Author: NBTC

Mike Collins, American politician and businessman serving as the U.S. representative for Georgia’s 10th congressional district, filed a bizarre periodic transaction report on September 2. Namely, the congressman disclosed only two cryptocurrency transactions in August, including a purchase of up to $15,000 worth of Ethereum (ETH) and an additional investment of up to $15,000 in a meme coin known as Ski Mask Dog (SKI). The filings bring Collins’ total reported crypto activity since taking office in January 2023 to as much as $745,000. Why ETH and SKI? The first of the politician’s purchases can likely be chalked up to the…

Binance, one of the world’s largest cryptocurrency exchanges, regularly reviews the trading pairs it lists to protect users and ensure a high-quality trading environment. Binance Delisting 4 Spot Trading Pairs Following the final review in this context, it was announced that some spot trading pairs would be excluded from the list due to factors such as liquidity and trading volume. According to Binance’s announcement, the following spot trading pairs will be closed on September 5, 2025 at 06:00 CEST: BABY/EUR BABY/FDUSD BMT/BNB THE/FDUSD In the company’s statement, it was also specifically emphasized that EUR is a fiat currency and does…

Europe’s next big crypto move won’t be MiCA 2.0. Instead, the European Commission is set to unveil proposals in December that aim to bring traditional financial assets onto blockchain. Summary The Commission’s upcoming SIU proposals are expected to include measures for tokenizing equities, bonds, and derivatives. The EU’s DLT Pilot Regime, launched in March 2023, will be upgraded as a first step toward broader adoption of tokenized financial instruments in Europe. Peter Kerstens, adviser to the European Commission and often dubbed the “father of MiCA,” told The Block in a recent interview that the Commission is preparing proposals for the…

Global cryptocurrency exchange OKX has announced the addition of new trading pairs to meet the growing demands of users and support the development of the USD ecosystem. OKX Adds USD Trading Pairs to List According to the stock exchange’s statement, two new pairs will be included in the USD trading area in the spot trading section on September 3, 2025, at 13:00 Turkish time: WLFI/USD PROMPT/USD Special rules will be implemented to mitigate market risks when new currency pairs are launched. Accordingly, within the first 5 minutes of trading: No transactions can be made with market orders, The maximum amount…

Wall Street saw a sharp dip at the open on Tuesday as stocks shed gains amid fresh tariff jitters, while Treasury yields rose and gold reached a new all-time high. Summary Dow Jones Industrial Average fell more than 500 points as stocks dipped amid fresh market concerns. Treasury yields spiked and gold rose to a new all-time high, while Bitcoin mirrored stocks. The Dow Jones Industrial Average shed more than 500 points, or 1.1%, and the S&P 500 slipped 1.2%, as Wall Street’s holiday-shortened trading week began on a negative note. The Nasdaq Composite led the major gauges lower, sliding…

Sumit Gupta, co-founder of CoinDCX, has shared the achievement of India on his X. India has once again secured the top spot in the Global Crypto Adoption Index. The 2025 report from Chainalysis ranks India first for the third consecutive year. This marks a significant milestone for the country’s growing digital asset industry. The CoinDCX CEO wrote, “A hat trick for India.” He highlighted the country’s dominance in grassroots adoption. His remarks reflect the confidence within India’s crypto community. The report shows India ranking first across every metric. Including retail activity, institutional flows, and decentralized finance usage. This broad performance…

Gold-backed IRA provider SmartGold is moving $1.6 billion of vaulted assets onchain through a partnership with tokenization platform Chintai Nexus, potentially opening the door to tokenized gold investments through self-directed US Individual Retirement Accounts (IRAs). Each gold token is backed one-for-one with physical bullion and can be deployed as collateral across decentralized finance (DeFi) lending protocols, the companies said Tuesday. The structure works by having investors purchase and store vaulted gold through a SmartGold self-directed IRA. Chintai then tokenizes the holdings, issuing digital representations tied directly to the physical asset. Those tokens can be used as collateral on platforms such…

Although Ethereum and altcoins are in a general downward trend, some altcoins in South Korea have experienced a notable increase in trading volume. When data from South Korea’s largest cryptocurrency exchanges Upbit and Bithumb are combined, Ethereum (ETH) and XRP took the top two places in total trading volume. Upbit dominated the Korean cryptocurrency market last week, maintaining higher trading volumes than Bithumb. Upbit’s daily trading volume has typically exceeded $5 billion, peaking near $7.5 billion. In contrast, Bithumb’s trading volume has been relatively modest, typically hovering between $1 billion and $2 billion daily. When it comes to altcoins, ETH…

St. Petersburg’s Pulkovo Airport, one of Russia’s busiest, is accepting digital rubles for parking with plans to expand the range of services that can be paid for with the national coin. The airline hub’s first digital ruble payment comes well ahead of the gradual introduction of the state-issued digital currency for public use, scheduled to begin a full year from now. Russian pays for parking with digital rubles Pulkovo has become the first Russian airport to integrate the digital ruble as a payment method, the RIA Novosti news agency reported Monday, quoting Northern Capital Gateway, the company that runs the…

After the agreement between Al Maryah Community Bank (MBank) and the Abu Dhabi Judicial Department (ADJD) to enable AE Coin payments for judicial services, the first legal firm in UAE, Mohammed Sultan Al-Naimi Advocates and Legal Consultations is now accepting legal fees via AE Coin, the nation’s first Central Bank-regulated AED stablecoin. Users through the AEC Wallet will be able to make secure, efficient, and compliant payments for legal services. “As a forward-thinking legal firm, we are proud to align with national efforts to digitalize services across sectors,” said Mohammed Al Nuaimi, Founder of Mohammed Sultan Al-Naimi Advocates and Legal…