Author: NBTC

India’s Finance Minister Nirmala Sitharaman says nations must prepare to engage with stablecoins acknowledging their growing influence in the global financial landscape. While India remains cautious, Globally, countries are rolling out frameworks and licensing rules for stablecoins. Digital currencies are changing the way the world handles money, and stablecoins are emerging as a key innovation that countries can no longer afford to ignore. These cryptocurrencies, pegged to traditional assets like the US dollar, offer faster, borderless transactions and are gaining traction among businesses and investors worldwide. India Changing Its Shift in Crypto Policy? India, which has always been cautious in…

Binance, the world’s largest cryptocurrency exchange, started the new day and week with an altcoin listing. Accordingly, Binance announced that it will list the altcoin Aster (ASTER), which CZ supports. Binance stated that it will list ASTER with its seed tag. Binance will list Aster (ASTER) and open trading for the following spot pairs starting at 12:00 PM UTC on 10/06/2025: New Spot Trading Pairs: ASTER/USDT, ASTER/USDC, ASTER/TRY Users can start depositing ASTER starting from 06.10.2025 09:00 (UTC). Withdrawals will be opened on 07.10.2025 12:00 (UTC). Binance will list ASTER with the seed tag. Binance warned investors that ASTER is…

Ethereum-focused digital asset treasury firm FG Nexus (FGNX) said Thursday it has tapped tokenization specialist firm Securitize to let investors hold its common and preferred shares as tokens on the Ethereum blockchain. After Securitize’s tokenization treatment, shareholders can choose to convert their common stock (FGNX) into Ethereum-based tokens, giving them the same legal rights as traditional shares. The company will also tokenize its perpetual preferred stock (FGNXP), which pays regular dividends, making it the first U.S. exchange-listed dividend equity to transition fully onto the crypto rails. The process aims to streamline how public equities are owned and traded using blockchain…

U.S. stocks opened lower today as Wall Street weighed the immediate impact of the U.S. government’s official shutdown, and as the dollar slipped, gold and Bitcoin soared. Summary US stocks wavered as U.S. government officially shut down on Wednesday ADP data shows private payrolls declined by 32,000 in September, with this a key report for investors eyeing Federal Reserve rate cuts Gold rallied to a record high and Bitcoin broke above $116,890 as safe havens gained. Wall Street traded lower as the first official government shutdown in seven years began, with investors showing some jitters, helping push the Dow Jones…

Mike Selig, chief counsel of the SEC’s cryptocurrency task force, is emerging as the frontrunner to chair the Commodity Futures Trading Commission (CFTC). According to Politico, Selig, a former partner at Willkie Farr & Gallagher and one-time law clerk to ex-CFTC Chair Chris Giancarlo, is reportedly pulling ahead of other candidates in the private selection process. Summary Mike Selig serves as the chief counsel of the SEC’s Crypto Task Force. He has experience in crypto policymaking. The previous lead candidate for the CFTC chair, Brian Quintenz, was Donald Trump’s pick. However, he was pulled by the White House after pressure…

Vietnam is moving ahead with its crypto market plans, outlining a framework to license a few exchanges under a new pilot program. Summary Vietnam’s Ministry of Finance plans to license only a small number of crypto exchanges under its newly launched five-year pilot program. The counntry aims to regulate crypto issuance, trading, and payments within an official framework. Vietnam seeks to bring offshore crypto activity onshore, with over 17 million traders and $100 billion in annual volumes. Vietnam’s Deputy Minister of Finance, Nguyen Duc Chi, revealed during a recent government press briefing that only a few exchanges will be licensed…

Russia’s central bank intends to comprehensively study the country’s cryptocurrency market and compile its findings within months. The authority will be collecting detailed information from market participants to determine how much Russians are invested in crypto assets and derivatives. Russian central bank to carry out massive crypto survey The Central Bank of Russia (CBR) is going to conduct a large-scale survey of the Russian crypto assets market, media reports unveiled, citing official documents. Russia’s main financial regulator plans to study cryptocurrency investments and lending in the sector in early 2026. Commenting on the matter, the bank elaborated: “The survey is…

The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) held their first joint roundtable in nearly 14 years. The discussion highlighted that the two agencies intend to cooperate on crypto regulation, despite having little history of collaboration. Alignment on Crypto Rules Acting CFTC Chair Caroline Pham acknowledged at Monday’s roundtable that while the SEC and CFTC have had many opportunities to work together for market participants and global capital markets, unclear regulatory boundaries have sometimes caused friction and difficulties for the public. Pham said she was pleased that both regulators are now aligning rules to reduce…

PancakeSwap declared the opening of a new IDO (Initial DEX Offering) launchpad, which is known as CakePad. CakePad offers first time access to new tokens prior to their initial exchange listing. The news was relayed by BSCNews on X at 07:59 UTC on October 6, 2025. 🚨JUST IN: @PANCAKESWAP LAUNCHES CAKEPAD, A ‘NEW AND IMPROVED’ PLATFORM OFFERING EARLY ACCESS TO NEW TOKENS BEFORE EXCHANGE LISTINGS — BSCN (@BSCNews) October 6, 2025 Platform Overview PancakeSwap PancakeSwap is one of the top decentralized exchanges (DEX) in the BNB Chain. It facilitates the token swaps, liquidity provision, and yield farming. A native token…

ETF approvals for altcoins like XRP and Solana (SOL) were expected to come very soon after the SEC asked ETF issuers to withdraw their 19b-4 applications. However, the US government shutdown has negatively impacted government agencies like the SEC. Like many other government agencies, the SEC will furlough many employees and continue to operate with a limited staff. While it was stated that this could delay the decisions on the altcoin ETFs awaiting approval, Bitwise CEO Hunter Horsley made important statements regarding the Solana ETFs. Comparing Solana and Ethereum, Bitwise CEO stated that Solana has a more favorable design for…