Author: NBTC

The U.S. Federal Deposit Insurance Corp. formally proposed its approach to stablecoin issuers as one of the federal financial regulators required to write and oversee rules under last year’s Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The FDIC’s proposal —meant to align closely with what its sister banking agency, the Office of the Comptroller of the Currency, proposed in February — will be open for a 60-day public comment period on the lengthy list of 144 questions posed Tuesday by the agency. The FDIC’s job is to police U.S. depository institutions, and under the GENIUS Act, its…

Nasdaq-listed fintech firm OwlTing Group (OWLS) has expanded its collaboration with Visa to integrate Visa Direct into its OwlPay payment infrastructure, creating a card-to-wallet on-ramp that lets eligible U.S. debit cardholders fund $USDC transactions without needing a standalone exchange account. The capability is now live inside OwlPay Harbor, the company’s enterprise-grade on/off-ramp layer, and is also accessible to consumers through OwlPay Wallet Pro, a self-custody digital wallet. A subsequent phase will bring the on-ramp to OwlPay Cash, the firm’s consumer remittance app. Once funded, users can spend $USDC at U.S. retailers via gift cards, transfer assets to third-party platforms, or…

In a significant development for blockchain scalability, Telegram CEO Pavel Durov announced a major technical upgrade to The Open Network ($TON) blockchain, promising a transformative leap in performance that could reshape its competitive landscape. The upgrade, revealed via a post on X, delivers a tenfold increase in overall processing speed, positioning $TON as one of the fastest public blockchains currently in operation. This move represents a critical step in Telegram’s ongoing strategy to build a comprehensive Web3 ecosystem around its massive user base. $TON Blockchain Upgrade Delivers Unprecedented Speed Pavel Durov’s announcement provided specific, measurable improvements resulting from the $TON…

Manifest launches options markets with Dual Finance, enabling the creation of call and put contracts for any token listed on its platform. The platform’s TVL surged 343% in just three months, growing from $3.95 million to $17.2 million following the success of its Destiny Vaults. Manifest now captures 7% of Solana’s DEX volume, leading stablecoin swaps with a current market share of 24.09%. On Thursday, Manifest announced a key integration to expand its derivatives offering. Through this move, the firm seeks to democratize options trading on Solana, providing advanced tools for digital asset management. Options markets are live on Manifest!Create…

As the blockchain sector gradually goes worldwide, the Ethereum Network is turning up as the top contender for blockchain infrastructure across the sector. Currently, the $ETH network is the settlement layer for many stablecoins and real-world applications in the crypto space. Euro Stablecoin Plans Eye Ethereum A new chapter in blockchain adoption may be unfolding, and the Ethereum network is at the center of this transition as countries across the globe adopt the blockchain. Amid the shift, Ethereum is increasingly being considered as the settlement layer for a potential euro-denominated stablecoin. Crypto Tice, a market expert and investor, took to…

The Federal Deposit Insurance Corporation approved a notice of proposed rulemaking Tuesday, laying out reserve, redemption, capital, and risk management requirements for bank-affiliated stablecoin issuers operating under the GENIUS Act. Key Takeaways: The FDIC approved a proposed rule on April 7, 2026, implementing GENIUS Act standards for stablecoin issuers. Permitted payment stablecoin issuers must hold 1:1 reserves in eligible assets and redeem within 2 business days. The 60-day public comment period closes before the GENIUS Act’s July 18, 2026 regulatory deadline. FDIC Moves on GENIUS Act Stablecoins The proposed rule targets permitted payment stablecoin issuers, or PPSIs, which are typically…

Alchemy Pay, a popular crypto payment entity, has officially obtained the upgrade to its SFC Type 1 License for cryptocurrency services in Hong Kong. The development permits Alchemy Pay to expand digital asset payments across Hong Kong in partnership with HTF Securities Limited. As per Alchemy Pay’s official social media announcement, the move extends regulated crypto-focused services to both professional and retail investors. Hence, the move reinforces the long-term commitment of Alchemy Pay to innovation, compliance, and connecting digital assets with traditional finance. Alchemy Pay Expands Crypto Services Across Hong Kong with New SFC Type 1 License The new SFT…

Aptos integrated into Tria’s global trading engine, a neobank with 500,000 users across more than 150 countries with its own custody system. The Aptos network recorded a record TVL of $1 billion, 10 million monthly active users and 326 million transactions in a single day. BlackRock, Franklin Templeton and Microsoft operate live products on the network. $APT was classified as a digital commodity under the SEC/CFTC framework in March 2026. Tria announced the integration of Aptos into its global trading engine, a platform that brings together more than 500,000 users across more than 150 countries. From now on, those users…

In a significant development for decentralized finance, the Sui Foundation has announced a strategic investment in Splyce Finance, marking a pivotal moment for blockchain interoperability and DeFi infrastructure development. This funding round, which includes participation from major blockchain entities, signals growing institutional confidence in next-generation financial protocols. The investment demonstrates continued momentum in the Layer 1 blockchain ecosystem’s expansion into decentralized financial services. Sui Foundation Invests in DeFi Protocol Splyce Finance Splyce Finance confirmed the strategic investment from the Sui Foundation on March 15, 2025, though specific financial details remain undisclosed. The funding round represents a collaborative effort across multiple…

Ethereum, the second largest cryptocurrency by market capitalization, is down 0.8% during Tuesday’s U.S. market hours to trade at $2,090. The pullback aligns with market wide correction as conflict between U.S. and Iran erupted again creating panic among investors. Amid the market uncertainty, retailers held their hopes high as Ethereum recorded notable spikes in network activity. However, market analysts distinguish this activity rise as capacity-driven rather than demand-driven. Is Ethereum price heading for $2,000 floor? $ETH Network Growth Decouples From Price Trend On-chain data of Ethereum shows that there is a significant discrepancy between the price performance of Ethereum and…