Author: NBTC

Oman has announced efforts to boost its GDP through digital programs lined up in the country. According to the country, it plans to build a strong digital economy through its National Digital Economy Programme, which is expected to focus on three pillars. In its statement, the country has highlighted that the program will focus on aspects like digital government, business digitization, and digital society. Oman intends to raise the sector’s contribution to its GDP to 10% by the end of 2040. According to Dr Ali bin Amer al Shaithani, Under-Secretary of the Ministry of Transport, Communications and Information Technology (MoTCIT),…

The United Kingdom is taking a decisive step toward fully regulating its crypto market. This week, the Financial Conduct Authority (FCA) launched a wide-ranging consultation outlining proposed rules for crypto exchanges, staking services, lending platforms and decentralized finance. The proposals follow new secondary legislation from the UK Treasury that formally brings crypto activities into the country’s financial services framework, with a target implementation date of Oct. 25, 2027. In this week’s episode of Byte-Sized Insight, Cointelegraph explored what this consultation signals for the UK crypto market and how industry leaders are interpreting the regulator’s direction. We spoke with Perry Scott,…

Scott Bessent, the current Treasury Secretary, said Sunday that Trump’s bold $2,000 “tariff dividend” promise might not be the kind of cash handout Americans are imagining. Speaking on ABC’s This Week, Scott was pressed about Trump’s viral Truth Social post where the former president claimed that Americans, excluding high earners, will receive a $2,000 payout thanks to his tariff policy. Scott, however, threw cold water on the idea that it’s a traditional stimulus check. He said he hadn’t discussed the post with Trump, but added that the so-called dividend could take several forms and might already be baked into some…

U.S. Senator Cynthia Lummis, who has arguably been the closest friend to the crypto sector in Congress, won’t seek another term, she said in a statement on Friday. The first-term lawmaker will call it quits after her six-year term ends in January 2027, leaving a Republican seat open in extremely red Wyoming, but also removing a major ally for the digital assets industry. Lummis has been the inaugural chair of the first subcommittee dedicated to crypto matters at the U.S. Banking Committee, where she’s pushed crypto-friendly legislation as a top priority. Even now, she’s among the leading negotiators for the…

According to SoSoValue data, Ethereum spot ETFs recorded a net outflow of $96.6 million in total. This marks the sixth consecutive day of outflows from Ethereum spot ETFs. This ongoing trend indicates a weakening investor risk appetite and volatile market conditions. While limited, some funds saw noticeable inflows during the day. The product with the largest net inflow was Grayscale’s Ethereum Mini Trust ETF (ETH). The fund recorded a net inflow of $2.89 million in a single day, bringing its historical total net inflow to $1.47 billion. Another Grayscale product, ETHE, saw a daily inflow of $2.74 million, but has…

Crypto‑treasury stocks, which rallied when companies stuffed their balance sheets with Bitcoin and ether, are sinking after recent price drops. For much of the year, investors were selling shares or borrowing funds to buy crypto, betting that corporate treasuries loaded with tokens would outperform holding the coins directly. Now that Bitcoin and Ether have fallen, those same stocks are falling harder. Some investors are smugly saying they saw this coming, while others are doubling down like nothing changed. Michael Saylor set the model back in 2020 when he reshaped a small software company, then known as MicroStrategy, into a major…

The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and platforms offering customer rewards to stablecoin holders. Expanding the prohibition on stablecoin issuers sharing yield directly with customers, outlined in the GENIUS stablecoin regulatory framework, to include third-party service providers stifles innovation and leads to “greater market concentration,” the letter said. The letter compared the rewards offered by crypto platforms to those offered by credit card companies, banks and other traditional payment providers. The letter…

Ethereum is struggling below $3,000, but whales are once again accumulating more tokens. Several large entities withdrew ETH from Binance. Despite the ETH price downturn, accumulation continues into whale wallets and general accumulation addresses. More large-scale entities withdrew Ethereum from Binance in the past day. Three newly created wallets added thousands of ETH, further depleting Binance reserves. On-chain data shows the whales added more than 8,000 ETH in hours. Whales are accumulating $ETH from #Binance. – Newly created wallet “0xcED” withdrew 3,504 $ETH ($10.24M) and 2,135 $BNB ($1.79M). – Newly created wallet “0x779” withdrew 2,656 $ETH ($7.53M). – Whale “0xbE3″…

In a recent social media post, prominent venture capitalist Jason Calacanis has stated that he would never touch Michael Saylor’s Strategy even if the stock were to crash. Calacanis also argues that there should be no Bitcoin bailouts if the company happens to go underwater. The caustic comments of the early Uber investor come after the Wall Street Journal reported that digital asset treasury companies are “crumbling.” Earlier, Calacanis argued that investors have to avoid Saylor and buy Bitcoin directly. Back then, the angel investor said that he was 95% certain that he would end up being right. He has…

The Cyprus Securities and Exchange Commission has launched a consultation on a proposed Directive requiring Crypto-Asset Service Providers to submit prudential and financial information. The initiative follows a previous CySEC consultation on proposed fees and reporting under MiCA. The consultation is open until 12 January 2026. Responses must be submitted via email in Word format, specifying whether the submitter is an individual, enterprise, or organized group. Under the draft Directive, authorized CASPs must provide periodic updates under the EU MiCA regulation. They must also submit financial reports, including trial balance, balance sheet, and profit and loss statements, as well as…