Author: NBTC

Boerse Stuttgart Digital, the crypto arm of the Stuttgart Stock Exchange Group, has entered the Spanish market with a new office in Madrid, the company said Tuesday. The move expands its European footprint to eight hubs, including Frankfurt, Zurich and Milan. The company, which earlier this year received the first Europe-wide MiCAR license from Germany’s BaFin regulator, provides crypto trading and custody solutions designed for banks, brokers and asset managers. Its modular platform lets institutions integrate cryptocurrency services into their retail offerings while remaining compliant with the European Union’s new Markets in Crypto-Assets (MiCAR) framework. Spain’s appetite for digital assets…

The clash between Wall Street and the crypto sector over yield-bearing stablecoins is intensifying in Washington. The stablecoin industry needs more options for offering yield to users, according to Will Beeson, founder and CEO of RWA liquidity layer Multiliquid and Uniform Labs, and former head of tokenized asset infrastructure at Standard Chartered. “In a competitive market with others issuing their own stablecoins, you end up in a situation where you’re looking for ways to incentivize users to use your stablecoin,” Beeson told Decrypt. “The ability to pay yield would be an important way to do that.” The GENIUS Act and…

Binance, one of the world’s largest cryptocurrency exchanges, made a new announcement that the Hemi (HEMI) token will be integrated into different services of the platform. Binance Adds Hemi (HEMI) Token to Multiple Services HEMI will be available for trading on Binance Simple Earn, “Buy Crypto,” Binance Convert, and Binance Margin as of September 23, 2025. According to Binance’s announcement, HEMI Flexible Products will be listed on Binance Simple Earn and available for subscription by users starting at 3:00 PM on September 23, 2025. HEMI is also participating in Binance’s HODLer Airdrops program, which distributes regular token airdrops to BNB…

Sony Bank has established BlockBloom Inc., a wholly owned subsidiary that will develop Web3 services, including digital assets, NFTs, and blockchain infrastructure. Announced on Thursday, the move follows plans disclosed in July. The subsidiary will operate under Japan’s regulated framework for digital assets and plans to integrate blockchain technology into the bank’s services. Sony Bank expects this move to limit near-term financial impact. Separate Entity Focuses on Blockchain Initiatives Sony Bank, a mid-sized digital-first bank under Sony Financial Group in Japan, created BlockBloom Inc. to manage digital asset management, NFT projects, and blockchain infrastructure. The subsidiary allows the bank to…

Stablecoin issuer Tether is one of the largest corporate accumulators of Bitcoin over the last 12 months, adding more coins to its treasury than nearly all spot exchange-traded funds (ETFs). On Sept. 8, Tether CEO Paolo Ardoino shared data showing that the stablecoin issuer secured more than 27,700 BTC in the past year. Of that amount, around 7,900 BTC were placed directly into the reserves backing USDT, while an additional 19,800 BTC were allocated to Twenty One Capital (XXI), a digital asset treasury fund to which Tether contributes. The purchases put Tether ahead of several mid-tier ETF inflows, including VanEck’s…

Mirae Asset Global Investments and Ava Labs, the developer behind the Avalanche blockchain, signed a memorandum of understanding (MOU) on Thursday to jointly develop fund tokenization and on-chain operation and settlement systems, the firms said. Avalanche said on X (formerly Twitter), “By combining Mirae’s $316B scale with Avalanche’s institutional-grade blockchain, the two firms aim to set new standards for tokenized funds — where global capital connects with next-generation technology.” Under the agreement, the two companies will undertake joint research and feasibility studies on tokenizing fund products, work to connect with the global institutional ecosystem and run pilot projects to build…

U.S. spot Bitcoin exchange-traded funds (ETFs) recorded a significant influx of capital on Monday, reversing two days of consecutive outflows. The $368.25 million net inflow was the largest single-day inflow since August 8, according to SoSoValue data. With none of the twelve spot Bitcoin ETFs recording outflows, data pointed to renewed conviction from institutional investors. Fidelity’s FBTC led the inflows with a net inflow of $156.50 million, followed by Ark Invest and 21 Shares’ ARKB with $89.47 million. The institutional buying activity aligns with the week’s key macroeconomic reports, including Tuesday’s Nonfarm Payrolls revisions, Wednesday’s Producer Price Index, and Thursday’s Consumer…

Crypto exchange OKX said it is offering 4.1% yields on USDG in weekly payouts, without staking lockups. OKX is responding to intensifying competition for stablecoin dominance, it said in an emailed announcement on Tuesday. USDG is minted by stablecoin issuer Paxos and is backed 1:1 by U.S. dollars. OKX joined the Global Dollar Network in July, and now brings USDG to onshore and offshore users, pitching it as a “dollar that pays you back” during quiet markets or when traders park idle funds. Yield has become the key battleground in stablecoins, with fiat-backed options such as USDC and USDG competing…

Pravica CEO Mohamed Abdou highlights Egypt’s evolving blockchain stance, praising a shift from skepticism to curiosity. High-Level Participants Discuss Practical Use Cases The recent closed-door forum on blockchain utility in Egypt marks a potential turning point in policy and underscores the power of open dialogue in building trust, according to Mohamed Abdou, founder and CEO of Pravica. Abdou noted that Egypt’s shift from a narrow focus on blockchain’s risks to “a sophisticated curiosity” about its broader applications validates the “education first” strategy embraced by industry leaders. Abdou’s remarks came shortly after he and Tony Amer, CEO of Emurgo Labs, participated…

Belarusians can now shop on Russia’s leading e-commerce platform, Wildberries, using cryptocurrencies like Bitcoin, Ethereum and Tether. The feature meets legal requirements for such transactions in Belarus, which is updating its regulations in order to facilitate crypto payments for its citizens. Wildberries accepts cryptocurrencies in Belarus Russian online retail giant Wildberries is piloting cryptocurrency payments for its Belarusian customers, media reports revealed this week. The popular platform’s Belarusian website allows users to pay for their orders using electronic certificates which can be bought with a number of major coins. These are purchased through Whitebird, the first licensed crypto trading venue…