Author: NBTC

Cyprus is set to introduce a new, dedicated tax regime for digital assets, offering brokers a competitive 8% flat tax on crypto-related profits. However, this favorable rate comes as part of a much larger overhaul that may result in dramatically higher regulatory burdens and operational costs. The proposed tax reform, expected to take effect from January 1, 2026, is a strategic trade-off. Cyprus is positioning itself as a low-tax crypto hub within the EU, but the price of entry is full transparency and a significant increase in compliance overhead. The New “Cyprus Deal” for Brokers The reform creates a mixed…

South Korea’s largest cryptocurrency exchanges, Upbit and Bithumb, have seen a significant increase in trading volume over the past 24 hours. This surge in volume seen in Korean won currency pairs points to demand from individual investors, particularly concentrated in certain altcoins. When spot market data from the two exchanges is combined, it becomes clear that some altcoins have achieved trading volumes above global averages in the South Korean market. Assets like XRP, GAS, ZKP, and STORJ stand out on both Upbit and Bithumb, while some projects have generated strong volume on only one exchange. Here are the altcoins that…

Ether is making a hidden bullish announcement. The crypto overer Crypto Rover states that validator entries have overtaken validator exits once again, and staking changed the dynamics in the staking market. This trend shows that more ETH holders are opting to lock their holdings into the network and not redeem it, a pattern which coincides with previous timeframes of low selling pressure and price stability. According to data that is validated, the entry queue has soared to almost 740,000 ETH, whereas the exit queue has declined to approximately 350,000 ETH. This is the first point in a long time since…

The minutes of the Federal Reserve’s interest rate decision meeting held on December 9-10 have been released. Here are the details you need to know about those minutes: A minority of participants argued that a rate cut in December would not be reasonable. Policymakers stressed that it needed to be clearly communicated that the purpose of Treasury bond purchases was solely to ensure interest rate stability and that this was not related to monetary policy. Most participants indicated that shifting to a more neutral policy stance would help prevent a potential deterioration in the labor market. Participants believed that reserve…

Kim Byung-kee, floor leader of South Korea’s Democratic Party, is facing scrutiny following a report alleging that he sought to pressure Dunamu, the operator of cryptocurrency exchange Upbit, after his son secured a position at a competitor. According to a Sunday report by news outlet Kyunghyang Shinmun, Kim, a member of the South Korean National Assembly’s Political Affairs Committee, allegedly tried to secure a job for one of his sons at crypto exchange Bithumb while simultaneously raising concerns in the National Assembly about Upbit, a competitor crypto exchange operated by Dunamu. The report claims that Kim instructed his staff to…

BitMart shows deeper, more stable Bitcoin and Ethereum perpetual order book liquidity than rival exchanges, supporting tighter spreads and lower slippage for traders. Summary BitMart maintained higher order book depth in BTC perpetual markets than rival exchanges across the observed window.​ ETH perpetual markets showed similar patterns, with BitMart’s liquidity building steadily while competitors’ books were flatter or more uneven.​ Deeper top-of-book liquidity supports tighter spreads, lower slippage, and more predictable execution during volatile conditions.​ Cryptocurrency exchange BitMart has demonstrated higher order book depth in Bitcoin and Ethereum perpetual markets compared to competing platforms during a recent observed period, according…

Ethereum (ETH), the largest altcoin, entered a downtrend after reaching its all-time high in August. Ethereum, which fell to levels around $2,600, is struggling to stay above $3,000. As Ethereum attempts to break through the $3,000 resistance level, the daily transaction count on the ETH mainnet has reached an all-time high. According to Etherscan data, the Ethereum mainnet reached an all-time high this week with 2.2 million daily transactions. Daily trading volume reached a record high, while average transaction fees dropped to 17 cents. Transaction fees have been on a downward trend since they exceeded $200 in May 2022. Analysts…

Robinhood Markets’ chief investment officer said the trading platform expects positive stock market performance in 2026, though returns may not reach double-digit levels. Summary Robinhood expects a positive stock market in 2026, though the firm does not anticipate double-digit returns, according to its chief investment officer. Retail activity remains strong but has cooled, with customer participation and net buying down from late-October peaks despite solid engagement earlier in the year. Market leadership is expected to broaden, with growth spreading beyond large-cap tech into other sectors that Robinhood believes will better support overall S&P 500 performance. Stephanie Guild, CIO of Robinhood,…

China’s Supreme People’s Court appears to have had enough with the uptick in cybercrimes that have become the unfortunate offshoot of the rapid development of cryptocurrencies. It is now emphasizing the need for comprehensive laws regarding digital currencies and virtual property. Countries around the world, including China, are adapting their laws in order to keep up with these developments, as China’s Supreme People’s Court published its “Digital Rule of Law” journal, stressing the need to improve the laws for digital transactions and virtual assets. Does China’s Supreme Court have digital currency laws? The Supreme People’s Court published the sixth issue…

Standard Chartered and Ant activate tokenized deposits for nonstop global liquidity. Businesses can move HKD, CNH, and USD instantly across regions without banking hour limits. The system runs inside Hong Kong Project Ensemble under active regulatory supervision. Standard Chartered Bank Limited in Hong Kong and Ant International have launched a blockchain-based tokenized deposit system that enables funds to move in real time. The commercial rollout enables value transfers in Hong Kong dollars, Chinese yuan, and US dollars across Ant International’s global entities without waiting for traditional banking hours. The launch follows a Hong Kong dollar test settlement completed last year…