Author: NBTC

Belarusian President Alexander Lukashenko is urging the nation’s banks to ramp up their use of digital assets in a bid to blunt the impact of Western sanctions. “Today, cryptocurrency-based transactions are more active than ever, and their role in facilitating payments is growing,” Lukashenko said in a meeting held on Tuesday with officials from the country’s National Bank, including heads of the country’s top commercial banks. External payments through exchanges have racked up $1.7 billion in the first seven months of the year, with estimates suggesting volumes could reach $3 billion by December, President Lukashenko said. He also discussed tokenization…

Tether, the world’s largest stablecoin issuer by market share, has announced that it will align with the US stablecoin regulation known as the GENIUS Act. The new regulatory framework will apply to both of Tether’s stablecoin offerings: the widely used USDT and its newer, US.-asset-backed counterpart, USAT. USDT to Comply with GENIUS Act Bo Hines, Tether’s US Operations Lead, confirmed the move during a press conference held Tuesday at the Korea Blockchain Week (KBW2025) in Seoul. “I believe that both USDT and USAT will meet the same compliance standards outlined in the GENIUS Act,” Hines said at the conference. BeInCrypto…

In a significant announcement for its users, South Korean cryptocurrency exchange Upbit has declared a temporary suspension of its account verification and Korean Won (KRW) deposit and withdrawal services. This unexpected move stems from an emergency inspection initiated by its KRW service provider. This Upbit KRW suspension directly impacts how users interact with their funds on the platform. What Does This Upbit KRW Suspension Mean for Users? The temporary halt in services means that users will not be able to deposit new KRW into their Upbit accounts or withdraw existing KRW balances. Furthermore, the ability to complete new account verifications,…

Ethereum developers have officially set December 3, 2025, as the date for the long-awaited Fusaka upgrade. Traders are already watching closely to see if Fusaka can fuel the next major rally. The trading strategy that follows was generated by AI using real-time market context, the historical impact of Pectra, and structured prompts designed to filter out human bias. The result is a practical, step-by-step plan aimed at helping new investors enter Ethereum ahead of Fusaka without chasing the market or taking on unnecessary risk. What Is The Ethereum Fusaka Upgrade? The Fusaka upgrade is Ethereum’s next major network update. Its…

South Korea’s stock index KOSPI has surged to its all-time high in four years and two months, signaling a bullish run in the local stock market. An intense wave of foreign buying drove the rally, while shares of crypto-related companies also climbed. South Korean President Lee Jae-myung will outline key financial policies at his 100-day press conference on September 11. Market Reform Hopes Push KOSPI to Record High The KOSPI opened at 3336.60, another ATH, on Thursday, after closing at 3,314.53 the day before, up 1.67% from the previous day. Wednesday reached an intraday peak of 3,317.77. This surpassed the…

Austria’s top central banker wants Europe to stop playing catch-up on crypto and financial regulation. Martin Kocher, who also sits on the European Central Bank’s (ECB) Governing Council, said on Tuesday in Vienna that the growing weight of crypto businesses is dragging in new demands for rules, but instead of adding more, the region should start cleaning up the mess it already has. He was speaking at a financial oversight event hosted by Austria’s regulator. “Realistically, the focus will have to be on limiting potential growth,” Martin said. “But it would be important to review the existing regulations and, for…

The cryptocurrency world is buzzing with news that underscores the critical importance of regulatory adherence. Specifically, KuCoin compliance failures have resulted in a significant penalty from Canadian authorities, sending a clear message to exchanges operating globally. This development highlights the growing scrutiny faced by digital asset platforms and the urgent need for robust anti-money laundering (AML) measures. What Exactly Led to These KuCoin Compliance Failures in Canada? Canada’s anti-money laundering (AML) agency, FINTRAC, has taken decisive action against Peken Global Limited, the entity operating the popular KuCoin cryptocurrency exchange. The agency imposed a substantial fine of 19.6 million Canadian dollars,…

BitMine Holdings has purchased 15,427 ETH from Galaxy Digital, totaling close to $69 million. Under Chairman Tom Lee’s guidance, the company continues to strengthen its position among the top institutional holders of Ethereum. It is now holding around 2,141,445 ETH, about $9.6 billion at current prices. So, this latest Ethereum acquisition highlights BitMine’s steadfast commitment as a core pillar of their long-term growth and treasury strategy. Simply put, Ethereum became the focal point of their expansion plans. Will BitMine Holdings Push ETH Market Sentiment Higher? BitMine Holdings has made a move in the Ethereum space, dropping almost $69 million on…

South Korea is reportedly lifting restrictions that have prevented crypto businesses from qualifying as venture companies, giving them new access to tax breaks and financing support. During a cabinet meeting on Tuesday, South Korea’s Ministry of SMEs and Startups said it had passed a partial revision to the Enforcement Decree of the Venture Business Act to remove the restrictions on virtual asset trading and brokerage businesses, according to South Korean news outlet the KoreaTechDesk. The change, slated to take effect on Sept. 16, will allow crypto firms to apply for venture certification, which opens up options for tax breaks and…

The cryptocurrency world is buzzing with significant news from Washington D.C. The White House is reportedly considering Josh Sterling for the pivotal role of Josh Sterling CFTC chair, as reported by SolidIntel. This potential appointment could have substantial ramifications for the digital asset landscape, especially given the Commodity Futures Trading Commission’s (CFTC) increasing oversight of crypto markets. Who is Josh Sterling and Why Does He Matter for the CFTC? Josh Sterling is certainly no stranger to the regulatory environment. He previously held a senior position within the CFTC, bringing a wealth of experience in financial derivatives and market oversight. His…