Author: NBTC

U.S. SEC Division of Trading and Markets has released today a statement guiding the application of Rule 15c3-3 on physical possession requirements to broker-dealers. According to the statement, five specific circumstances have been outlined under which the U.S. SEC would not object to deeming physical possession as a valid means of identification. The statement aims to provide detailed guidance on how broker-dealers can comply with custody obligations for crypto asset securities under existing federal rules. The U.S. SEC stated that the guidance is part of an effort to provide clarity on the application of the federal securities laws to crypto…

Bitget, the world’s largest Universal Exchange (UEX), has become the first centralized exchange to enable onchain trading across the Monad blockchain, the company announced today. The integration lets Bitget users trade Monad-based assets directly from their Bitget spot wallets using USDC, removing the need to jump between platforms or manage external wallets. The move is part of Bitget’s wider Onchain expansion, which aims to fuse centralized liquidity with fast, Ethereum-compatible Layer 1 environments. Monad, a fully EVM-compatible chain built for high performance, promises up to 10,000 transactions per second through a combination of parallel execution, an optimized database structure, and…

Blockchain infrastructure has matured significantly over the past years, and its effects are now extending far beyond decentralized finance (DeFi). According to Brian Rudick, Chief Strategy Officer at Upexi, the next wave of corporate finance will unfold on-chain as companies increasingly adopt the technology. Corporate Finance Is Moving On-Chain In an exclusive interview with BeInCrypto, Rudick highlighted the rapid rise of tokenized real-world assets (RWAs) as one of the clearest indicators that corporate finance is shifting into blockchain-based environments. He pointed to one headline number: around $36 billion worth of RWAs are now tokenized on blockchains — a figure that…

A state securities regulator issued 12 investor warnings ahead of year-end, cautioning that fraud activity is accelerating as scammers exploit FOMO, new technologies, and holiday urgency to lure investors into costly schemes. 12 Top Investor Threats Mount as State Regulator Warns FOMO Is Accelerating Losses State securities regulators are warning investors to stay alert as year-end fraud activity climbs. The Tennessee Department of Commerce & Insurance (TDCI)’s Securities Division unveiled “the 12 top investor threats” on Dec. 16, highlighting specific schemes expected to intensify during the holiday season. The regulator stated: The data reveals that while scammers are using new…

Fresh data from CryptoQuant shows Binance, the world’s largest crypto exchange tightening its grip on spot and derivatives trading, setting new records. The activity surge comes as on-chain and options metrics suggest investors are repositioning for a more active market environment. The exchange is on track to set new records across spot and derivatives markets in 2025, even as traders continue to price uncertainty in the crypto market. Binance leads, others follow Source: CryptoQuant Crypto inflows into Binance hit $1.17 trillion in 2025, representing a 31% increase year on year. The inflow, which widens the gulf between Binance and other…

For two years, decentralized finance operated on the concept that purely crypto-native assets could serve as the monetary base for a parallel financial system. Ethereum staked through Lido anchored billions in DeFi loans, wrapped Bitcoin backed perpetual swaps, and algorithmic stablecoins recycled protocol emissions into synthetic dollars. The entire edifice assumed crypto could bootstrap its own collateral hierarchy without touching the $27 trillion US Treasury market. That assumption has broken quietly over the past 18 months. Tokenized US Treasuries and money-market funds now sit at roughly $9 billion across 60 distinct products and over 57,000 holder addresses, with an average…

A Washington man was convicted in a federal jury trial this week for taking tens of millions of dollars from the company he worked for—and losing nearly all of it in a botched crypto play.  Nevin Shetty, 41, was found guilty Thursday on four counts of wire fraud for taking and misusing some $35 million worth of funds from a private software company where he worked as CFO.  Though Shetty himself drafted a conservative investment policy for the startup—which called for its money to be invested only in FDIC-insured treasury and bank accounts—the executive soon secretly moved tens of millions…

HashKey Holdings’ shares fell about 5% in their Hong Kong trading debut, a muted reception that underscores investor caution toward the exchange’s business model despite its dominant position in the city’s regulated crypto market. The stock opened below its IPO price and slid to around HK$6.34 by mid-morning. The decline followed the release of prospectus disclosures earlier in December, showing heavy losses but rapid growth in users and activity. The IPO comes at a time when bitcoin has pulled back from its all-time high earlier this year, to trade around $87,000, taking down the valuation of most crypto-linked stocks globally.…

SDEX jumped more than 160% after Smardex announced its shift to the unified protocol, which merges a DEX, lending market and perpetual-style trading into a single smart contract and liquidity pool. A Unified Architecture for Capital Efficiency The native token of the decentralized finance (DeFi) platform Smardex (SDEX) surged by over 160% on Dec. 17, following the announcement of its transition to a unified protocol that integrates a decentralized exchange (DEX), a lending market, and a perpetual-style trading system into a single smart contract. Market data shows the token rallied from approximately $0.002 to a brief peak above $0.008 before…

Binance has announced it will support the planned network upgrade on the Terra Classic (LUNC) network. According to the exchange’s official statement, token deposits and withdrawals on the Terra Classic network will be temporarily suspended to maintain the best user experience and ensure a smooth technical process. The statement indicated that deposit and withdrawal transactions on the LUNC network would cease on December 18, 2025, at approximately 5:10 PM. The network upgrade is expected to take place at block height 26,479,000, which is approximately at 6:10 PM on the same day. Binance emphasized that all technical requirements will be handled…