Author: NBTC

South Korea’s Supreme Court has proposed new civil enforcement rules for digital assets that set out how cryptocurrencies can be seized, transferred and converted into cash during debt collection proceedings, with the measures scheduled to take effect on Oct. 1 after public consultation. According to local media, the Supreme Court on July 2 published draft amendments to the Rules on Civil Execution to introduce formal procedures for enforcing claims against digital assets. Public comments will be accepted until Aug. 11 before the rules are finalized. Draft rules define seizure and liquidation process The proposal comes as cryptocurrency ownership and trading…

Why Binance Is Combining Growth and Regulation in One Role Binance Africa shared on X on July 6 that it opened a General Manager position for West Africa. The remote, full-time role sits within the company’s Africa business development team. The hire will develop a growth strategy aligned with Binance’s global objectives and local market conditions. Responsibilities include pursuing new business opportunities, leading market entry strategies, and managing cross-functional teams. Regulatory coordination is central to the role. Binance says the General Manager will work with legal teams on local compliance and coordinate documentation and approval processes with regulatory bodies. Why…

Bitcoin remains in deep value territory after trading below two major on-chain cost-basis levels for about five months, according to Glassnode. The firm said $BTC is still below the True Market Mean near $76,600 and the short-term holder cost basis near $72,200. These levels matter because they track the average price paid by active investors and recent buyers. When Bitcoin trades below both, many market participants hold coins at a loss. Glassnode said this phase can support long-term accumulation, but it has not yet confirmed a market bottom. Bitcoin recently bounced from about $58,300 to $64,400. The move showed short-term…

Vitalik’s Single Slot Finality Proposal Puts Ethereum Settlement Speed Back Under The Microscope is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Ethereum’s rollup roadmap gets most of the scaling attention, but finality at the base layer remains one of the network’s most important user-experience questions. The reason it deserves attention today is not that one announcement or filing magically changes the whole market. It is that the update adds another data point to a sector still trying to work out where capital, users,…

Tether is investing $20 million in Mercado Bitcoin as part of a strategic financing round, the company announced Tuesday. The move strengthens its commitment to expanding blockchain-based financial infrastructure in Latin America. Mercado Bitcoin, one of the region’s largest regulated digital asset platforms, serves 4.5 million customers and has issued more than R$2 billion in tokenized assets. Tether CEO Paolo Ardoino said the investment reflects confidence in the company’s regulated digital financial platform and its leadership in tokenization and blockchain-based financial services across Latin America. “Tether’s mission is to build open, accessible, and efficient financial infrastructure for the world. Mercado…

A cryptocurrency trader has turned an $838 investment into more than $1 million in just 20 days after backing the rapidly surging Cash Cat ($CASHCAT) memecoin on Robinhood Chain. The trader, identified by wallet address 0xDE4C, purchased 15.04 million $CASHCAT tokens for just $838, roughly three weeks ago. Following the token’s explosive rally, the trader sold 13.5 million $CASHCAT for approximately $917,600 while continuing to hold 1.5 million tokens valued at about $133,700, according to the latest on-chain data retrieved from Lookonchain on July 8. The combined value of realized and unrealized gains pushed the position above $1.05 million, representing…

Binance, the world’s largest cryptocurrency exchange by trading volume, has announced a temporary suspension of deposits and withdrawals for Metal (MTL) beginning at 3:00 p.m. UTC on July 8. The scheduled pause is intended to support an upcoming network upgrade and hard fork for the Metal blockchain. Details of the Scheduled Suspension According to Binance’s official announcement, the suspension will affect all MTL deposit and withdrawal services on the platform. The exchange stated that the halt is necessary to accommodate the network’s upgrade and hard fork, which typically requires coordination between node operators, exchanges, and wallet providers to ensure a…

The metric, however, no longer carries the weight that it used to, not least because supply has been low for months even as bitcoin has languished at around 50% of its peak value. The interpretation is outdated, some industry observers say, because it does not account for the rise in institutional custody. The financialization of bitcoin through alternative investment vehicles has changed the market in ways that make the indicator unreliable. “People always used to look at low exchange supply as a clear bullish sign,” said Eneko Knorr, CEO of Stabolut, a multicurrency, yield-bearing stablecoin platform. “We’ve had this super-low…

Tom Lee has reaffirmed that Ethereum will play the central role as traditional finance and cryptocurrency converge into a single market. According to a post published by Bitmine chairman Tom Lee on X, he believes the line separating traditional financial markets and digital assets will eventually disappear, with Ethereum positioned at the center of that transition. Yes @carriepresley thx for the memories 🥹And yes, tradfi and crypto “will all be the same market”$ETH https://t.co/HsFWZm7qIW — Thomas (Tom) Lee (not drummer) FundstratDirect.com (@fundstrat) July 10, 2026 Lee shared the view while responding to a post from Fundstrat Capital head of distribution…

Tokenized equities posted record trading activity in June as investors piled into blockchain-based versions of SpaceX (SPCX) stock following the aerospace company’s blockbuster initial public offering. On-chain trading volume climbed 145% from May to $3.86 billion, according to CoinDesk Data’s latest Stablecoins & Tokenized Assets report. Tokenized SpaceX shares accounted for $1.19 billion of the total, or about 31% of all tokenized equity trading during the month. The surge followed SpaceX’s $75 billion IPO, the largest on record, which valued the company at roughly $1.8 trillion on a fully diluted basis. Backpack Securities’ SPCX token was the most popular tokenized…