Author: NBTC

PARIS, June 26 (Reuters) – The Financial Action Task Force (FATF), a global financial crime watchdog, on Thursday called on countries to take stronger action to combat illicit finance in crypto assets, warning that gaps in regulation could have global repercussions. The Paris-based watchdog said that while progress has been made since 2024 in regulating virtual assets, many jurisdictions still have work to do to combat risks. As of April 2025, only 40 of 138 jurisdictions assessed were “largely compliant” with FATF’s crypto standards, up from 32 a year earlier. “With virtual assets inherently borderless, regulatory failures in one jurisdiction…

Mavryk Dynamics CEO, Alex Davis, says the United Arab Emirates is positioning itself as a leader in the integration of traditional assets with blockchain technology. He says the country’s regulatory environment allows real estate giant MAG to tokenize ultra-luxury properties. UAE’s Pioneering Regulatory Sandbox As the global financial landscape increasingly looks to merge traditional assets with blockchain innovation, the United Arab Emirates (UAE) is emerging as a clear frontrunner in establishing regulatory frameworks that foster, rather than stifle, this evolution. This is evidenced by the announcement of a $3 billion real-world asset (RWA) tokenization agreement between Multibank Group, real estate…

Deutsche Bank believes that the Genius stablecoin Act could give the dollar a major edge in the global digital economy. In comments shared Tuesday by market watcher Walter Bloomberg, the bank’s strategist Marion Laboure said the legislation could help dollar-backed stablecoins attract more foreign liquidity, especially in countries with weak financial systems. STABLECOIN BILL MAY BOOST DOLLAR’S GLOBAL POWER: DEUTSCHE BANK A new Senate-approved bill regulating stablecoins could strengthen the U.S. dollar’s global dominance in the digital era, says Deutsche Bank strategist Marion Laboure. If passed, the law would allow dollar-pegged… — *Walter Bloomberg (@DeItaone) June 18, 2025 According to…

The majority of TRUMP meme coin holders that earned VIP status for President Trump’s exclusive gala dinner held none of the tokens in those wallets by the time they arrived for dinner at Trump National Golf Course on Thursday night.  On-chain data gathered from Solana block explorer Solscan shows that just eight of the top 25 VIPs maintain a balance of the president’s official Solana meme coin the day after the dinner, with the bulk of registered addresses having transferred tokens to centralized exchanges just days after the May 12 snapshot. One of those eight wallets belongs to Justin Sun,…

Thousands of Bitcoin holders across the US are now finding out the hard way that the IRS has been watching closely, without saying a word. Over the past 60 days, there’s been a 758% spike in people bringing up these crypto warning letters in support chats, and tax firms like Taxing Cryptocurrency are backing up the same trend, according to CoinLedger. Now these warnings aren’t all the same, but they’re landing in mailboxes fast, and the most common one is Letter 6174, a softer nudge that doesn’t accuse anyone of doing anything wrong. But there’s also 6174-A, which quietly suggests…

This is a segment from The Drop newsletter. To read full editions, subscribe. Brave is one of the few web browsers that’s embraced crypto. It has the affiliated BAT rewards token and a built-in crypto wallet, to name a few of its tie-ins. But it’s also taken a privacy-forward approach — and splashed that across its marketing to help set it apart from other Chromium-based browsers. “We’re kind of in [a] metaphysical rebellion against the big tech surveillance powers that evolved on JavaScript,” Brave CEO and cofounder Brendan Eich, who created the JavaScript language, said onstage during Blockworks’ Permissionless conference…

Corporate bitcoin BTC$105,602.12 treasuries are adding to buying pressure at the moment, but a sharp drop in the price of the world’s cryptocurrency could lead to forced liquidations, Standard Chartered analyst Geoff Kendrick said in a research report on Tuesday.As many as 61 publicly listed companies have adopted the cryptocurrency as a treasury asset, and these firms now own a combined 673,897 bitcoin as of the end of May, or 3.2% of the cryptocurrency’s total supply, the report said. That big number, of course, owes nearly everything to Michael Saylor’s Strategy (MSTR), which by itself holds a total of 580,955…

Ondo Finance lets users buy and sell token versions of stocks using a fast blockchain system. People from many places can now join in and trade without needing old financial platforms. ONDO surged to a high of $1.04 before pulling back with a 4.17% price decline. Ondo Finance has launched Ondo Global Markets, introducing public stock trading on the Solana blockchain with built-in decentralized finance features. This marks a major step for traditional asset integration into decentralized platforms. The new platform allows trading of tokenized public securities, enhancing liquidity, transparency, and investor access. Ondo Finance leverages Solana’s speed and affordability…

Judge Analisa Torres of the Southern District of New York has denied a joint request by the U.S. Securities and Exchange Commission (SEC) and Ripple to lift a permanent injunction in their dispute, a decision that prevented Ripple from significantly reducing its $125 million fine. Judge Torres cited the SEC’s past view that Ripple would continue to violate the law in his court ruling today. “That has not changed, and neither party is arguing otherwise. Despite this, they request that the fine be reduced by 60% and the permanent injunction be lifted, citing public interest,” Torres said. The parties had…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Firedancer has quietly delegated stake to 32 Solana validators to kick off its new delegation program, according to the client’s website. Delegation, or staking some of an organization’s crypto with a number of validators based on some criteria, has been used by the Solana Foundation to help smaller validators get started on the network. Firedancer may be hoping the delegation program can help convince validators to start running its Frankendancer client, which currently accounts for just 8% of all staked SOL. That proportion is up from 5-6%…