Author: NBTC

AllUnity, a joint venture between DWS, Galaxy, and Flow Traders, has expanded its stablecoin lineup with a new token pegged to the Swiss franc, which has emerged as a haven darling for major banks and analysts. The BaFin-regulated e-money institute has unveiled CHFAU, which is backed 1:1 by Swiss franc reserves, in response to institutional demand for regulated digital CHF for payments, settlements, and treasury operations. It debuts on the Ethereum blockchain as an ERC-20 token, with plans to expand to other networks later this year. “In response to strong demand for a compliant digital Swiss Franc, we progressed from…

ST. PAUL, Minnesota — February 2025 — Minnesota legislators have initiated a groundbreaking move to completely ban cryptocurrency kiosks across the state following a devastating surge in elder fraud cases totaling $540,000 in losses. This regulatory action represents one of the most aggressive state-level responses to cryptocurrency-related financial crimes in United States history, directly impacting how digital assets interface with vulnerable populations. Cryptocurrency Kiosks Become Fraud Conduits in Minnesota The Minnesota Department of Commerce has documented 70 confirmed cases of cryptocurrency kiosk fraud targeting senior citizens since 2023. Consequently, these financial crimes have prompted urgent legislative action. According to investigative…

The broad crypto market has seen a sudden flip in investor sentiment as the prices of leading cryptocurrencies, including $XRP, have seen notable daily increases. Amid the rising bullish momentum, $XRP’s exchange activities have taken a contrary twist, showing signs of increased sell pressure despite an ongoing price surge. On Thursday, Feb. 26, crypto analytics platform Cryptoquant provided on-chain data from the $XRP Ledger, revealing a 10.58% increase in the $XRP exchange reserve over the last 24 hours. Exchange reserve soars past 2.77 billion $XRP The data further revealed that the total $XRP held on exchanges like Binance and others…

Western Union, a global giant in consumer cross-border payments, and Crossmint, a blockchain infrastructure provider supporting tokenized assets and digital commerce, have teamed up to support the rollout of the U.S. Dollar Payment Token (USDPT), according to a recent blog post. Introduced last October, USDPT is Western Union’s first dollar-pegged stablecoin built on Solana. The token is expected to debut in the first half of 2026 and is aimed at streamlining international money transfers. It will be issued by Anchorage Digital Bank and tradable on partner exchanges. The firm also plans to launch a Digital Asset Network that connects stablecoins…

The $XRP Ledger (XRPL) is aiming to establish itself as a heavyweight in decentralized finance (DeFi) with the XLS-66 proposal. The aforementioned proposal is supposed to bring native lending and borrowing capabilities directly to the ledger. If approved and activated, the amendment will allow users to generate returns on idle capital. This native lending protocol represents “the final DeFi frontier” for the network, according to XRPL validator and active community member Vet. The XLS-66 lending protocol, explained Introduced in XRPL version 3.1.0, the XLS-66d specification (officially titled “Lending Protocol”) was co-authored by Ripple developers Vytautas Vito Tumas and Aanchal Malhotra.…

Vitalik Buterin has articulated a refined vision for how the Ethereum Foundation (EF) will approach the sector moving forward. Financial empowerment is central to Ethereum’s value proposition, but the foundation will not support the industry indiscriminately, Buterin says. Instead, it will back protocols that align with specific principles of decentralization, privacy, and security. Beyond “better stablecoins” Buterin challenged developers to the innovative spirit that defined the early DeFi era. “Ethereum’s early defi era was great because it dared to dream and innovate and come up with totally new paradigms (eg. AMMs),” Buterin wrote. “Defi tomorrow will bring back that spirit.…

Earnings season is wrapping up with a mixed bag of results across crypto miners, AI infrastructure plays and fintech names, including MARA Holdings (MARA), TerraWulf (WULF), CoreWeave (CRWV) and Block (XYZ). Bitcoin BTC$67,963.04 has remained relatively flat around $67,000 during Asia and European hours, with limited movement spilling over into other crypto related equities. MARA Holdings jumped 16% to $9.80 after striking a deal with Starwood Capital to convert select bitcoin mining facilities into AI focused data centers. The partners expect to deliver about 1 gigawatt of capacity in the near term, with plans to scale beyond 2.5 gigawatts. The…

The nation’s top bank regulator refused Thursday to delay or deny a bank charter application from a President Trump-affiliated crypto company, even as an outspoken senator told him approving it would make him “an accomplice in his corruption.” At a Senate Banking Committee hearing on prudential regulators, Ranking Member Elizabeth Warren (D-Mass) pressed Jonathan Gould, Comptroller of the Currency, to either reject or pause review of World Liberty Financial’s pending national trust bank charter. Warren cited the UAE’s $500 million stake in the firm, Trump’s unresolved financial conflicts, and Gould’s own conflict of interest as a presidential appointee serving the…

Retail traders may soon find it easier to trade on real-world outcomes, from elections to inflation data, next to stocks and ETFs. DriveWealth and Kalshi have announced plans to integrate prediction markets into the same investment experience that already hosts traditional assets. The partnership will allow DriveWealth’s global network of partners to embed Kalshi’s event contracts directly within their trading platforms. This means investors could soon speculate on or hedge against macroeconomic events without leaving their existing brokerage accounts. DriveWealth expects the integration to merge Kalshi’s event-driven products with its API-first infrastructure, creating a single, compliant ecosystem for a new…

In a recent podcast chat, Animoca Brands leader Yat Siu shares big ideas on . He says these smart tools will change how we use web3 tech. They will make blockchain easy for everyone. No more hard steps. Just simple fun and use. What Are and Why Do They Matter? are like smart helpers. They do tasks for you. They learn and build new skills. Yat Siu uses nine of them every day. One plans family trips across time zones. It handles kids’ school, homework reminders, and more. Another manages investors. It tracks lists, reminders, and contacts. The best part?…