Author: NBTC

Crypto.com ratcheted up its prolific pro-Trump spending spree in January, gifting another $5 million to a super PAC backing the president, according to new FEC filings. That makes $35 million that the crypto exchange has donated to MAGA Inc. in the last year alone. And within weeks of the latest donation, Crypto.com was the direct beneficiary of moves from multiple agencies in Donald Trump’s administration. Last week, the Trump CFTC opted to wade into a pending lawsuit between Crypto.com and the state of Nevada over sports-related prediction markets, filing a motion in support of the company. That decisive action came…

Key takeaways The stablecoin market is still in its infancy, with significant growth potential ahead. Building on stablecoins is currently costly and fragmented, but innovative platforms are emerging to address these challenges. Stablecoins have reduced friction in payment systems, enhancing their utility beyond just crypto and DeFi. The parabolic growth of stablecoins highlights their increasing utility in various financial contexts. Stablecoins have transitioned from experimental technologies to operational tools moving immense value globally. Regulatory clarity has bolstered confidence and trust in stablecoins, leading to increased adoption. As infrastructure companies abstract complexities, stablecoin adoption is expected to rise. Blockchain technology can…

Russian authorities are gearing up to soon put the digital ruble in test mode, announced the head of the executive power in Moscow. The news coincides with preparations to adopt a law, which, while legalizing cryptocurrencies, will also subject operations with them to strict control by the state. Russian government to begin testing the digital ruble The federal government in Russia will start trials with the digital ruble in real use, Prime Minister Mikhail Mishustin announced in front of lawmakers. Testing of the state-issued coin will commence in the near future and will be carried out together with the country’s…

Key Highlights The European Securities and Markets Authority issued a statement making clear that crypto perpetual futures offering leveraged exposure to Bitcoin and other assets are economically identical to CFDs Products seem like CFDs must comply with strict rules, including leverage limits ESMA warned firms against circumvention attempts, stating On February 24, Europe shared a big statement that can affect leveraged crypto trading. Consensys Senior Counsel Bill Hughes shared a detailed analysis on X, where he shared the full text of a fresh public statement from the European Securities and Markets Authority (ESMA). ESMA Fires Warning Shot at Crypto Derivatives…

Global digital asset banking group Sygnum has announced the launch of an institutional crypto asset management service targeting the $100 billion corporate crypto treasury sector. Sygnum Select, launched on Thursday, is described as a “discretionary mandate service” that applies Swiss banking’s established portfolio management model to crypto assets. The service launches with live client mandates, client assets, and $200 million in actively managed portfolios already in place, a Sygnum spokesperson told Cointelegraph. The move comes amid solid growth in corporate and public digital asset treasury companies (DATs) over the last few years, which now hold over $100 billion in crypto…

Kristin Smith, president of the Solana Policy Institute, said that US President Donald Trump has not changed his stance on cryptocurrencies and that the administration is continuing its policy work in this area. Smith gave his assessments to Scarlet Fu and Tim Stenovec on his show before Trump’s State of the Union address. Smith stated that it is clear Trump has made cryptocurrency policies a priority, noting that there are individuals in the White House working on this area almost daily. He specifically mentioned David Sacks and Patrick Witt as actively working on cryptocurrency regulations. According to Smith, the Trump…

AllUnity, a stablecoin platform backed by Deutsche Bank, has launched a new stablecoin denominated in Swiss francs (CHF). After introducing its euro-pegged EURAU stablecoin last year, AllUnity is rolling out CHFAU, a stablecoin pegged 1:1 to the franc, the company said in an announcement shared with Cointelegraph on Thursday. Initially available to institutional and professional investors, CHFAU launches on the Ethereum blockchain as an ERC-20 token, with plans to expand to additional networks later this year. CHFAU enters the market fully aligned with the EU’s Markets in Crypto-Assets Regulation (MiCA), as AllUnity secured an E-Money Institution (EMI) license from the…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Despite the wave of attention RWAs have received over the past couple of years, there’s a sense that everyone is waiting for something to shift. The problem is that many “tokenized” assets are still legal promises dressed up as tokens. Vague token rights, improvised custody and transfer controls, and servicing shortcomings make the whole thing still feel speculative. While the tokenised RWA market sits around $25B (which demonstrates serious growth), it’s still modest in comparison to global…

One of the world’s most wanted drug lords is dead. Nemesio Rubén Oseguera Cervantes, known as “El Mencho,” was killed on Sunday. His death triggered a wave of violence across several Mexican states. Beyond the security impact, attention is also turning to the cartel’s financial operations. In recent years, regulators and researchers have documented how Mexican criminal networks have incorporated cryptocurrency into their operations. Who was El Mencho? El Mencho was among Mexico’s most wanted fugitives and the leader of the Jalisco New Generation (CJNG) cartel. According to the US Department of State, the CJNG was formed in 2009. It…

Coinbase CEO Brian Armstrong warned Tuesday that the Bank of England’s proposed stablecoin caps risk costing the UK its status as a global financial hub, as the exchange simultaneously battles regulators and lawmakers in Washington over rules that could make or break its growing revenue stream. “Stablecoin rules in the UK are being finalized, and are at risk of preventing the UK from being globally competitive in the digital economy,” Armstrong wrote Tuesday on X. “The current direction of the rules does the opposite, and will act as an innovation blocker.” His post amplified a petition by Stand With Crypto…