Author: NBTC

Brazil’s Congress rejected a provisional measure to tax cryptocurrency transactions, preventing a 17.5% levy on small holders. Brazilian crypto investors hold over triple the average wealth of traditional investors, with 25% being millionaires. The Chamber of Deputies of Brazil reached a decision on Wednesday, October 8, that prompted immediate reactions across the digital finance sector. Deputies rejected Provisional Measure 1,303, a proposal that would have established taxes on cryptocurrency operations and increased the income tax rate for exclusive funds. That rate had been set at 18%. This parliamentary decision ended one of the most contentious legislative agendas in the Brazilian…

Paris-based Lise (Lightning Stock Exchange) has become the first company in Europe authorized to operate a fully tokenized equity exchange, the company said on Thursday. The exchange, which targets the SME IPO market in France, received a DLT TSS license from France’s financial regulator, the ACPR, under the EU’s Distributed Ledger Technology Pilot Regime, according to a press release. The authorization, developed with input from the Banque de France, ESMA, AMF, and the European Central Bank, allows Lise to combine the roles of a Multilateral Trading Facility (MTF) and a Central Securities Depository (CSD) within one digital framework. Lise counts…

Major public mining companies are aggressively raising billions of dollars through convertible bonds, the largest capital push since 2021. This could mark a turning point toward AI expansion, but also carries the risk of equity dilution and mounting debt pressure if profits fail to accelerate. A New Wave of Large-Scale Debt Issuance The year 2025 marks a clear shift in how Bitcoin miners raise capital. Bitfarms recently announced a $500 million offering of convertible senior notes due 2031. TeraWulf proposed a $3.2 billion senior secured note issuance to expand its data center operations. According to TheMinerMag, the total value of…

Mahidol University’s Faculty of Engineering has signed a triparty Memorandum of Understanding with ZERO13 and Unique Transformation Co., Ltd. to accelerate the development of Thailand’s carbon credit ecosystem, strengthening education, research, technology and market access. The five‑year collaboration will pilot projects, deliver training and joint research, and conduct biannual reviews to build a transparent, high‑integrity market spanning energy, transport, industry, waste and agriculture. ZERO13 will contribute blockchain‑based market infrastructure and global connectivity to prevent greenwashing and enable access to international carbon markets, while Unique Transformation will develop green projects and high‑quality credits and Mahidol will provide academic research and capacity…

Ethereum (ETH) is going through a period of increased volatility as its supply is dwindling at high rates, but artificial intelligence (AI) tools claim it might be up for a rebound soon. As of press time, ETH was trading at approximately $4,106, having gained some 3% in the past 24 hours. However, on the weekly chart, the token is still down 8.50%. AI predicts ETH price Given the ETH’s recent volatility, Finbold consulted ChatGPT-5, which pointed out several factors that could influence the asset’s momentum in the following months in its Ethereum price prediction for the end of 2025. OpenAI’s…

Companies that switched their business focus to holding digital currencies are now using borrowed money to buy back their own shares, suggesting the “crypto treasury” trend may be falling apart. Businesses ranging from online gaming firms to golf cart makers changed their strategies to purchase cryptocurrencies just two months ago. Now these same companies are trying to boost their falling stock prices through share buybacks. Some are even taking on debt to pay for these stock purchases. Seven companies have made these moves in recent weeks. Five of them now have stock values lower than what their cryptocurrency holdings are…

Conservative activist Laura Loomer ignited social media Wednesday with a viral post claiming that there’s a “massive and well-funded” effort to persuade President Donald Trump to pardon Sam Bankman-Fried, the convicted founder and former CEO of collapsed crypto exchange FTX. The allegation spread rapidly across X, riling up partisans who saw back-room corruption or another conspiracy in search of evidence. “There is a massive and well funded lobby effort to get this criminal pardoned,” Loomer wrote on X. “He’s going to pretend like he was a victim of Joe Biden and the Democrats after he funded all of the left’s…

Kraken has expanded its U.S. presence with the $100 million purchase of Small Exchange, a derivatives platform licensed by the Commodity Futures Trading Commission. Summary Kraken buys CFTC-licensed Small Exchange for $100M to expand in the U.S. The deal enables Kraken to offer regulated crypto derivatives onshore. It builds on earlier acquisitions like NinjaTrader and Crypto Facilities. The deal marks a key milestone in Kraken’s plan to build a fully regulated trading network, combining crypto and traditional derivatives within one U.S.-based framework. According to Kraken’s Oct. 16 press release, the exchange’s acquisition from IG Group gives Kraken a Designated Contract…

Bitcoin mining crossed the zetahash threshold in September as the network averaged 1.034 ZH/s, and hashprice fell below $47 per PH per second. According to a new report by The MinerMag, the step up in difficulty coincided with miners’ equity values nearly doubling since August to about $90 billion by October 15, while BTC fell 3.7 percent over the same period. The sector’s center of gravity has shifted toward balance sheet capacity, convertible debt, and high-performance computing contracts. Record difficulty has squeezed operating margins, and power costs have remained pinned near fixed-rate agreements. According to the report, listed operators’ combined…

BNY and the National Bank of Canada went live this week with EquiLend’s 1Source platform, joining the blockchain-based system designed to eliminate manual trade reconciliations in the securities finance industry. The company that offers stock lending said a global broker-dealer will begin trading on the platform soon, with several other firms close to signing on. BNY and the National Bank of Canada are now executing securities lending transactions through the distributed ledger, which maintains a synchronized record of trades between counterparties. The industry currently spends roughly $100 million annually on reconciliation teams and fixing settlement breaks, according to estimates from…