Author: NBTC
On Mar. 24, the Commodity Futures Trading Commission (CFTC) launched its Innovation Task Force, tasked with developing frameworks for crypto assets, blockchain technologies, AI systems, and prediction markets. Alongside everything else Washington has done in the past three months, it reads as the moment when a provisional, enforcement-heavy posture toward crypto began to harden into something more permanent. The asset class became too financially embedded, too politically contentious, and too jurisdictionally tangled for the federal government to keep handling on a case-by-case basis. A timeline that argues for itself The pace since Chairman Michael Selig’s swearing-in in December 2025 is…
SEC Chairman Paul Atkins made important statements about cryptocurrency markets, tokenization, and the regulatory framework during a program he participated in. Atkins, the opening guest of the second year of “Crypto In America,” argued that the crypto industry has now evolved from an era of “regulation through sanctions” to one of predictable and clear rules. When asked what crypto meant to him, Chairman Atkins directly defined the field as “innovation.” Stating that on-chain transactions are revolutionary in making services more efficient and reducing risks, Atkins said, “On-chain exchange and payment systems that were unimaginable 10 years ago are becoming a…
The declines in Bitcoin and altcoins have negatively impacted both individual and institutional investors. As losses continue to mount, Bitcoin (BTC) and Ethereum (ETH) bulls have seen Solana DAT, following Strataegy and Bitmine, also face significant losses. According to recent data, publicly traded companies holding Solana ($SOL) in their portfolios have faced unrealized losses exceeding $1.5 billion. According to CoinGecko data, Solana’s four largest institutional holders—Forward Industries, Sharps Technology, DeFi Development, and Upexi—reported $1.4 billion in unrealized losses. Although the losses haven’t materialized yet, stock markets have repriced the companies’ shares, and most are trading well below their market capitalization.…
US President Donald Trump announced the appointment of 13 members from the crypto, blockchain, AI, and technology industries to his Council of Advisors on Science and Technology, re-established by executive order in January 2025. In a Wednesday notice, the White House said that the council would include Meta CEO Mark Zuckerberg, Coinbase co-founder Fred Ehrsam, Nvidia CEO Jensen Huang, Oracle chief technology officer Larry Ellison, and others from major tech companies. According to the White House, the council could have up to 24 members, many of whom “will be appointed in the near future.” Source: Michael Kratsios The council will…
Tools for Humanity, the Sam Altman-led company that develops infrastructure for Worldcoin, now known as World, has seen two top executives and several senior employees leave in recent months, Business Insider reported Tuesday. Adrian Ludwig, who served as chief architect and security officer, and Damien Kieran, the company’s legal and privacy chief, recently exited. Ludwig previously worked at Alphabet, Atlassian, and Adobe, while Kieran joined from BeReal and Twitter (now X). Their exits were followed by the departure of several other leaders, including heads of protocol, people, talent, and device product. CEO Alex Blania responded by appointing interim executives across…
The US has accused two China-based pharmaceutical firms of using crypto to sell fentanyl precursor chemicals to violent Mexican cartels distributing drugs across the US. Six defendants and two pharmaceutical firms, Shandong Believe Chemical Company and Shandong Ranhang Biotechnology Ltd, were indicted by an Ohio district court grand jury yesterday and charged with money laundering, international criminal financing, and terrorist financing. The firms allegedly presented themselves as legitimate pharmaceutical companies while marketing and selling various chemical products that are required in the production of fentanyl. It’s alleged that drug traffickers accepted crypto as payment, and would send the funds to…
S&P Global’s stock got wrecked this morning, as shares dropped 16% right after the market opened, coming off a brutal 22% hit during premarket trading. What triggered this is a weak 2026 earnings forecast that pissed off Wall Street first thing in the morning. In its earnings report, S&P Global said it now expects adjusted profit for full-year 2026 to land between $19.40 and $19.65 per share. But analysts were betting on $19.94. That miss was all it took. Traders didn’t even blink before dumping. And this is after the stock had already fallen 15% this year through Monday. Earnings…
Turkey’s crypto community launched a mass #kriptodavergiyehayır campaign ahead of a vote on a draft bill imposing a 0.03% transaction levy and up to 40% tax on foreign-platform gains. Summary Turkey’s parliament was set to vote on a draft crypto tax law on March 25 that would impose a 0.03% transaction fee on all trades and up to a 40% gains tax for those using foreign platforms. The hashtag #kriptodavergiyehayır — roughly translating to “No to crypto tax” — exploded across X on March 24, drawing 145,000 views, 3,700 likes, and 686 retweets on a single post by prominent Turkish…
The crypto market downturn has been particularly hard on leading American exchange Coinbase (COIN), which has seen its stock plunge more than 50% since bitcoin’s early October record above $126,000, including a 27% decline in 2026 alone. Attempting to catch up to that fast tumble, JPMorgan’s Ken Worthington slashed his price target on COIN to $290 from $399 ahead of the company’s fourth quarter earnings report coming after the close on Thursday. Worthington remains a bull on the stock and his reduced target still suggests 75% upside from COIN’s current price of $1655. Worthington projects adjusted EBITDA of $734 million,…
WASHINGTON, D.C., March 2025 – Salman Banaei, the head of legal at regulated real-world asset blockchain project Plume, delivered crucial testimony today before the U.S. House Financial Services Committee. His appearance at the hearing on the future of tokenized securities highlighted a growing concern: the potential migration of essential tokenization market infrastructure away from American shores due to regulatory uncertainty. This development marks a pivotal moment for U.S. financial technology leadership. Tokenization Hearing Brings Web3 Voice to Congressional Debate The House Financial Services Committee convened its hearing at 2:00 p.m. UTC today. Consequently, the session focused specifically on the regulatory…