Author: NBTC

Summary Bank of England’s stablecoin cap sparks pushback from crypto leaders UK stablecoin limits draw criticism over enforceability and market impact Crypto industry warns “no other major jurisdiction has deemed it necessary to impose caps” UK regulators propose caps on stablecoin ownership to protect financial stability. The crypto industry criticizes the plan as costly, unnecessary, and counterproductive, to say the least. The Bank of England‘s plan to impose strict limits on stablecoin ownership reportedly drew immediate criticism from crypto and payments industry groups, who said the proposed caps — £10,000–20,000 per individual and £10 million per business for all systemic…

Canada’s central bank is calling for the country to establish a stablecoin regulatory framework to modernize the payment system and avoid falling behind other countries that are moving forward with such policies. “Even if you’re on the right track, you’ll get run over if you sit there,” Ron Morrow, the executive director of payments, supervision and oversight at the Bank of Canada, said in a speech Thursday at the Chartered Professional Accountants conference in Ottawa, Canada, a transcript of which was published on the central bank’s website. Morrow called on federal and provincial regulators to create a policy framework for…

The cryptocurrency world is buzzing with activity, and a recent report from Whale Alert has caught significant attention. A staggering 250 million USDC minted at the USDC Treasury has been reported, signaling a notable movement within the stablecoin ecosystem. This substantial transaction often indicates underlying market shifts or preparations for major financial operations. For those new to the space, USDC is a prominent stablecoin, meaning its value is pegged 1:1 to the US Dollar. It plays a crucial role in providing stability and liquidity across various decentralized finance (DeFi) platforms and centralized exchanges. Understanding the implications of such a large…

A fascinating development is unfolding in the world of cryptocurrency, with Armenia’s Prime Minister Nikol Pashinyan making a significant call. He has advocated for the establishment of a national-level Bitcoin mining facility, signaling a bold step into the digital economy. This move, as reported by Bitcoin Historian, suggests Armenia is keenly observing the potential of blockchain technology and its flagship asset, Bitcoin. Armenia’s Bold Vision: Pioneering National Bitcoin Mining Prime Minister Pashinyan’s proposal isn’t just about individual entrepreneurs mining crypto; it’s about a strategic, state-backed initiative. Imagine a country leveraging its resources to participate directly in the global digital asset…

The world of money is in a new chapter. The U.S. Federal Reserve is now expected to cut rates this September. For savers, it feels like déjà vu: the steady income once available from a simple bank deposit or a one-year Treasury bill is slipping away, and the search for better yield has begun all over again. For investors, that means a familiar hunt for better returns; only this time, the spotlight has shifted from Wall Street to stablecoins. Unlike Bitcoin or Ethereum, stablecoins don’t swing wildly in price. They’re pegged to the dollar, yet they can deliver yields that…

US President Donald Trump has appealed to the Supreme Court to dismiss Fed Board Member Lisa Cook. Trump’s emergency appeal today has brought discussions about the independence of the central bank back to the agenda, and this step is said to be of historic importance for the US economy. The request, notably, came just one day after the Fed cut interest rates for the first time in months. If Trump’s request is accepted, it would be the first time in the 111-year history of the Fed that a president has removed a sitting member from office. The Trump administration alleged…

The Singapore High Court has directed opposing creditors in the WazirX case to submit a new expert affidavit under Indian law after their earlier filing was found non-compliant. The instructions were issued during a hearing on September 3 in case HC/SUM 940/2025. Notably, the WazirX team called attention to the development in a tweet today. Court Directives and Deadlines At the hearing, the court ruled that the expert affidavit submitted by certain creditors, referred to as the “Relevant Non-Parties,” did not meet its earlier requirements and must be replaced. The replacement affidavit is due by September 19, 12 p.m. SGT…

Hypurr NFTs, the official Hyperliquid NFTs, are the best-performing NFTs of 2025, and they haven’t even officially launched yet. The Hypurr collection was awarded to the perpetuals trading platform’s top 5000 accounts prior to its token launch in November 2024, and OTC desks traded the unreleased NFTs for between $30,000 and $60,000 throughout most of 2025. However, demand for the collection has skyrocketed as the HYPE token hits new highs, and the floor currently sits at $100,000 on DripTrade, a Hyperliquid-based NFT platform. Hypurr OTC Interface – Drip.Trade There have not been any six-figure sales yet, but there were five…

Ethereum trades above $4,540 at press time on September 12, up nearly 3% in the past 24 hours. Weekly gains stand near 4.7%, while month-on-month changes remain muted at –1.9%. Still, the breakout that took place on September 10 has put the Ethereum price back in the spotlight. The falling wedge breakout now in motion suggests room for further gains, with on-chain and derivatives data showing that two powerful groups are backing the move. Together, their actions point to a potential run toward $5,110 if conditions hold. Spot Holders Step Back While Derivatives Traders Surge In Ethereum’s rally has been…

Get ready for a significant leap in digital finance! Standard Chartered, in collaboration with Qatar National Bank (QNB Group) and DMZ Finance, has just launched the very first tokenized money market fund (MMF) in the Dubai International Financial Centre (DIFC). This isn’t just another fund; it’s a groundbreaking move that could redefine how we think about traditional investments and blockchain technology. What does this pioneering initiative mean for investors and the future of finance? Understanding the Innovation: What is a Tokenized MMF? Before diving into the implications, let’s break down what a tokenized MMF actually is. Money Market Funds (MMFs)…