Author: NBTC

Regulatory Pressures and the FATF Grey List Financial technology startup Hurupay is exiting the Kenyan market as local regulators intensify anti-money laundering checks and compliance audits on digital asset platforms. The exit comes as Kenya accelerates regulatory interventions to secure its removal from the “grey list” maintained by the Financial Action Task Force (FATF), an international financial crime watchdog. The FATF placed Kenya on its increased monitoring list in 2024 due to structural deficiencies in the country’s systems for combating money laundering and terrorist financing. Since the listing, Kenya has implemented several corrective measures, including the adoption of a legal…

South Korea’s leading cryptocurrency exchanges, Upbit and Bithumb, have announced they will add the $DRV token to their trading lists. According to the announcements, $DRV will be listed on Upbit against South Korean won (KRW), Bitcoin ($BTC), and Tether ($USDT), while Bithumb will only offer the token in the KRW trading pair. The simultaneous listing decision by the two major exchanges is being closely watched by the market as it is expected to increase the project’s visibility and liquidity. According to Upbit’s official announcement, the $DRV token will begin trading on the KRW, $BTC, and $USDT markets. Thanks to multi-pair…

Morpho has restored its frontend and API after a temporary disruption that its engineering team linked to a possible Amazon Web Services CloudFront outage. Morpho principal engineer Julien reported that app.morpho.org and api.morpho.org were partially unavailable on July 16. He said the team suspected a “potential AWS CloudFront outage” and was working on a way to restore traffic. Morpho restores services after partial outage Around three hours later, Julien confirmed in a follow-up update that the affected services had recovered. He said “all Morpho services are back and stable,” although performance could still experience some effects following the disruption. All…

Bitcoin’s four-year cycle, tied to the halving and retail demand, is no longer the dominant market model, said Strategy chairman Michael Saylor as he published an analytical breakdown that broke down how the cryptocurrency is moving into the status of “digital capital”, now dependent on large institutional inflows. According to the head of the largest corporate holder of the cryptocurrency, the reduction of coin issuance by miners has lost its former importance. The well-known investor now names new sources of demand as the main market driver. Bitcoin’s trajectory is now shaped by large capital flows: Spot Bitcoin ETFs and equity-market…

Ray Dalio just laid out five hard truths about how markets really work. For crypto-only investors, one of them reads like a warning. The billionaire built one of the world’s largest hedge funds. He posted the lessons in a note after decades of global macro investing. The Five Hard Truths Dalio argues that most people fall into a style of investing by accident. He recommends one approach above all, global macro long-short, and gives five reasons. First, macro forces move every market. Your split across stocks, bonds, gold, and commodities matters more than any single stock pick. Second, the biggest…

Scroll has extended the application deadline for its Delegate Contribution Program, allowing more time for interested parties to apply. The new deadline is set for March 13, 2026, at 7:00 PM UTC, as announced via their official Twitter account. The initiative aims to encourage research into the Scroll ecosystem and allocate a total of $18,000 USD to support the projects that emerge from this program. The Key Development The broader crypto market is currently exhibiting mixed signals, with traders closely monitoring various assets. In this context, the announcement from Scroll ZKP comes as a timely opportunity for participants interested in…

South Korea’s National Tax Service (NTS) has taken a significant step toward regulating digital assets by establishing a new Digital Asset Division dedicated to preparing for the taxation of virtual assets. The division, which began formal operations this month, is tasked with overseeing all tax-related matters for cryptocurrencies and other digital assets, signaling the government’s intent to enforce tax compliance in the sector starting next January. New Division Structure and Leadership The NTS appointed Lee Soon-yong, previously head of the Nam-Bucheon Tax Office, as the director of the Digital Asset Division on June 30. The division is structured with three…

Binance, one of the world’s largest cryptocurrency exchanges, announced that it will remove certain trading pairs from its platform as part of its regular reviews of spot market trading pairs. According to a statement from the exchange, four spot trading pairs will be delisted following recent evaluations based on low liquidity, insufficient trading volume, and other criteria affecting market quality. According to Binance, the $GLM/$BTC, KNC/$BTC, $ONT/$BTC, and XAI/USDC trading pairs will be removed from the platform on July 17, 2026, at 06:00 AM, and trading in these pairs will be completely stopped. The exchange stated that this decision was…

A Change of Guard The number of wallets holding tokenized real-world assets ( RWAs) on Solana topped 300,000 for the first time earlier this week, placing the network first among all blockchains by holder count and extending a lead the network established over Ethereum earlier this year. The tracker’s live dashboard listed 2,121 tokenized assets on Solana, with a distributed RWA value of $3.32 billion, up 11.09% over the past 30 days. Transfer volume tied to those assets reached $7.65 billion over the same window, a 34.53% month-over-month increase. Securitize CEO Carlos Domingo, whose firm issues some of the largest…

Legendary commodities trader Peter Brandt has revealed that he is considering selling a portion of his Bitcoin holdings to reallocate the capital into gold. He has predicted that the lustrous metal is currently on track to “gain substantially on Bitcoin.” A major reversal? The chart attached by Brandt shows Bitcoin’s massive outperformance against the traditional safe-haven asset. However, the price action has flattened out in recent years. There is now a distinct rounding bottom or “saucer” pattern. I am contemplating selling some of my Bitcoin and going to Gold with the money.Looks to me that Gold is going to gain…