Author: NBTC
The Cayman Islands has updated its crypto regulatory regime, introducing new licensing rules through a legislative amendment. From 1 April 2025, entities offering virtual asset custody and trading platform services in or from the Cayman Islands must obtain a licence. Mandating a Licence for All The update in crypto licensing has been clarified through the latest Virtual Asset (Service Providers) (Amendment) Regulations, 2025, which has already received approval from the country’s lawmakers. The Cayman Islands Monetary Authority (CIMA) will oversee the regulated crypto firms. Under the new rules, existing virtual asset service providers (VASPs) already operating in or from the…
Parasol, the gaming infrastructure subsidiary of Sui network contributor Mysten Labs, announced Friday that the upcoming trading card game Code of Joker: Evolutions—based on a licensed IP from gaming giant Sega—will launch on Sui. The digital trading card game, developed by Jokers Inc., represents the revival of a series first launched by Sega in 2013. The original Code of Joker game was built for arcades, but this version will be playable via web browsers and mobile devices. Code of Joker: Evolutions will bring its digital trading cards onto the Sui blockchain, allowing players to prove ownership, trade, and showcase collections.…
Wallet in Telegram is getting a new upgrade with a new interface, expanded crypto trading, and permanent rewards for holding TON and USDT. Crypto wallet dubbed “Wallet in Telegram,” which is developed by a third-party company called The Open Platform and based on Telegram as a mini-app, has rolled out new features, adding support for multi-asset trading and passive income through yield rewards. In a March 13 announcement on its official channel, Wallet in Telegram revealed that users could soon trade “hundreds of new cryptocurrencies,” including Bitcoin (BTC) and memecoins like PEPE (PEPE), as well as earn “long-term passive rewards”…
Michael Saylor, the executive chairman of Strategy, has published a regular daily post on the X social media platform to endorse Bitcoin and also attract attention to his company. Saylor sends stylish “Bitcoin Strategy” message This time he published a tweet which seems a little cryptic but it also seems to be a play on the word “strategy” as a regular noun and as the title of Saylor’s company. Earlier this month, he took a bold step and cut off the “Micro” element, turning his company from MicroStrategy to just Strategy. The tweet contains a clear reference to Bitcoin –…
Although a vocal group of pro-crypto influencers has blamed a government conspiracy they call “Operation Chokepoint 2.0” for de-banking crypto customers, further research has cast doubt on their claims. Operation Chokepoint 2.0 is the name given to the idea that banks, under the direction of the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC), were deliberately cutting services to crypto-related businesses. The operation allegedly takes its lead from the program launched by the Obama administration that saw banks strong-armed into denying services to a range of undesirable industries, including pornography and payday…
The Cabinet of Japan has green lit a proposal to amend the Payment Services Act, which would ease regulations for stablecoins and crypto brokerages. According to a press release issued by the country’s Financial Services Agency, the bill has already been approved by the Cabinet and was submitted to the National Diet on the same day. The bill was previously approved by the FSA and could potentially make it easier for crypto firms to enter the Japanese market. For a bill to pass through the National Cabinet, it must receive a majority vote from the Cabinet members present at the…
Crypto trading volumes dropped sharply in February as concerns that President Donald Trump’s tariffs on Mexico, Canada and other countries would stifle international trade reduced investor demand for adding to risky investments. Combined spot and derivatives trading volume on centralized exchanges fell 21% to $7.2 trillion, the lowest level since October, according to CoinDesk Data’s latest Exchange Review. Since November, the Trump administration has threatened to impose tariffs on trading partners including China and the European Union in response to what it considers unfair trade practices against the U.S. in various industries. Among centralized exchanges, Binance maintained its position as…
Circle senior director of policy and strategy Patrick Hansen said over 50 European banks already offer crypto-related services. The Circle Executive shared this fact while reacting to the recent guidance by the US Office of the Comptroller of Currency (OCC). The OCC recently released a statement saying that banks can now engage in some crypto services, including stablecoins and crypto custody. While many have welcomed the move as an end to Operation Chokepoint 2.0, Hansen noted that US banks are behind their European counterpart. According to Hansen, European banks have spent the past few years building their infrastructure and expertise…
One of the U.S. Securities and Exchange Commission’s regulation proposals that was meant to grab segments of the crypto space under the agency’s jurisdiction had sought to expand what trading venues it believes need to register in a way that included digital assets businesses, and Acting Chairman Mark Uyeda is looking to reverse that effort. The rule has been years in the making and is waiting to be finalized at the agency, but Uyeda has asked staff at the SEC to put the brakes on that. “In my view, it was a mistake for the commission to link together regulation…
Swell Network has announced its integration of Obol Collective’s Distributed Validators (DVs) into its liquid restaking protocol. This partnership aims to improve staking performance, enhance security, and boost rewards for users. Obol shared this news on X and via its official blog as well. Obol Distributed Validators (DVs) are being integrated into the @Swellnetworkio liquid restaking protocol to modernize their staking stack!What this means for the Swell community:✅ Better Performance✅ Less Risks✅ More Rewards🧵👇 pic.twitter.com/6Y0rPCBm8C — Obol Collective (@Obol_Collective) March 12, 2025 Strengthening Staking with Obol: Higher Performance, Lower Risks By adopting Obol’s DVs, Swell is upgrading its staking infrastructure…