Author: NBTC

TL;DR Brazil’s federal tax authority reported R$242 million in declared $XRP transactions during September, covering 308,411 entries. The figures come from mandatory reporting rules for exchanges, foreign platforms, and peer-to-peer transfers above R$30,000. Because this data comes directly from official filings rather than estimates, it provides one of the clearest government-backed snapshots of $XRP activity in a major Latin American economy. Brazil may have delivered one of the clearest adoption signals yet for $XRP. Official data tied to tax filings shows hundreds of thousands of transactions in a single month, giving the market something more concrete than exchange dashboards or…

Barclays, the British multinational banking giant, is exploring building a blockchain platform for payments and deposits, Bloomberg reported Friday, citing people with knowledge of the exploration. The bank is evaluating technology providers and aims to select partners as early as April. The initiative could encompass both stablecoin integration and tokenized deposit capabilities. Barclays has shifted from a cautious approach to active infrastructure investment to keep pace with industry peers like JPMorgan and HSBC, which have deployed distributed ledger technology in financial services. In October 2025, the London-based lender joined a bank-led consortium to explore a reserve-backed digital currency on public…

Ethereum co-founder Vitalik Buterin has published a new blog post on X outlining his latest vision for scaling the blockchain, arguing the network can boost capacity in the near term while laying the groundwork for a longer-term shift to advanced cryptography and>in which much of the ecosystem’s scaling strategy centered on layer-2 rollups. The plan comes on the heels of the Ethereum Foundation publishing a ‘strawmap’ aimed at making the network more efficient in the long term. In the short term, Buterin says Ethereum can safely increase throughput by making blocks easier and faster to check. Upcoming upgrades will allow…

Northern Trust Asset Management has launched a tokenized share class of its NIF Treasury Instruments Portfolio, marking its entry into the digital assets market, according to the company. The structure uses distributed ledger technology to maintain a digital mirror of share ownership, while the underlying portfolio continues to invest in short-term US Treasurys. According to Monday’s announcement, the shares will initially be offered through BNY’s LiquidityDirect platform, which operates on Goldman Sachs’ Digital Asset Platform. The fund itself does not use blockchain technology or invest in crypto assets. Instead, authorized intermediaries are expected to maintain a blockchain-based mirror of ownership…

As discussions continue in the cryptocurrency sector regarding the future of the regulatory framework in the US, former Ripple CTO David Schwartz responded to comments made by Cardano founder Charles Hoskinson about the CLARITY Act. Schwartz stated that a constructive discussion was needed, arguing that even flawed regulation could be better than a completely unregulated environment. Hoskinson had previously stated that he was abandoning the CLARITY Act. This bill was expected to pave the way for crypto innovation in the US and provide a clearer regulatory framework for the sector. However, criticisms had been raised that the bill, in its…

Binance is looking to deepen its presence in the Asia-Pacific region. SB Seker, the company’s regional head, told Nikkei Asia that they plan to obtain five additional licenses in Asia this year, which would bring its global regulatory footprint to more than 20 jurisdictions. The largest crypto exchange by trading volume currently holds approvals in Australia, India, Indonesia, Japan, New Zealand, and Thailand across the Asia-Pacific region. South Korea is expected to join that list once the firm completes its acquisition of local exchange Gopax. Seker, who joined the firm last September after previous roles at Crypto.com, Ant Group, and…

The Ethereum Foundation today unveiled Project Odin, a 12-month initiative designed to help public goods teams achieve lasting financial stability. The program targets infrastructure builders working on open-source tools, node software, and security protocols that underpin the broader network but lack commercial revenue models. The Foundation for Verified Software, which maintains the Vyper programming language, will serve as the pilot participant. Vyper currently secures more than $2.3B in total value locked across roughly 8,000 deployed contracts. Project Odin unfolds in three stages: mapping available funding sources, validating potential business approaches with external input, and executing strategies to generate recurring income.…

U.S. stocks have been mixed on Monday, shaking off early morning losses tied to escalating conflict in the Middle East as investors rotated into energy and defense names while trimming exposure to travel and select tech shares. Stocks Whipsaw as Middle East Conflict Lifts Energy and Defense Shares By noon, the Dow Jones Industrial Average slipped 0.08% to 48,936.56 after falling more than 500 points earlier in the session. The S&P 500 edged up 0.06% to 6,883.21, and the Nasdaq Composite rose 0.35% to 22,746.56, rebounding from steeper session declines logged in the morning. Trading volume has been elevated today,…

U.S. President Donald Trump said bankers are trying to undermine the GENIUS Act — the signature stablecoin legislation he signed into law last year — in a Truth Social post Tuesday, and he urged passage of Congress’ crypto market structure legislation without interference. “The U.S. needs to get Market Structure done, ASAP. Americans should earn more money on their money,” he said in the post. “The Banks are hitting record profits, and we are not going to allow them to undermine our powerful Crypto Agenda that will end up going to China, and other Countries if we don’t get The…

Upbit, one of South Korea’s leading cryptocurrency exchanges, has announced it will list the $EDGE token on three different markets. According to the official announcement, $EDGE will be available for trading on the platform with Korean won (KRW), Bitcoin ($BTC), and Tether ($USDT) trading pairs. With the new listing, users will be able to buy and sell $EDGE tokens using both the local currency KRW and the most widely used cryptocurrencies globally. This is expected to increase the token’s liquidity and reach a wider investor base. Upbit’s simultaneous listing on three different markets is interpreted as strong initial support for…