Author: NBTC

Senator Gillibrand says crypto bill will advance despite Democrats Republicans not finalizing agreement. Lawmakers say bipartisan talks continue and nothing is blocking crypto bill progress currently. CLARITY Act markup scheduled January 27 as Agriculture Committee moves crypto legislation forward. U.S. lawmakers are actively working to advance the CLARITY Act, a major bill aimed at regulating the crypto market. U.S. Senator Kirsten Gillibrand says she is very optimistic that the Senate Agriculture Committee’s updated crypto regulation bill will move forward, even though Republicans and Democrats have not yet reached a final agreement. Senate Gillibrand Confident That Crypto Bill Will Pass Speaking…

Coinbase is testing a new stablecoin called $USDF on its exchange backend, the company said on Tuesday through its Coinbase Markets account. The token has been enabled for operational testing only, with trading, deposits, and withdrawals currently unavailable. A new Coinbase Custom Stablecoin, $USDF, has been enabled on Coinbase Exchange for operational testing. Please note: This is a backend test phase only. Trading, deposits, and withdrawals are currently unavailable. Stay tuned for more updates. — Coinbase Markets 🛡️ (@CoinbaseMarkets) January 27, 2026 The backend test marks an early phase of development, with Coinbase saying additional updates will be shared as…

Key Highlights: Stablecoin adoption has increased as they protect users from crypto volatility. Market capitalization of stablecoins increased significantly in 2025. By 2028, the market capitalization of this sector may hit the $3 trillion. Stablecoins are one of the most used cryptocurrencies in today’s times as they are designed in a way that they maintain a stable value. These cryptocurrencies are usually pegged to fiat currency such as the US dollar. The main feature that these cryptocurrencies exhibit is their ability to stay stable. Crypto OGs such as Bitcoin ($BTC) and Ethereum ($ETH) are known to be highly volatile, one…

A growing backlash is emerging as critics warn the CLARITY Act could reshape crypto through expanded surveillance. Aaron Day claims the real winners of new U.S. crypto bills may be banks and major exchanges. Questions are mounting over how much control future crypto rules could give regulators. Aaron Day, Chairman and CEO of the Daylight Freedom Foundation, slammed the CLARITY Act and Senate crypto bills as “worse than the Patriot Act in terms of surveillance” during a recent interview on the Paul Barron Network. Day argued that no crypto legislation is needed. Self-custody has worked for 16 years without Congress…

Revolut has made a decisive move into Mexico. On Tuesday (27), the British fintech announced the launch of full banking operations in the country, ending its testing phase. This marks the first time Revolut has opened a licensed bank outside Europe. Revolut Bets on Mexico’s Costly, Fragmented Banking System Mexico was a deliberate choice. With a population of around 130 million and a traditional banking system widely viewed as expensive and bureaucratic, the country presents a strong opportunity for a fully digital bank. Revolut sees demand for app-based banking with lower fees and simplified access. ¡Hola, México! 🇲🇽We’ve made history…

By Omkar Godbole (All times ET unless indicated otherwise) The U.S.-listed bitcoin $BTC$89,187.13 and ether $ETH$2,932.83 exchange-traded funds (ETFs) that have sucked in billions in institutional money, smoothing out the once-crazy volatility in these tokens, are about to get more powerful. Trading in options, handy hedging tools tied to the ETFs, is no longer capped by a rule limiting any single participant to no more than 25,000 contracts. Nasdaq filed for the change on Jan. 7, and it went live this week. Options allow traders to bet on the future price of an asset at a minimal initial cost. For…

The Netherlands plans to tax unrealized capital gains on a range of investments, including stocks, bonds and cryptocurrencies, sparking warnings of capital flight. A majority of lawmakers in the Dutch parliament appear ready to back changes to the country’s Box 3 asset tax regime, which would require investors to pay annual tax on both realized and unrealized gains, even if assets have not been sold, NL Times reported on Tuesday. The plan follows court rulings that struck down the existing system for relying on assumed, rather than actual, returns. The Tweede Kamer (House of Representatives) debated the proposal again this…

Stablecoins are moving beyond crypto experimentation and into trusted financial infrastructure, OKX said, as it announced the launch of a new debit card in Europe. “Momentum is building fast,” Erald Ghoos, CEO of OKX Europe, told CoinDesk. “Regulators are putting real guardrails in place, major banks are not only taking them seriously for payments and settlements but are participating in industry-wide EU initiatives to become issuers, and everyday users are choosing faster, cheaper digital payments.” European regulators have accelerated that momentum through the rollout of the EU’s Markets in Crypto Assets (MiCA) framework, which brings stablecoin issuers and crypto service…

Changpeng Zhao (CZ), the founder and former CEO of Binance, made noteworthy statements about his career and the future of the crypto sector in an interview given during the World Economic Forum in Davos, Switzerland. Zhao said he no longer has the same motivation to start new ventures as he did in the past. Zhao stated, “I don’t have the same drive to start new projects as I used to. Entrepreneurship is a very tiring process, and once I’ve experienced it, it doesn’t seem possible for me to start again at the same pace. Therefore, I am currently focusing mainly…

There will come a time when this newsletter is not about crypto market structure legislation. But this is not that time. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative The Senate Agriculture Committee published its new draft crypto market structure bill last Wednesday. Why it matters This bill, like its Banking Committee counterpart, aims to reshape the federal regulatory framework to define how regulators like the Commodity Futures Trading Commission and Securities and Exchange Commission will oversee the crypto markets. And once…