Author: NBTC

Key Takeaways David Sacks defended the Trump administration’s executive order on artificial intelligence. The order outlines federal policy for AI oversight and development in the US. Trump’s AI and crypto czar David Sacks defended the administration’s executive order on artificial intelligence, saying the US risks losing its lead over China unless it adopts a unified national regulatory framework. Speaking on Fox Business’ “Mornings with Maria” this morning, he said the US is ahead in the AI race, but China remains highly competitive, and American innovators could fall behind if forced to comply with a patchwork of conflicting AI rules emerging…

Cryptocurrency exchange Luno and discovery bank have formally partnered to enable the South African consumer to purchase and sell crypto more conveniently. The collaboration, declared in the official communication channels of Luno, is a milestone point of the financial ecosystem in the region as the traditional banking is united with digital assets. Discovery Bank and Luno have partnered to make buying and selling crypto even more accessible. Through this integration, customers are now able to buy, hold, and sell crypto directly through the @Discovery_SA Bank app, powered by @LunoGlobal’s secure and compliant platform.… pic.twitter.com/02R8J1NIeP — Luno (@LunoGlobal) December 8, 2025…

Currency traders are spending more money than usual to shield themselves from sudden moves in the British pound as the UK prepares for its Autumn Budget on November 26. The cost of short-term insurance against these swings has jumped to heights not seen in months. Options contracts covering one week now show traders expect more turbulence ahead. The euro-pound pairing saw the biggest jump, with one-week volatility measures hitting a six-month peak. Protection costs for pound-Swiss franc trades climbed near a four-month high, while pound-dollar hedging reached levels last recorded in early September. The gap between expected volatility and actual…

U.S. federal courts have imposed about 83 years of prison terms on crypto company leaders since early 2024. That total grew yesterday with Terraform Labs co-founder Do Kwon’s 15-year sentence tied to the TerraUSD and Luna collapse. Kwon was sentenced in December 2025 after pleading guilty to two fraud charges. According to AP News, the judge went beyond prosecutors’ request. Terra’s failure erased more than $40 billion in market value. Prosecutors cited that figure to describe the scope of losses linked to the 2022 unwind. The total provides a numeric snapshot of how U.S. cases against crypto leadership have moved…

HTX Group’s Australian affiliate HBGL has begun operations in Australia with a soft launch that introduces fiat–stablecoin trading pairs, the company announced Monday. The rollout, which initially supports USDT and USDC to fiat conversions, is being positioned as a measured entry into the local market designed to validate infrastructure, deepen liquidity and serve retail, institutional and professional clients ahead of a full commercial launch. HBGL said it is registered with AUSTRAC as a Digital Currency Exchange (DCE) and will operate under a comprehensive AML/CTF compliance framework, including strict KYC procedures, ongoing transaction monitoring and layered risk controls. The company described…

Bitwise CIO Matt Hougan says a “ETF Palooza” is coming as the U.S. reopens and legislation moves forward. Index-based crypto ETPs are set to dominate as new investors prefer broad market exposure over single assets. Bitwise and Fundstrat expect strong ETF inflows. A major shift may be coming to the crypto investment world and Bitwise CIO Matt Hougan believes it’s about to hit fast. With the U.S. government now reopened and key legislation moving again, Hougan says the industry should brace for what he calls an “ETF Palooza in Cryptoland.” And this prediction lands at a tense moment, with Bitcoin…

Bitwise CIO Matt Hougan says a “ETF Palooza” is coming as the U.S. reopens and legislation moves forward. Index-based crypto ETPs are set to dominate as new investors prefer broad market exposure over single assets. Bitwise and Fundstrat expect strong ETF inflows. A major shift may be coming to the crypto investment world and Bitwise CIO Matt Hougan believes it’s about to hit fast. With the U.S. government now reopened and key legislation moving again, Hougan says the industry should brace for what he calls an “ETF Palooza in Cryptoland.” And this prediction lands at a tense moment, with Bitcoin…

Russian regulators are launching a “rehabilitation mechanism” for cryptocurrency traders mistakenly taken for ordinary criminals due to the nature of their transactions. Authorities in Moscow have been trying to curb widespread fraud with new measures that have been affecting crypto users as well. The system admittedly needs fine-tuning. Russia moves to unblock bank accounts used for crypto exchange Working closely with the Ministry of Internal Affairs (MVD), the Central Bank of Russia (CBR) has started implementing procedures to unfreeze the assets of people dealing with cryptocurrencies. Regular bank customers have been complaining that their accounts are being blocked based on…

Cryptocurrency exchange OKX TR announced that the HumidiFi project’s native token, WET, will be listed on the spot trading market. OKX TR Announces Listing of WET (HumidiFi) Token on Spot Trading Market The exchange shared the calendar for the listing process with users and announced that deposits, transactions and withdrawals will be activated gradually. According to OKX TR’s statement, WET deposits will open at 10:30 a.m. on December 9, 2025. Following this, a call auction for WET, or a pre-processing period to determine the opening price, will be held between 5:00 p.m. and 6:00 p.m. on the same day. Following…

The Securities and Exchange Commission has granted formal approval for NYSE Arca to list and trade the Bitwise 10 Crypto Index ETF. The approval, issued on November 18, 2025, concludes a multistep review process that included multiple comment periods, procedural extensions, and a final amendment submitted by the exchange in July. SEC confirms compliance after De Novo review The Commission’s order sets aside the earlier decision issued on July 22, 2025, and completes a de novo evaluation of NYSE Arca’s filing under Section 19(b)(1) of the Securities Exchange Act of 1934. The SEC has officially approved NYSE Arca to list…