Author: NBTC

Australia is set to intensify oversight of crypto ATMs by granting the Australian Transaction Reports and Analysis Centre (AUSTRAC) authority to restrict or ban high‑risk services. Regulators cite growing concerns over fraud, money laundering, and other illicit activities linked to these machines. Rapid Expansion Raises Concerns The number of crypto ATMs in Australia has surged from roughly 23 in 2019 to over 2,000 today. A survey of frequent users indicated that about 85 % were either victims of scams or acting as intermediaries for illicit funds. AUSTRAC estimates around 150,000 transactions occur annually through these machines, with a total value of roughly…

A South Korean lawmaker is pressing the Financial Services Commission (FSC) to hold Binance accountable for fully compensating users of the GOPAX exchange. Democratic Party lawmaker Min Byeong-deok raised the issue during a National Assembly audit, questioning FSC Chairman Lee Eog-weon about the incomplete repayments following GOPAX’s service disruption. The core issue stems from GOPAX’s exposure to the bankrupt U.S. firm Genesis Global Capital, which froze user funds. Min estimates the outstanding damages range from 10 billion to 50 billion won (approx. $7.2 million to $36.2 million). Lawmaker Questions Binance Deal Structure Min Byeong-deok highlighted that Binance’s acquisition of GOPAX…

Ethereum price is eyeing a recovery as U.S. spot exchange-traded funds record $141 million in inflows, indicating renewed investor confidence after days of outflows. Summary Ethreum trades near $3,857 after three days of ETF outflows reversed. Spot ETH ETFs saw $141M inflows led by Fidelity and BlackRock. Key support is at $3,800, with next resistance seen near $4,500. Ethereum is trading at $3,857, down 0.2% in the past 24 hours. Over the last seven days, the token has fluctuated between $3,709 and $4,183, resulting in a 10% drop over the previous 30 days and a 6% weekly loss. Ethereum is…

The top banking regulator in the U.S. dismissed fears that stablecoins could trigger a sudden deposit crisis, urging community banks to view the digital assets as tools for competing with Wall Street giants rather than existential threats. Jonathan Gould, head of the Office of the Comptroller of the Currency, told attendees at the American Bankers Association Annual Convention in Charlotte on Monday that any material deposit flight “would not happen in unnoticed fashion” and “would not happen overnight.” Happening this AM at #ABAAnnual in Charlotte:🔹Opening remarks from @BankersPrez 🔹Welcome from NC Bankers CEO Peter Gwaltney🔹Remarks from @NC_Governor🔹@USOCC outlook from @USComptroller…

Some crypto founders releasing tokens end up giving a portion of the token’s supply to Binance in order to be listed on the exchange. Just don’t call it a listing fee or imply Binance makes money from it. Binance argues that it does not make money from token listings since it reinvests the assets in its users. It also contests the term “listing fees” to describe its token allocations. But regardless of how it’s described, and despite the sometimes steep cost of a Binance listing, engaging with the world’s largest exchange is likely still a good business decision for crypto…

Ethereum price today trades near $3,836, struggling to hold above short-term support after a volatile week. Bulls point to fresh ETF inflows and institutional buying, while traders remain wary of macro headwinds and potential liquidation risks if momentum turns lower. ETF Demand Lifts Ethereum Price Action $ETH ETF inflow of $141,700,000 🟢 yesterday.BlackRock and Fidelity bought $101,600,000 in Ethereum. pic.twitter.com/0Xta6wgN3Q — Ted (@TedPillows) October 22, 2025 Ethereum price action has found some stability after Monday’s $420 million redemptions were followed by renewed ETF interest. Data shared by market analyst Ted Pillows shows that ETH ETFs recorded inflows of $141.7 million…

Are you ready for a fascinating shift in the automotive and tech world? Nasdaq-listed Faraday Future (FFAI), known for its ambitious electric vehicle plans, is making a bold leap into the burgeoning world of Web3 and cryptocurrency. This exciting move, centered around a strategic partnership, signals a new era for the company and potentially for how we view vehicle manufacturers interacting with digital assets. Let’s dive into what this Faraday Future crypto initiative means. What’s Driving Faraday Future’s Crypto Ambition? Faraday Future has officially announced its entry into the cryptocurrency and Web3 sectors. This isn’t a solo journey; they’re teaming…

United Kingdom-based crypto trade association CryptoUK welcomed reports that the Bank of England (BoE) plans to launch a consultation on stablecoin regulation in November, saying alignment with United States policy would strengthen confidence in the country’s digital asset industry. In comments sent to Cointelegraph, a CryptoUK spokesperson said that matching the US’s approach to stablecoin oversight would “provide more confidence to the industry” and ensure that the UK “keeps pace” with its global peers. “Ultimately, it is important that the UK keeps pace with the US and other jurisdictions – the crypto industry is truly global and that means the…

Malta’s finance minister backed a government-run charity’s decision to reject a multimillion-dollar crypto donation from Binance Charity, saying the refusal was the right call despite the funds’ ballooning value, according to the Times of Malta. Finance Minister Clyde Caruana reportedly said Tuesday he supported the Malta Community Chest Fund’s decision to decline a 30,644 BNB (BNB) donation, worth about $200,000 in 2018 but now valued at roughly $33 million. “You either give to charity or you don’t,” he told the Times of Malta. “Don’t dance around it.” His comments followed reports that the Malta Community Chest Fund had walked away…

This week, Ethereum (ETH) spot exchange-traded funds (ETFs) experienced volatility in capital flows, but BlackRock maintained its position as one of the asset’s biggest buyers. BlackRock’s ETHA fund led the sector with more than $513 million in net inflows, while other major products struggled with sizeable outflows that weighed on the broader market. Between September 15 and 19, BlackRock saw steady investor demand, highlighted by a massive $363.2 million inflow on Monday and an additional $144.3 million on Thursday. Smaller gains midweek reinforced its dominance. In contrast, rivals faced redemptions with Fidelity’s FETH shedding over $53 million on September 19…