Author: NBTC

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…

Bitcoin’s price movement remained sideways today, showing little reaction as the crypto community commemorates the day BTC’s market capitalization first crossed the $1 trillion mark in 2021. It has traded below $100,000 for over two weeks, and technical and on-chain data hint at the likelihood of an extended stay below this critical price point. Bitcoin Marks Trillion Dollar Anniversary But Stalls Below $100,000 On this day in 2021, Bitcoin’s market capitalization surpassed $1 trillion for the first time. Since then, it has nearly doubled, with the leading coin’s market cap now valued at $1.9 trillion. Interestingly, as the market commemorates…

The White House confirmed that a 25% tariff on steel and aluminum imported from Canada and other countries will go into effect at midnight on March 12. President Donald Trump, who previously threatened to raise the tariffs to 50%, ultimately opted against a higher increase, offering no exemptions or waivers. “Pursuant to previous executive orders, the 25 percent steel and aluminum tariff will go into effect at midnight on March 12, with no exceptions or waivers for Canada and all of our other trading partners,” White House spokesperson Kush Desai said in a statement announcing the decision. Trump first said…

David Portnoy doubled down on his meme token drive, launching GREED, another high-risk meme. Portnoy sniped a big portion of the supply early on, while traders later posted deep losses. David Portnoy launched GREED, another meme token with a high-risk profile. The launch arrived just days after Portnoy caused deep losses through the Jailstool token, and later shilled for LIBRA, the failed meme token supposedly backed by Argentina. This time, Portnoy performed an even more blatant rug pull. He bought 35.79% of the supply, then sold all the tokens in a single transaction, making the price tank by 99%. The…

A Trump family representative held talks to buy a stake in Binance’s U.S. arm, according to a Wall Street Journal report on Thursday. The stake could have been acquired through Trump-family backed crypto project World Liberty Financial, the report said, citing people familiar with the matter. Steve Witkoff, a friend of the U.S. president, was involved in the deal talks, the report added. Witkoff and his family founded World Liberty Financial two months before Trump was elected President in November. The talks started last year after Binance reached out to Trump’s allies offering to reach a deal with the family…

Paolo Ardoino, CEO of Tether, stated today that USDT stablecoin adoption in developing nations effectively creates a decentralized market for US debt, positioning everyday people as indirect purchasers of American treasuries through Tether’s reserves. Speaking at the Bitcoin Policy Institute, Bitcoin for America event, Ardoino highlighted Tether’s significant role in maintaining US dollar dominance globally while simultaneously warning about BRICS nations’ potential challenge to this supremacy through gold accumulation. The CEO described USDT as serving a temporary “bridge” function in emerging markets where people need access to the US dollar for savings. Ardoino warned that BRICS nations are actively seeking…