Author: NBTC

Following a comprehensive interview process, US Treasury Secretary Scott Bessent has narrowed down his shortlist of candidates for the Fed Chair position from 11 to five. The final candidate is expected to be announced in January, but it has been reported that this candidate may not take over immediately. According to senior Treasury officials, the five finalists include current Fed officials Michelle Bowman, Vice Chair for Supervision, and Board Member Christopher Waller. The other candidates announced are National Economic Council Director Kevin Hassett, former Fed Governor Kevin Warsh, and BlackRock Chief Investment Officer Rick Rieder. The Treasury Department plans to…

Khurram Dara, a former policy lawyer at cryptocurrency exchange Coinbase, officially launched his campaign for New York State Attorney General. In a Friday notice, Dara cited his “regulatory and policy experience, particularly in the crypto and fintech space” among his reasons to try to unseat Attorney General Letitia James in 2026. The former Coinbase lawyer had been hinting since August at potential plans to run for office, claiming that James had engaged in “lawfare” against the crypto industry in New York. Source: Khurram Dara Until July, Dara was the regulatory and policy principal at Bain Capital Crypto, the digital asset…

USDC is cementing its role at the heart of regulated digital finance, with surging adoption, institutional backing, and unmatched liquidity fueling its rise as a global standard. Circle’s USDC Emerges as Cornerstone of Regulated Digital Currency Framework Growing institutional demand for regulated digital currencies continues to redefine the global financial landscape. The digital payments firm Circle (NYSE: CRCL) shared in a blog post on Oct. 9 that its U.S. dollar-backed stablecoin, USDC, forms the foundation of the GENIUS Act framework, solidifying its reputation as one of the most liquid and compliant stablecoins worldwide. Emphasizing that its regulated infrastructure and banking…

As crypto’s market structure bill slogs through the Senate, industry leaders have begun a concerted effort to advance separate tax-related priorities in Congress and within the Donald Trump administration. On Monday, a powerful industry nonprofit, the American Innovation Project, hosted a private dinner with House members to “educate” the lawmakers on issues related to crypto tax policy and underscore “the lack of clarity” around the issue, sources with direct knowledge of the gathering told Decrypt.  The dinner featured members of the tax-focused House Ways and Means Committee, including Adrian Smith (R-NE), Brendan Boyle (D-PA), Greg Murphy (R-NC), Tom Suozzi (D-NY),…

With bitcoin down more than 20% this month — marking its harshest monthly showing since 2022 — the network’s hashprice has slipped to levels miners haven’t seen in years. With a little over a week left in November, mining revenue appears headed for territory not witnessed since last year. November Turns Nasty for Bitcoin Miners Bitcoin miners are likely daydreaming about a turnaround right now, because the revenue charts are painting a picture that’s… less than flattering. The steep drop in BTC’s price has shoved hashprice into the danger zone. So, what exactly is hashprice? Think of it as the…

Crypto mining is the foundation upon which the infrastructure of decentralized finance is built—but it has a high barrier to entry, requiring specialist equipment and technical expertise. That runs counter to the whole ethos of crypto, according to DeFi project Tari—so for its own layer-1 blockchain, it’s developed a mining infrastructure that runs on any computer, and lets you start earning cryptocurrency in less than a minute using its Tari Universe software. “We actually clock at around 45 seconds,” Tari contributor Naveen Jain told Decrypt. “So within 45 seconds after running the app, you are mining with both your CPU…

According to the latest market data from rwa.xyz, tokenized U.S. Treasury funds have attracted approximately $770 million in new inflows over the past 11 days — signaling growing investor confidence in digital real-world asset (RWA) products. Investor Demand for Tokenized Treasury Funds Hits Record Levels in 2025 In 2025, tokenized treasuries have rapidly emerged as one of the most talked-about innovations in digital finance. These onchain instruments represent real-world U.S. Treasury securities issued and traded through blockchain networks, offering investors faster settlement, transparent ownership, and programmable yield access. By bridging traditional finance (TradFi) with decentralized finance (DeFi), tokenized treasuries are…

Europe’s regulated stablecoin ecosystem is expanding under MiCA, with new issuers and compliant digital money gaining traction across the region. How are licensed stablecoin issuers expanding across Europe? What does MiCA mean for euro and dollar stablecoin issuers? Why are asset referenced tokens still missing under MiCA? How mature is the MiCA stablecoin landscape today? How are licensed stablecoin issuers expanding across Europe? The core of the EU’s MiCA framework is clear: it sets strict rules for stablecoins in Europe, legally defined as electronic money tokens, or EMTs. These are digital coins backed 1:1 by a single fiat currency, such…

The Reserve Bank of India will begin a pilot on tokenized certificates of deposit on Wednesday, according to information shared by the central bank at an event in Mumbai on Tuesday. The plan is to use the wholesale segment of its central bank digital currency (CBDC) to issue and settle these instruments. Chief General Manager Suvendu Pati confirmed that the RBI is working with “a few banks” on the project and explained that the goal is to explore how blockchain-based crypto tokens can streamline traditional money market operations. Pati said, “From a regulatory standpoint for tokenisation of an underlying asset,…

A Hong Kong national has pleaded guilty to an elaborate attack involving breaking and entering, unlawful confinement, and sexual assault in an attempt to steal digital assets. As a result of the plea, the suspect, who was part of the gang that carried out the act, has been sentenced to seven years in prison. According to reports, the gang robbed a B.C. cryptocurrency investor who is known for his boasts online, taking $2 million in BTC from him after subjecting his family to different kinds of attacks. These attacks included waterboarding, sexual assault, and death threats. The gang came in…