Author: NBTC

SWIFT, the backbone of the global financial messaging system, is taking a step toward becoming a full-fledged blockchain infrastructure provider. This week, the network unveiled plans to build a shared ledger platform that will let banks settle transactions involving stablecoins and tokenized assets across multiple blockchains. While SWIFT has long served as the messaging layer for cross-border money movement, the new platform would put it closer to the center of value transfer. That’s a major shift for a more than 50-year-old traditional financial organization known for handling communications between more than 11,500 banks, not for moving money itself. SWIFT’s changing…

On October 1, 2025, as reported by Binance, the exchange submitted a formal request to the Ministry of Finance of Vietnam for a review of the new tax on crypto transactions, emphasizing that a tax calculated on the gross value of operations can pose an immediate risk to the liquidity and stability of the local market.International analysis and guidelines on the taxation of digital assets provide useful frameworks for assessing these impacts OECD. Market analysts and some market-making operators contacted for this article report observable effects on spreads and order book depth when taxes based on gross value are introduced.From…

India has launched its toughest crackdown on crypto to date, blacklisting 25 offshore platforms holding more than $9 billion, including BingX and LBank, for failing to meet anti–money laundering standards. According to an October 2 release, the country’s finance ministry said the Financial Intelligence Unit-India has already directed the exchanges to disable app and website access within the country. This comes after India noted that it is leaning towards not creating legislation to regulate cryptocurrencies in the country, instead opting for partial oversight, fearing that bringing digital assets into its mainstream financial system could raise systemic risks, as a government…

The networks where users made the most transactions in the cryptocurrency market in the last week have been revealed. According to on-chain active user data, BNB Chain ranked first with 17.5 million users, followed by NEAR Protocol and Solana. While user numbers across most chains declined, opBNB and PancakeSwap saw notable increases. In particular, opBNB’s 26% increase in weekly active users demonstrated growing interest in layer two (L2) solutions. Here are the 15 most active networks and platforms in the last 7 days: BNB Chain (BNB) – 17.5 million users (+11.6%) NEAR Protocol (NEAR) – 15.9 million users (-1.5%) Solana…

Goodbye “red September,” hello “Uptober.” As the bullish vibes return to the crypto market, traders appear to be setting their sights on risk assets beyond just Bitcoin, with Ethereum and Solana—two of the largest altcoins by market capitalization—each rising 5% today. So where are traders most likely to place their bets next? The month that traditionally punishes crypto investors ended up delivering a 3.5% gain for the total market cap, defying the doomsayers who predicted blood in the streets based on historical data. Now October has arrived—what traders call “Uptober” for its historically bullish performance—and the hunt for new positions…

Lava, a bitcoin-focused financial services startup, announced on Wednesday that it has raised $17.5 million in new funding while also launching a lending product offering yields on US dollars. In a post on X, the company said its platform allows users to fund overcollateralized loans secured entirely by bitcoin (BTC), with lenders earning up to 7.5% on their deposits. The funding follows Lava’s earlier $10 million Series A round led by Founders Fund and Khosla Ventures. New backers in this extension include Peter Jurdjevic, Bijan Tehrani of Stake, Charlie Spears, Jacob Brown, Lee Linden, and Zach White. The firm said…

The commission in charge of investigating the Libra incident failed to get hold of the testimonies of several government officials. Karina Milei, the sister of President Milei and General Secretary of the Presidency, has been summoned to testify before the commission but has failed to appear twice. Libra Probe Faces Headwinds: Argentine Officials Fail to Testify The case of Libra, the alleged meme coin linked to President Javier Milei’s promotion, is still ongoing in Argentina. A congressional commission investigating the links between some government officials and the token launch is currently stalled due to the failed attempts to obtain the…

Key Takeaways Robinhood has listed four digital tokens from Strategy, expanding access to Bitcoin-backed financial products for retail investors. The listed tokens are STRC, STRD, STRF, and STRK, each offering different features such as stable yield, flexible or cumulative dividends, and optional equity conversion. Robinhood, a retail-focused brokerage platform, has listed four digital tokens from Strategy, a Bitcoin treasury firm building structured yield products around its holdings. The new listings include STRC, a Bitcoin-backed perpetual preferred instrument that delivers stable yields with monthly payouts, and STRD, a non-cumulative preferred equity with flexible dividend declarations linked to cash flow. Robinhood also…

Speaking at the Electronic Cash Conference in Barcelona, eCash founder Amaury Séchet announced the launch timeline for “Pre-Consensus,” a feature slated for the Nov. 15 network upgrade. Avalanche-Style Pre-Consensus Arrives on eCash Nov. 15 Pre-Consensus will activate on mainnet as part of the upcoming eCash (XEC) upgrade, formalizing a capability long discussed within the project’s roadmap. The announcement came during the Electronic Cash Conference in Barcelona, where Amaury Séchet outlined objectives and activation mechanics. Pre-Consensus integrates Avalanche-style consensus within eCash to add fast transaction finality ahead of block production. Project materials describe it as the first instance of instant finality…

The Ethereum derivatives market has seen a notable surge in whale activity as prices post massive increases. On Wednesday, October 1, an unknown wallet transferred a massive 198,289 ETH ($852.4 million_ to crypto futures and options exchange Deribit, according to data from on-chain tracking platform Whale Alert. The large Ethereum transfer, which occurred in a single transaction, has raised eyebrows as it came at a time when the crypto market experienced a broad resurgence in the prices of leading cryptocurrencies, including Ethereum. The surge in activity spans across the Ethereum derivatives market, with whales making big moves. Although the nature…