Author: NBTC

In July 2025, Congress passed the GENIUS Act with the aim of ensuring that stablecoin issuers are not denied licenses solely because they propose using a permissionless, open, and public blockchain — such as Ethereum. At the same time, the Federal Reserve’s Policy Statement 9(13), issued in January 2023, remains in effect. The policy advises that state member banks should avoid certain activities involving open blockchains, stating that the issuance of tokens on such networks “is highly likely to be inconsistent with safe and sound banking practices.” This regulatory tension has emerged as major financial institutions announce new blockchain infrastructure…

Investments in Web3 gaming projects surged to $60 million in July, reversing a three-month lull, with investors now focusing on games built around fun, according to blockchain analytics platform DappRadar. March still has the highest month for Web3 gaming funding this year at $69 million, but after a slump in April, May and June, capital is flowing again “primarily to projects with proven teams, strong IP, or infrastructure supporting multiple games,” DappRadar analyst Sara Gherghelas said in a report published on Thursday. However, smaller studios are suffering, and projects without traction or sustainable economies are closing or pivoting, according to…

Exciting news is brewing in the global financial landscape! U.S. cryptocurrency exchange Robinhood is making a strategic play, actively seeking a Robinhood Dubai license. This significant move signals their intent to establish a strong foothold in the dynamic Middle East and North Africa (MENA) region, a vibrant hub for digital asset innovation and a key area for future cryptocurrency exchange expansion. Why is Robinhood Targeting the MENA Crypto Market? The Middle East and North Africa region is rapidly emerging as a hotspot for digital finance. With a young, tech-savvy population and governments keen on fostering innovation, the MENA crypto market…

KAIO just rewired institutional investing by bringing BlackRock, Brevan Howard, and Laser Digital’s funds onchain via Hedera, creating a real bridge between regulated money markets and programmable DeFi liquidity. Summary KAIO has onboarded BlackRock, Brevan Howard, and Laser Digital’s funds onto Hedera, marking the first large-scale tokenization of major institutional vehicles. These funds now operate on-chain with programmable features like instant settlement and DeFi composability, giving accredited investors native access to money markets, macro, and crypto yield strategies. KAIO’s launch signals a structural shift in TradFi, with blockchain-native versions of funds like BlackRock’s $1.3T liquidity fund now theoretically usable in…

Bitcoin’s dominance crumbled to 60% as altcoins, supercharged by Ethereum’s explosive rally, seized the spotlight. With corporate treasuries loading up on ETH and stablecoin regulations easing, the market’s risk appetite appears to be undergoing its most dramatic pivot this year. Summary Ethereum surged 51% in July, outpacing Bitcoin and leading a broad altcoin rally driven by renewed risk appetite and corporate accumulation. Corporate ETH holdings jumped 127% to 2.7 million ETH, with firms like Bitmine and Sharplink surpassing the Ethereum Foundation’s reserves. Regulatory tailwinds, including the GENIUS Act for stablecoins, boosted sentiment as capital rotated into ETH, XRP, DOGE, and…

Citigroup plans to offer custody and settlement services for stablecoins and crypto ETFs, according to a senior executive who spoke to Reuters. While the bank primarily focuses on custody of high-quality assets backing stablecoins, it is also exploring custody of digital assets backing cryptocurrency-based investment products such as Bitcoin spot ETFs. Citigroup also aims to use stablecoins to increase speed and efficiency in cross-border payments and develop solutions that offer instant settlement. Currently, the bank operates a blockchain-based payment network capable of 24/7 tokenized dollar transfers between New York, London, and Hong Kong. New plans include stablecoin transfers and the…

Argentina has failed to identify one of the key individuals linked to the launch of Libra, the meme coin promoted by President Javier Milei on social media. Interpol Singapore was unable to pinpoint any individuals identified as Julian Peh, the CEO of KIP Protocol, who has ties to the Libra token. Libra Case Watch: Authorities in Argentina Cannot Confirm Kip Protocol’s Julian Peh’s Identity The case of Libra, the memecoin promoted by President Javier Milei in Argentina, continues to raise questions as authorities have been unable to locate some of the key masterminds behind its launch. According to local media,…

Binance, the world’s largest cryptocurrency exchange, has announced the expansion of its Binance Earn product suite to qualifying UK Professional Users, as per information shared with Finbold on August 14. The move follows UK regulatory clarifications confirming that staking is exempt from collective investment scheme classification, plus a review of exemptions under the Financial Promotions Order and Promotion of Collective Investment Scheme Order. Staking demand rises Binance can now offer UK professional users its full range of earning products, including Simple Earn (Flexible and Locked), Liquid Staking (WBETH and BNSOL), Crypto Loans, RWUSD, Super Earn, On-Chain Yields, and Soft Staking.…

The cryptocurrency world is buzzing with the latest on-chain activity: a significant Grayscale wallet has just completed a substantial ETH transfer. Arkham data reveals that a wallet, strongly linked to Grayscale, recently deposited 8,062 ETH to Coinbase Prime. This movement, valued at approximately $29.04 million, occurred mere minutes ago, drawing immediate attention across the cryptocurrency market. Such large-scale Ethereum movement from a major institutional player like Grayscale always sparks questions about its potential implications for digital asset prices and broader market sentiment. What Just Happened with This Grayscale Wallet? Just recently, a wallet identified by Arkham data as associated with…

Bitcoin and other cryptocurrencies slipped on Thursday after rising producer prices blunted rate-cut hopes, and U.S. Treasury Secretary Scott Bessent said the government wouldn’t start cutting checks to flesh out its strategic Bitcoin reserve. Bitcoin changed hands around $118,000 on Thursday, a 2.9% decrease over the past day, according to crypto data provider CoinGecko. Ethereum also fell 2.9% to $4,560, while Solana and XRP dropped 2.4% to $194 and 5.7% to $3.07, respectively. The PPI report snapped a strong trading week for Bitcoin, with the asset’s price setting a new all-time high above $124,000 on Wednesday, while Ethereum surged toward…