Author: NBTC

Russian authorities may soon introduce penalties for people involved in unauthorized turnover of cryptocurrencies in the country. According to Russia’s chief prosecutor, the measures to curb such activities are going to include a mechanism for the seizure of traded coins. Russian state to penalize citizens transacting with crypto Russia is considering ways to discipline those organizing the circulation of digital currencies outside the law, the nation’s Prosecutor General, Alexander Gutsan, announced at a summit with counterparts from the region. Quoted by the official Russian news agency, TASS, the high-ranking legal representative of the government in Moscow stated: “Legislative amendments are…

Key Takeaways Bybit partnered with Idram to enable crypto payments at over 25,000 stores across Armenia. The integration lets users make QR code payments with crypto, expanding financial accessibility in the region. Bybit Pay, the global payment arm of crypto exchange Bybit, partnered with Armenian digital payments provider Idram to enable crypto payments at over 25,000 retail locations across Armenia. The integration, which will be launched at a ceremony in Yerevan tomorrow, will enable Bybit Pay users to make QR code payments across stores nationwide. Idram currently controls more than 90% of Armenia’s QR payments market and has served local…

Flare has become the top EVM DeFi ecosystem for XRP after the launch of the wrapped FXRP token. Summary Flare Network became the largest EVM DeFi ecosystem for wrapped XRP tokens Since FXRP’s launch, its network TVL rose 37.9% The total value locked of XRP on the network reached $86.2 million XRP is increasingly expanding into the world of DeFi. On October 21, Flare Network announced rapid growth in the total value locked of FXRP, a trustless wrapped version of XRP on the chain. What’s more, the protocol stated that it had become the largest EVM DeFi ecosystem for XRP.…

Russia is moving to integrate crypto into its international commerce. The government announced today that it will legalize its use for foreign trade settlements. This decision is a strategic response to Western sanctions. By establishing a legal system for cross-border crypto payments, Russia can bypass restrictions on traditional banking channels. Russia Legalizes Crypto Use for Foreign Trade Russia’s Ministry of Finance and Central Bank have formally agreed to legalize cryptocurrency to settle international trade deals. This decision formalizes the experimental legal regime (ELR) launched in September, which initially permitted the piloting of crypto for cross-border transactions. The move is widely…

Asia’s top three stock markets are tightening their listing rules and supervising companies to ensure they don’t become quasi–crypto investment vehicles. The move comes as regulators across the region are catching on to an emergent phenomenon of Digital Asset Treasuries (DATs). These firms exist, first and foremost, to collect and hold cryptocurrencies rather than run traditional businesses. The gathering resistance represents a pivot for an industry that contributed to the surge of Bitcoin in 2025. The world’s largest digital currency reached a record $126,251 on Oct. 6, its historical high and an 18% year-to-date gain, as public companies around the…

1inch has taken another step toward knitting traditional finance and decentralized finance closer together by integrating Flowdesk as a resolver for Societe Generale–FORGE’s Euro and US dollar stablecoins, EURCV and USDCV. The integration allows 1inch Swap to route liquidity for both tokens, putting bank-issued, MiCA-compliant stablecoins squarely into the aggregator’s routing fabric and giving traders access to Euro- and USD-denominated liquidity across leading blockchains. Under the arrangement, Flowdesk, a Paris-based liquidity provider that is registered with France’s Autorité des Marchés Financiers, will join the 1inch resolvers network and handle order execution and liquidity for EURCV and USDCV. Flowdesk’s regulated status…

Morgan Stanley’s Chief Investment Officer, Mike Wilson, has upended conventional wisdom surrounding the classic 60/40 portfolio, advocating instead for a 60/20/20 mix. Gold now joins bonds as a direct allocation for investors seeking resilience in a time of inflation and market volatility. A new framework from Morgan Stanley Instead of relying solely on bonds to offset equity risk, Morgan Stanley recommends a 60/20/20 model that shifts 20% of the portfolio into gold, positioning it as a superior inflation hedge over Treasuries and suggesting shorter-duration bonds to optimize rolling returns. Wilson explained: “Gold is now the asset that demonstrates resilience, surpassing…

A former engineer at e-commerce company Digital River was sentenced Tuesday to three years of probation for illegally mining crypto using his former employer’s cloud servers. Joshua Paul Armbrust, 45, was sentenced by U.S. District Judge Jerry Blackwell after pleading guilty in April to a felony count of computer fraud documented by the U.S. Attorney’s Office for the District of Minnesota, with initial reporting on the sentence from local media outlet Duluth News Tribune. After resigning from Digital River in February 2020, Armbrust continued accessing the company’s Amazon Web Services account between December 2020 and May 2021, running a program…

Solana-based decentralized exchange Jupiter has launched its inaugural prediction market tied to the outcome of the upcoming F1 Mexico Grand Prix. The new platform, powered by Kalshi, a leader in event-driven trading, invites fans and traders to speculate on whether their preferred driver – Max Verstappen, Lando Norris, Oscar Piastri, George Russell, or others will claim victory. The Grand Prix will take place on Oct.27, starting at 19:00 UTC and will consist of 71 laps. The Kalshi backing is crucial because it brings established liquidity and regulatory compliance to the prediction market, enhancing trust and stability for users. This could…

In the world of crypto and fintech, several innovative projects have secured significant funding recently, further fueling the sector’s growth. From Bitcoin-focused strategies to wealth management solutions, we’ve compiled a roundup of notable fundraising rounds, including projects raising over $20 million. Summary Capital B raised $68.9 million to expand its Bitcoin treasury, leading this week’s funding Finary secured $29.4 million Series B for its wealth management platform expansion Kredete raised $22 million Series A to build financial software for African immigrants According to Crypto Fundraising data, Capital B (ex The Blockchain Group) led this week’s funding period with a $68.85…