Author: NBTC

ASUNCIÓN, Paraguay – February 2025: Paraguay’s National Directorate of Tax Revenue (DNIT) has implemented sweeping cryptocurrency regulation measures that fundamentally transform how digital assets operate within the nation’s financial ecosystem. This decisive action establishes comprehensive reporting requirements for all cryptocurrency platforms operating in Paraguay, marking a significant evolution in the country’s approach to digital finance oversight. Paraguay Crypto Regulation Framework Details The DNIT resolution, published in late January 2025, creates mandatory reporting obligations for cryptocurrency exchanges and trading platforms. These entities must now submit detailed transaction information for all user activities occurring on their systems. The regulation specifically requires platforms…

Crypto trading surged on Japan’s Bitflyer on Monday as the Nikkei slid, with the Tokyo-based exchange posting a larger jump in volume than global platforms such as Binance and Coinbase during a sharp selloff in Asian equities. According to CoinGecko data, Bitflyer’s 24 hour trading volume is up 200% compared to 112% on Coinbase, and 75% on Binance. Activity on Korean exchanges was more muted, with Upbit volumes rising 27.1% and Bithumb up 49.0%. The surge in Japanese crypto trading coincided with a sharp selloff in regional equities, as Japan’s Nikkei slid alongside declines in Korea and Taiwan amid an…

Eskom, South Africa’s state-owned power utility, is reversing its previous stance by targeting high-intensity energy consumers, specifically bitcoin mining companies. Nyati announced plans to sell excess electricity generated during the day due to increased solar power usage. The Solar Paradox In a shift that seemed impossible only two years ago, South African state-owned power utility company, Eskom, is reportedly pursuing the exact demographic it once had to avoid: power-hungry, high-intensity energy consumers. Speaking at a recent conference, Eskom Chairman Mteto Nyati reportedly revealed that the state-owned utility is planning to sell excess daytime electricity to bitcoin mining companies. The strategy…

The open-source payment protocol x402 has been integrated with Etherlink, an EVM-compatible interface for the Tezos ecosystem. The solution was originally developed by Coinbase, a US-based cryptocurrency exchange and blockchain infrastructure company. The Etherlink implementation, called Tez402, was led by TZ APAC, an Asia-Pacific organization supporting Tezos ecosystem growth. The integration allows developers to turn any Etherlink API into a paid endpoint that charges for each request. Payments are made on-chain using stablecoins, without subscriptions, invoices, or third-party payment processors. The x402 protocol is designed for fast, low-cost payments for digital services. It is aimed at situations where traditional payment…

The Ethereum faces a risk of 12% drop as sellers continued to defend $2,142 resistance. A breakout from the narrow range between $2,142 and $1,800 could determine the next dynamic move in $ETH. Ethereum’s New address creation averaged 284,800, signaling strong network expansion. On March 5th, the Ethereum price plunged 1.5% to reach its current trading value of $2,096. The downtick follows the footsteps of Bitcoin as the recovery momentum takes a short breather after the early week recovery. While $ETH’s price action does not offer a clear conviction of sustainable recovery, its network activity shows strong underlying growth in…

It has been claimed that US President Donald Trump and officials from the Board of Peace are considering the option of creating a dollar-pegged stablecoin for the region as part of plans to restructure the Gaza economy. According to five sources familiar with the matter, a cryptocurrency-based solution is being considered to expand digital payments in Gaza, where the economic infrastructure has largely collapsed following the Israel-Hamas war. The stablecoin plan is reportedly still in its early stages, with many details regarding its implementation unclear. However, discussions suggest that a cryptocurrency pegged to a mainstream currency like the US dollar…

From prison, SBF is calling Gensler’s tenure the single biggest threat crypto faced under Biden. The allegation involves a covert DC campaign to strip the CFTC of power and licenses that were demanded but never actually existed. SBF is crediting Trump for ending what he couldn’t fight from the outside. Sam Bankman-Fried is serving 25 years in a California federal prison, his retrial request was pushed back on, and yet the FTX founder remains one of the louder voices shaping crypto’s regulatory conversation – this time taking direct aim at Gary Gensler. In a post on X, Bankman-Fried didn’t just…

South Korea-based cryptocurrency exchange Bithumb could face serious sanctions from financial authorities. According to information reported by local broadcaster Korean Broadcasting System (KBS), the stock exchange is expected to receive a partial suspension of operations for up to six months and a hefty fine for violating its anti-money laundering obligations. Disciplinary action against the company’s senior management is also reportedly under consideration. According to the report, financial regulators cited shortcomings in customer identity verification processes as the primary reason for the penalty. The investigation focused on the insufficient implementation of Know Your Customer (KYC) procedures, which mandate cryptocurrency exchanges to…

CoinFello, an AI agent that interacts directly with smart contracts, has introduced its open-source OpenClaw skill in partnership with MetaMask, allowing AI agents to securely execute onchain transactions through delegated smart wallet permissions, according to an announcement shared with Finbold on March 11. The integration enables Moltbots, personal AI agents running on the OpenClaw framework, to carry out blockchain actions while users retain control of their private keys. The system uses ERC-4337 smart accounts and ERC-7710 delegations through the MetaMask Smart Accounts Kit to allow agents such as CoinFello to perform narrowly defined tasks on behalf of users. Delegated permissions…

Ethereum price started a fresh increase and tested $2,200. $ETH is now correcting gains and might decline further if it trades below $2,030. Ethereum started a downside correction below the $2,120 zone. The price is trading above $2,065 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,030 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,135 zone. Ethereum Price Starts Downside Correction Ethereum price started a fresh increase above the $2,065 resistance, like Bitcoin. $ETH price rallied…