research at VanEck, suggested that the proceeds from the BTC sales were just enough to kickstart Riot’s 2026-27 AI build-out. A snapshot report shared on social media by Sigel revealed that the company sold 383 BTC in November 2025 for approximately $37 million and 1,818 BTC in December for roughly $161.6 million, an 8% increase MoM. The total BTC sales over…
The Federal Reserve (Fed) is set to inject about $6.8 billion into financial markets on December 22, 2025, via repurchase agreements. This marks its first liquidity operation of this kind since 2020, with around $38 billion deployed over the past 10 days as part of its year-end liquidity management. This move comes in response to year-end liquidity strains and recent adjustments to the Fed’s standing repo facilities. While officials describe these steps as routine, crypto investors see them as bullish signals for risk assets. Understanding Repo Operations and Market Impact Repurchase agreements, or repos, are a core tool for managing…
SUI Group (SUIG), a Nasdaq-listed company tied to the Sui blockchain ecosystem, has appointed Brian Quintenz as an independent director to its board, the firm said in a press release on Tuesday. Quintenz will also serve on the board’s audit committee, the company said. SUIG shares are lower by 2.2% on Tuesday. The SUI token continued its 2026 rally, higher by 14% over the past 24 hours. His appointment follows the transition of SUI Group chief financial officer Joseph A. Geraci II from a board seat to a board observer role. With the change, the board now has five members,…