Author: NBTC
Federal Housing Finance Agency Director Bill Pulte has instructed Fannie Mae and Freddie Mac to draft proposals allowing cryptocurrency holdings to count as mortgage reserves without requiring conversion into U.S. dollars. The directive marks a major departure from current rules, where borrowers must liquidate crypto assets before they can be considered in loan approvals. Crypto Enters U.S. Housing Finance Given that Fannie Mae and Freddie Mac guarantee more than half of all U.S. mortgages, the move could reshape underwriting standards across a significant portion of the housing market. Under the proposal, reported by the WSJ, only crypto held on U.S.-regulated…
New developments are emerging regarding stablecoin regulations, which are closely followed in the cryptocurrency sector. It is reported that the agreement reached between industry stakeholders and the Senate Banking Committee, led by Thom Tillis, regarding stablecoin yield and reward mechanisms is no longer expected to be publicly released this week. A statement from Tillis’s office said that, contrary to the schedule given last week, the release of the text has been postponed. A source close to the matter stated that the delay stems from concerns that releasing the draft text before committee discussions (markup) could create fertile ground for opposition…
Neo co-founder Da Hongfei has published the results of an independent Agreed-Upon Procedures review verifying Neo Global Development’s digital asset holdings. The review, conducted by a Hong Kong-based CPA firm whose identity was not publicly disclosed, confirmed the quantities of seven digital assets held in an NGD Binance account as of March 30. The publication marks the first completed deliverable from the independent financial review process that NGD announced on March 20. It follows Da’s commitment during a March 4 AMA to secure at least one audit firm by the end of March, a pledge made amid ongoing community scrutiny…
Cross-border payment infrastructure provider Tazapay said it closed an extension to its Series B funding round led by Circle Ventures, bringing the total raised to $36 million. The round included participation from Coinbase Ventures CMT Digital, Peak XV Partners and Ripple. Tazapay said Thursday that the funding will be used to advance its digital settlement technology for cross-border payments, secure additional licenses, expand across Asia, Latin America, the Middle East and the Americas, and build infrastructure for agentic payments. Tazapaa said it serves over 1,000 enterprises and fintechs across 30 countries. It holds licences across Singapore, Canada, Australia, and the…
The long delay around the CLARITY Act is finally easing. On March 20, Senators Thom Tillis and Angela Alsobrooks said a deal has been reached with White House support on stablecoin rules. The agreement bans earning passive yield on dollar-backed stablecoins but still allows rewards tied to actual use, like payments and transfers. With that sorted, the Senate Banking Committee is now aiming to move forward by late April. Here are five reasons that could help drive $XRP’s next phase of growth and shape global finance: $XRP’s Legal Status Could Be Locked In One of the biggest impacts is $XRP’s…
Polymarket’s daily fee revenue crossed $1 million on April 1, just two days after the platform expanded taker fees to nearly all market categories. The surge, up from $696,000 on March 31, followed the March 30 rollout of variable taker fees across politics, finance, economics, culture, weather, and tech markets. From Growth Play to Revenue Machine Polymarket previously charged fees only on crypto and sports contracts. The updated structure applies a dynamic, probability-based model in which fees peak at 50% probability of the outcome and drop near the extremes. Crypto markets carry the steepest rate at 1.80%, while sports remain…
Gordon Johnson of the Wall Street analyst firm GJL Research had few words of comfort for his followers and even fewer of praise for the Federal Reserve once the February import prices data came out on March 25. Specifically, figures showed that import prices in the second month of 2026 rose by 1.3% and export prices by 1.5%, while the expected change for both was at 0.6%. Johnson took particular note of the fact that the increase covers the period before the start of the Iran war, implying dread about how the March numbers might look given the oil prices.…
Michael Selig, US President Donald Trump’s nominee leading the Commodity Futures Trading Commission (CFTC), said the agency was prepared to oversee the entire $3 trillion crypto industry, with no timeline for Congress to pass a crucial market structure bill. In a Wednesday statement about his first 100 days as CFTC chair, Selig said that the commission was “ready to take responsibility” for the crypto market and reiterated his claim that it was the sole regulator to oversee prediction markets. His comments come as the US Senate considers the CLARITY Act, a crypto market-structure bill that has been effectively stalled in…
In May 2025, Hyperliquid posted a stark reality check. Binance was doing $176.3 billion in daily volume. Hyperliquid had just hit an all-time high of $22 billion. The math was simple and humbling – it would need to grow eight times over to be in the same conversation. That was less than a year ago. From 8x Behind to Binance-Comparable Volume According to Hyperliquid Hub, HyperCore now processes between 2 and 4 billion orders every single day – more than 7,500 transactions per second and 119,330 orders per second. Open interest has crossed $8 billion. There are 245,259 active traders…
Analysis of ark invest trades shows ARK shifting toward healthcare AI as Tempus AI becomes a top holding amid trims of Meta and Roku. In a fresh round of ARK Invest trades, Cathie Wood rebalanced several flagship ETFs by cutting exposure to big tech and adding to a high-conviction healthcare AI name. ARK cuts Meta position after trial and layoffs Cathie Wood‘s ARK Invest trimmed its Meta position on Wednesday, March 25, redirecting capital toward healthcare-focused artificial intelligence. However, the move came as Meta faced both legal and operational headwinds in the United States. Across three funds, ARK sold 3,578…