Author: NBTC

Japan’s government is considering incorporating cryptocurrencies into the Financial Instruments and Exchange Act (FIEA), a move away from their current classification under the Payment Services Act. The move seeks to strengthen investor protection and align crypto oversight with securities regulation, though the advisory council remains concerned about the potential risks of extending this framework too broadly. Japan Considers Major Shift in Crypto Regulation The Financial Services Agency (FSA) presented a proposal during a Financial System Council working group on September 2 to regulate cryptocurrencies under the Financial Instruments and Exchange Act (FIEA). Currently, crypto assets are governed by the Payment…

eToro has added USD Coin, a fiat-backed stablecoin. USDC is created by Circle and Coinbase through the Centre Consortium. Each token is designed to maintain a 1:1 peg with the U.S. dollar, with reserves held by the issuer. This addition follows eToro’s Nasdaq listing and its other initiatives in the crypto space. USDC operates across multiple blockchains, including Ethereum. It allows fast and low-cost transfers without the limitations of banking hours or international fees. eToro users can now buy and sell USDC on the platform. They can also convert USDC to fiat and, where available, withdraw it to the eToro…

After funding hundreds of projects with millions of dollars, the Ethereum Foundation is temporarily pausing the Ecosystem Support Program’s (ESP) open grant application process to refocus on a more proactive funding model that is better aligned with the ecosystem’s strategic needs. The transition comes as the foundation faces challenges reviewing the high volume of inbound applications, which it said has left “limited capacity to pursue new strategic opportunities.” In a Friday blog post, the Ethereum Foundation stressed that the ESP will continue funding new projects, but under a refined approach to grantmaking. More details are expected in the fourth quarter,…

Fed Chairman Jerome Powell will be releasing important consumer price index (CPI) reports on September 11. Financial markets eagerly anticipate such reports, to get a glimpse into inflationary trends within the economy. The remarks of Powell, particularly in the recent economic climate, should have a market impact and affect trading appetite in a host of asset classes. CPI is an index of the average movement of prices paid by consumers on the goods and services within the time. It is considered, probably, the most significant measure of inflation and is published month by month by the U.S. Bureau of Labor…

Key Takeaways Binance launched Medá, an IFPE entity in Mexico, backed by over $53 million to expand financial technology services. Medá aims to enhance financial inclusion and provide affordable transaction solutions for Mexican pesos within the Binance ecosystem. Binance has established a new entity in Mexico, Medá, which will operate independently as an Electronic Payment Funds Institution (IFPE) and focus on advancing financial technology services across Latin America. Medá, authorized and supervised by Mexican financial authorities, will facilitate deposits and withdrawals in Mexican pesos within the Binance ecosystem, which currently serves over 285 million users around the world. Medá is…

KuCoin cryptocurrency exchange is aiming to capture 10% of the blockchain mining capacity behind the world’s largest memecoin, the Dogecoin network, through the launch of a new cloud mining platform. KuCoin exchange is launching a cloud mining platform that offers retail and institutional investors access to verifiable hashrate backed by global mining facilities with 300 megawatts (MW) to 2 gigawatts (GW) of power resources. The new platform, KuMining, will offer investors access to Bitcoin (BTC) and Dogecoin (DOGE) hashrate and merged mining for Litecoin (LTC). The platform is launching with a hashrate of approximately 10 exahashes per second (EH/s) and…

Ethereum’s derivatives markets are flashing heightened activity as open interest climbs across futures and options, while liquidations reveal heavy pressure in recent trading sessions. Ethereum Open Interest and Options Activity Hit New Highs as August Comes to a Close Ethereum futures open interest has expanded sharply in recent weeks, climbing to more than $60 billion across exchanges. This marks a steep increase from early summer levels near $30 billion, suggesting traders have rapidly built leveraged positions. ETH futures open interest on Aug. 29, 2025, according to coinglass.com stats. The CME, Binance, and Bybit remain dominant venues, with CME reporting 2.12…

WLFI could make market structure bill, CLARITY Act harder to pass the Senate due to close ties with the President. Experts say Trump-related crypto company will create conflicts of interest and many will oppose the bill. The bill is scheduled to complete by Sepetmber 30 but can extend. The Trump family’s crypto company, World Liberty Financial, recently started trading under the symbol $WLFI. Experts are concerned that the company’s close ties to the president and its active role in crypto could make it harder for the Senate to pass the market structure bill. Will World Liberty Complicate the Market Structure…

RAK Properties, one of the largest publicly traded real estate company in the Ras Al Khaimah emirate of the United Arab Emirates (UAE), will start accepting cryptocurrency for international property transactions. According to a Monday announcement, RAK Properties will begin accepting payments in Bitcoin (BTC), Ether (ETH) and Tether’s USDt (USDT), among others. The move underscores the growing adoption of digital assets in the UAE, a sector projected to become one of the country’s largest in the coming years. Crypto transactions will be handled by Hubpay, a global payments platform based in the region. Hubpay will convert digital assets into…

American Bitcoin (ABTC), a newly public bitcoin mining and treasury firm backed by Donald Trump Jr. and Eric Trump, opened for trade Wednesday morning after completing its merger with Gryphon Digital Mining (GRYP). Wasting little time, the company filed for an at-the-market equity raise of up to $2.1 billion with which to continue building its bitcoin BTC$112,292.99 holdings (which footed to 2,443 coins at the time of the merger). Shares have rocketed 60% to $11 versus the $6.90 price at the time of the merger Tuesday evening. Its the latest chapter in American Bitcoin’s rapid formation, which began in March…