Author: NBTC

Brazil’s crypto tax reform could charge a 30% levy for undeclared crypto (via Bill 458/21), reshaping institutional crypto compliance and investor flows. As Brazil’s crypto market booms, the 30% regularisation tax for hidden crypto holdings signals a new era of regulated digital-asset taxation and fiscal policy. Brazil is taking a big step toward bringing cryptocurrencies under its tax net, but not without controversy. Lawmakers have proposed a new bill that would let citizens declare previously hidden crypto assets like Bitcoin by paying a hefty 30% regularization tax. The move, while aimed at cleaning up the system, has triggered political and…

This is a segment from The Drop newsletter. To read full editions, subscribe. How will we find new AI agents to use in the near future? What could a decentralized, more open AI ecosystem look like? And how will AI agents make payments for us? ERC-8004, a new Ethereum technical standard first unveiled this summer, aims to be an answer to all that. The standard is being peer-reviewed, and its smart contracts were launched on the Ethereum testnet this month. MetaMask AI Lead Marco de Rossi, Ethereum Foundation AI lead Davide Crapis, Google engineer Jordan Ellis, and Coinbase Developer Platform…

Two of the world’s most prominent financial institutions, DBS and Goldman Sachs (GS), said they executed the first-ever over-the-counter (OTC) cryptocurrency options trade between banks, marking a major step toward institutionalizing digital assets in Asia. The trade involved cash-settled bitcoin BTC$113,051.77 and ether ETH$4,001.99 options, allowing the banks to hedge exposure tied to crypto-linked products, the companies said in an email. Such transactions mirror practices long common in traditional finance, offering structured and customizable risk management tools for institutional portfolios. The milestone comes amid surging demand for digital asset derivatives. In the first half of 2025 alone, DBS clients executed…

Lawmakers in France have voted to advance an amendment to the country’s tax laws that would impose levies on “unproductive wealth,” including some types of property and crypto holdings. Centrist MP Jean-Paul Matteï filed the amendment on Oct. 22, with members of the National Assembly, the country’s lower house, passing the amendment with a vote of 163-150 late on Friday, with the backing of socialist and far-right MPs. The measure will still have to survive the remainder of the parliamentary process as lawmakers look to pass a budget for 2026 and will have to pass through the Senate before it…

Bybit, a leading crypto exchange, has officially announced the integration of $USD1 stablecoin for withdrawals and deposits on the Aptos blockchain. The $USD1 integration aims to improve accessibility and transfer efficiency for consumers with zero fees. As revealed by Bybit in its official social media announcement, the initiative permits consumers to deposit $USD1 via Aptos as well as carry out withdrawals without any fees. This development is anticipated to significantly improve consumer experience and broaden adoption. 🚀 Bybit now supports USD1 deposits and withdrawals on Aptos — with 0 gas fees! @Aptos 🎁 Deposit via Aptos to enjoy fee-free withdrawals…

Evernorth Holdings, a new digital asset management company backed by Ripple, has attracted market attention by accumulating over $1 billion in XRP in a short time. Ripple-Backed Evernorth’s XRP Assets Surpass $1 Billion According to CryptoQuant data, the company holds approximately 389 million XRP tokens. With the XRP price trading around $2.6, Evernorth’s total assets exceed $1 billion. Evernorth announced last week that it plans to go public through a SPAC merger with Armada Acquisition Corp II. The company reportedly aims to raise over $1 billion in capital to create a large-scale treasury of XRP. CryptoQuant analyst JA Maartun reported…

Denmark has withdrawn its controversial “Chat Control” proposal after strong opposition from privacy groups, tech experts, and several EU countries. According to Cointelegraph, the plan would have forced apps like Telegram, Signal and WhatsApp to scan users’ private messages before encryption. This move sparked fears that people’s private chats could be exposed. 🇩🇰 NEW: Denmark withdraws its EU Chat Control proposal after massive privacy backlash.The plan would’ve forced Telegram, Signal, and WhatsApp to scan messages before encryption. What made them back down? 👇 pic.twitter.com/ZUmeHya2ck — Cointelegraph (@Cointelegraph) November 3, 2025 What the Proposal Intended The Danish government wanted to fight child…

Binance, the world’s largest cryptocurrency exchange, announced that it will list Giggle Fund (GIGGLE) and SynFutures (F) tokens. Both tokens will be traded with the Seed Tag. According to Binance’s announcement, six new spot trading pairs—GIGGLE/USDT, GIGGLE/USDC, GIGGLE/TRY, F/USDT, F/USDC, and F/TRY—will become available on October 25, 2025, at 09:00 CET (UTC+8 14:00). Users will be able to begin depositing tokens one hour before trading opens. Token withdrawals will become available on October 26, 2025, at 09:00 CET. GIGGLE claims that it funneled cryptocurrency and transaction fees associated with the Giggle Academy educational platform, founded by Binance’s former CEO and…

The final dress rehearsal for Ethereum’s upcoming Fusaka upgrade occurred Tuesday, as the blockchain prepares for the mainnet hard-fork activation. The test, which went live around 18:53 UTC on the Hoodi testnet, involved passing a series of code changes meant to make Ethereum more scalable and more cost-efficient. Testnets are replicas of a blockchain’s main network, giving developers a safe environment to test major upgrades and fix any issues before they go live on mainnet. Hoodi was the last of three testnets to run through a simulation of Fusaka, with two other successful test upgrades on the Holesky and Sepolia…

When central bank digital currencies come up, the usual perception is either utopian control or streamlined efficiency, but David Schwartz, Ripple’s CTO and one of the longest-standing cryptographers in the industry, waded into the debate with an opinion that may flip the narrative. According to him, CBDCs are neither good nor bad; their impact depends on whether they expand freedom or eliminate it. Ripple, for its part, has been embedded in this trend for years. Pilots with Palau, Montenegro, Bhutan, Georgia and the U.K. gave the company an inside view on what central banks demand, while ex-advisor Welfare admitted those…