Author: NBTC
BlackRock Chairman and CEO Larry Fink used his annual letter to shareholders to argue that digital assets and tokenization could help update the financial system, even as he warned that the U.S. economic model is leaving too many people behind. In the letter, Fink said the current system has delivered most of its gains to people who already own assets, while many workers have been shut out of market growth. He tied that imbalance to a wider problem in the U.S., where rising inequality, high government debt and weak participation in capital markets are putting pressure on the old model…
Germany has taken a bold step that could reshape global crypto investing strategies. The country confirmed that investors will pay zero tax on Bitcoin gains after holding for more than one year. This move instantly makes Germany one of the most attractive jurisdictions for long term crypto investors. The Germany Bitcoin tax rule stands out because it rewards patience instead of frequent trading. Investors who hold their Bitcoin for over a year can keep their entire profit without paying capital gains tax. This policy sharply contrasts with many countries that tax crypto gains heavily regardless of holding duration. This development…
Binance, the world’s largest cryptocurrency exchange, announced its proof-of-reserve system to restore waning trust in Bitcoin exchanges following the sudden bankruptcy of FTX. Binance, which publishes reserve reports at regular intervals, has released its 41st reserve report (snapshot date April 1). According to Binance’s official website, the reserve ratio (the ratio of Binance’s holdings to user assets) for major cryptocurrencies is excessively collateralized. Apart from Bitcoin ($BTC), the report includes $USDT, Ethereum ($ETH), $BNB, Solana (SOL), FDUSD, ENJ, 1INCH, CRV, MASK, HFT, BUSD, AAVE, ASTER, BCH, BOME, Ethena (ENA), FORM, Hedera (HBAR), NEAR, $PAXG, PENDLE, Pepecoin (PEPE), RLUSD, S, SUI,…
Last week, the Fed announced its March interest rate decision. As expected, the Fed kept interest rates unchanged, while Fed Chairman Jerome Powell signaled that they would be cautious about rate cuts as long as inflationary pressures persist. Powell, indicating the possibility of a two-pronged approach regarding interest rates, stated that the issue of raising interest rates was also discussed at the last meeting. At this point, Chicago Fed President Austan Goolsbee said that future decisions would depend on the course of the war in the Middle East. Speaking to CNBC, Goolsbee raised the possibility of an interest rate hike.…
South Korea has ordered all crypto exchanges to reconcile their internal ledgers with actual asset holdings every five minutes after an inspection uncovered weaknesses in internal controls. The directive was announced on Monday by the Financial Services Commission (FSC) after a meeting with top crypto exchanges and the Digital Asset Exchange Alliance (DAXA), during which they discussed the findings of an emergency inspection triggered by the Bithumb payout incident. The inspection found that three of the country’s five major exchanges were reconciling balances only once every 24 hours, limiting their ability to respond quickly to discrepancies. Systems designed to halt…
US President Donald Trump made noteworthy remarks regarding Iran during a Memphis Safe Task Force roundtable meeting. Speaking at the live-streamed meeting, Trump once again confirmed that preliminary talks had taken place between the US and Iran in recent days. As he had said before, Trump stated that potential attacks on energy infrastructure were temporarily postponed. Trump, arguing that Iran is “serious” in the current process, stated that the Tehran administration is willing to reach an agreement. “This time Iran is serious,” Trump said, adding that both sides are seeking a compromise. However, the Iranian side maintained that no talks…
As a critical process regarding monetary policy and central bank governance begins in the US, the US Senate Banking Committee is expected to hold a hearing on April 16 to consider Kevin Warsh’s nomination to become Fed chairman. A source familiar with the matter told CNBC that the nomination process is proceeding as planned. However, this process is unfolding under the shadow of a separate investigation into current Fed Chairman Jerome Powell. The investigation examines whether Powell misrepresented information to Congress regarding a costly renovation project at the Fed buildings. These parallel developments have fueled speculation that the Donald Trump…
HeyElsa has integrated Hyperliquid into its AI trading agent. Spot and perpetual futures now sit inside a single unified flow, accessed through plain language. Tell Elsa what you want to trade and it handles the rest. Hyperliquid is a decentralized Layer 1 blockchain with fully onchain order books, supporting over 100 perps and spot assets with the performance characteristics that active traders need. Trade faster. Execute smarter.Spot + perps in one unified flow, powered by @HyperliquidX inside HeyElsa. Real-time execution. Fast settlements. Low, predictable fees. pic.twitter.com/87bUkV0uol — HeyElsa (@HeyElsaAI) April 6, 2026 HeyElsa’s integration means users can now access that…
Deloitte Canada and Stablecorp are collaborating to develop stablecoin infrastructure for Canadian financial institutions, as federal regulators move closer to establishing rules for fiat-backed digital assets. In a Monday announcement, the professional services firm said it plans to integrate Stablecorp’s Canadian dollar-pegged stablecoin, QCAD, into payment and settlement workflows for institutional clients. Stablecorp is a Toronto-based fintech company and the issuer of QCAD, a fiat-backed stablecoin designed to maintain a one-to-one value with the Canadian dollar. Soumak Chatterjee, a partner in Deloitte Canada’s financial services division, said the initiative is aimed at helping banks and other institutions prepare for the…
Regulatory tensions rise as Coinbase’s banking ambitions draw sharp opposition, highlighting risks tied to oversight gaps and institutional integration within U.S. financial systems. Key Takeaways: U.S. banking group criticized OCC’s conditional approval of Coinbase, warning the move could expose U.S. consumers to risk. Coinbase Global’s trust plan targets institutional custody, deepening crypto ties to banking. ICBA urged rule changes, signaling tougher oversight ahead as nonbanks seek similar charters. ICBA Challenges OCC’s Conditional Approval of Coinbase Trust Charter The Independent Community Bankers of America (ICBA), a U.S. banking trade group, has opposed regulatory action regarding Coinbase’s charter approval. The organization criticized…