Author: NBTC

In a landmark development for South Korea’s financial sector, Jeonbuk Bank has officially commenced building a proprietary cryptocurrency wallet, signaling a decisive shift toward digital asset integration within traditional banking frameworks. This strategic initiative, first reported by the Seoul Economic Daily on March 21, 2025, leverages a critical partnership with the domestic crypto exchange Gopax to provide customers with real-name verified deposit and withdrawal accounts. Consequently, this move positions the regional bank at the forefront of a nationwide banking transformation. Jeonbuk Bank Cryptocurrency Wallet: A Strategic Deep Dive Jeonbuk Bank’s foray into digital asset custody represents a calculated response to…

U.K. investors will no longer be able to add crypto exchange-traded notes (ETNs) to their tax-free individual savings accounts (ISAs) after the start of the new tax year on April 6, the Financial Times (FT) reported on Wednesday. The tax authority, His Majesty’s Revenue and Customs (HMRC), will reclassify cryptocurrency ETNs as qualifying instruments only for Innovative Finance ISAs (IFISAs), rather than the more mainstream stocks and shares ISAs. ISAs allow users to put away up to 20,000 pounds ($27,000) a year without paying income tax or capital gains tax on the returns. The two main types are cash ISAs,…

UK politicians concerned with foreign interference in politics are calling for temporary restrictions on crypto donations to be put in place until permanent legislation is drafted. The Joint Committee on the National Security Strategy called for the measures in a letter to the UK’s Communities Secretary, Steve Reed, on Tuesday. In the letter, Committee Chair Matt Western recommended five temporary measures: A temporary ban on accepting crypto donations until the Electoral Commission publishes its own guidance on interim crypto measures. Crypto donors should be prevented from using crypto firms that aren’t registered with the Financial Conduct Authority to make their…

Cryptocurrency exchange Binance has announced it will remove some spot trading pairs from its platform on February 27, 2026. The company stated that it regularly reviews listed spot currency pairs to protect users and maintain a high-quality trading environment, and that some pairs may be delisted based on criteria such as low liquidity and insufficient trading volume. Following the latest assessment, trading in the following spot currency pairs will cease on February 27, 2026, at 06:00: DOT/BRL, $GALA/BRL, $GALA/EUR, $GRT/ETH, $GRT/EUR, OP/EUR, and SOL/ARS. The statement specifically emphasized that ARS, BRL, and EUR are fiat currencies and do not represent…

CEA Industries, positioned as the world’s largest $BNB treasury company, has seen its value drop by 95 percent since its peak last year, and is blaming the decline on the family office of Binance founder Changpeng Zhao (CZ). In a press release, the company demanded that details of an alleged “secret side agreement” signed between CZ’s family office, YZi Labs, and 10X Capital Asset Management LLC be disclosed. The agreement is said to coincide with a $500 million PIPE (Private Investment in Public Equity) transaction in July 2025, which saw the company’s shares reach a 52-week and multi-year high of…

The crypto industry demonstrated in the last U.S. elections that $100 million spent on congressional campaigns could influence policy outcomes for the sector, so when an emerging crypto political action committee anonymously promised to bring that amount to the 2026 table, it suggested a significant new (unidentified) voice in digital assets politics. But the Fellowship PAC never arrived. A September press release received wide attention last year as a major leap in the industry’s already hefty campaign spending from the more established leading super PAC, Fairshake. Among its backers, the new group was reportedly to include Tether, the global leader…

Business-to-business (B2B) stablecoin payments ballooned over 730% year-over-year in 2025, according to a new report by Artemis and Stablecon. Monthly stablecoin volume in billions USD across countries. Source: Artemis For cross-border payments, the United States received the largest stablecoin flows into the country, with nearly $127 billion monthly. China emerged as the second-largest country for receiving stablecoin payments from international senders, processing nearly $71 billion per month on average, followed by Hong Kong with almost $51 billion. Stablecoin payments by type. Source: Artemis The report estimates that total annual stablecoin payments soared to $390 billion, more than double 2024 levels,…

American Bitcoin (ABTC) is expanding its Bitcoin mining operations by purchasing 11,298 new ASIC equipment. The acquisition is expected to increase the company’s total capacity by 12%, supporting its strategy of accumulating $BTC through mining operations. The 12% Capacity Expansion ABTC said in a March 3 press release that the new miners will add 3.05 exahash per second (EH/s) to its owned capacity, with the machines scheduled for deployment in March 2026 at the Drumheller site in Alberta, Canada. Each unit is expected to operate at an efficiency rate of approximately 13.5 joules per terahash (J/TH), compared with the company’s…

The artificial intelligence boom could end in recession. Economists at Moody’s Analytics now put the odds at 45 percent. The warning comes as a separate report from Moody’s Ratings exposes how the country’s biggest tech companies have buried more than half a trillion dollars in future obligations that don’t appear on their financial statements. Moody’s Analytics laid out the recession scenario in stark terms. The economists said AI companies have taken on dangerous debt loads using financing methods that lack transparency. This assessment gained credibility when Moody’s Ratings uncovered exactly how opaque the situation has become, finding $662 billion in…

Authorities in Hong Kong are accelerating financial innovation as hong kong crypto regulation enters a new phase with sweeping reforms planned through 2026. New stablecoin licenses and broader digital asset rules Liquidity, derivatives access and market development Tokenization push for bonds and registries Tax and transparency reforms aligned with global standards New stablecoin licenses and broader digital asset rules Hong Kong is preparing a major overhaul of its digital asset framework, confirming that the first batch of stablecoin issuer licenses will be granted next month under a new regime. The framework was designed last year, and authorities now move from…