Author: NBTC

Crypto Gains Traction in Retirement Planning Cryptocurrency is no longer viewed as just a speculative trade. Across the globe, more people are now considering digital assets as part of their retirement strategy. Surveys show that a significant portion of adults are open to allocating part of their pension savings to cryptocurrencies, while others are even willing to withdraw existing retirement funds to invest directly in Bitcoin and altcoins. This shift highlights a growing belief that digital assets could play a role in long-term wealth accumulation, especially as inflation, debt crises, and shifting monetary policies reshape global financial markets. Motivations: Higher…

Here’s what we’re looking for now that Congress is back from summer recess and we enter the final four months of 2025. 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 Welcome to the last four months of 2025. Here’s what we’re looking for in the final third of this year. Why it matters Crypto already got one major bill this year — the GENIUS Act addressing stablecoins — but the bigger market structure bill remains a work-in-progress. Congress is back from summer…

Get ready for a significant shift in the cryptocurrency landscape! The Chicago Board Options Exchange (CBOE) is poised to launch CBOE crypto futures for both Bitcoin (BTC) and Ethereum (ETH) on November 10. This pivotal development, as reported by Reuters, marks a major step forward for institutional engagement in the digital asset space. It’s an exciting time, signaling increased legitimacy and accessibility for these leading cryptocurrencies within traditional financial markets. Why Are CBOE Crypto Futures a Game Changer? The introduction of CBOE crypto futures is more than just another product offering; it represents a powerful endorsement from a major regulated…

Variant Fund chief legal officer Jake Chervinsky maintains that decentralized public blockchains remain the regulatory standard for product development, despite recent announcements of corporate-controlled layer-1 (L1) networks. Chervinsky argued on X that many new L1s built by companies for product-specific reasons are “unnecessary” and “unhelpful” from a regulatory perspective. He noted that no US regulator has demanded permissioned validator sets or built-in compliance tools, and no serious legislative effort in Congress has contemplated such requirements. Chervinsky added: “If you have a great commercial reason to build (or build on) a product-specific L1, have at it. If not, and you’re just…

A new website called Ordinals Scrapyard is allowing users to see exactly how much money they’ve lost buying inscriptions — and harvest the losses for tax reporting purposes. The site is an embarrassing bookend to a series of stories about the theory that Ordinals could bring NFT trading onto Bitcoin’s blockchain despite its popularity on other chains like Ethereum and Solana. Despite being heralded in early 2023 by Bitcoin developer Casey Rodarmor as a Bitcoin-native protocol for minting, buying, and selling collectibles, the floor price of most inscriptions has now fallen to $0.001. Indeed, prior to the website’s launch, most…

Japan Post Bank, one of Japan’s largest banks, plans to offer depositors a digital currency in fiscal 2026 that can be used for fast trading of blockchain-based financial products. The bank wants to make its 190 trillion yen (about $1.29 trillion) in deposits more effective and revive long-dormant accounts. The digital currency in question will be DCJPY, developed by Tokyo-based DeCurret DCP. Users will be able to link savings accounts with this currency, which will have a unit value of 1 yen = 1 DCJPY, and will be able to make instant conversions through the app. This will allow investors…

The recent Commodity Futures Trading Commission (CFTC) advisory on offshore exchanges serving US residents under the Foreign Board of Trade (FBOT) framework won’t bring offshore crypto exchanges back to the US, according to Eli Cohen, general counsel at real-world asset (RWA) tokenization company Centrifuge. Cohen told Cointelegraph that settlement, clearing, and other regulatory requirements designed for the traditional financial system, required to serve US clients under the FBOT framework, are not tailored for crypto exchanges and will be difficult or impossible to fulfill. The CFTC’s guidance also stipulated that only Licensed Futures Commission (FCM) exchanges, which are broker-dealers for futures…

The turnover on cryptocurrency platforms operating in Kyrgyzstan exceeded $11 billion in the first seven months of the year, according to the country’s economy minister. The estimate comes after the Central Asian nation’s booming crypto sector was recently hit with sanctions by both the U.S. and the U.K. over suspicions that it’s being used by Russia. Kyrgyzstan reveals cryptocurrency flow volume Almost 200 crypto companies are currently active in Kyrgyzstan, its Minister of Economy and Commerce, Bakyt Sydykov, revealed at a meeting of the parliamentary Committee on Budget, Economic and Fiscal Policy in Bishkek. The government official took part in…

One of the biggest stories emerging from the Far East this month is the imminent launch of a blockchain-based version of the Japanese yen, one of the world’s major fiat currencies. The timing for this development couldn’t be better, as the Bank of Japan (BOJ) is widely expected to raise interest rates soon, a move likely to increase the appeal of both the yen and yen-backed assets. Earlier this month, CoinDesk reported that Japan’s Financial Services Agency (FSA) is likely to approve the country’s first yen-denominated stablecoin as early as this fall. According to the report, Tokyo-based fintech firm JPYC…

The Economic and Financial Crimes Commission (EFCC) of Nigeria has warned about the risks of opening crypto investors to fraudulent elements. Speaking on behalf of the organization, Ola Olukoyede, Executive Chairman of the EFCC, says Nigeria risks exposing its financial system to large-scale abuse if cryptocurrency activities continue without proper regulation. Olukoyede was represented by his Chief of Staff, Michael Nze, speaking to the stakeholders and members of the Blockchain Technology Association of Nigeria (SiBAN), led by its president, Obinna Iwuno, at the EFCC headquarters in Abuja. During the courtesy visit, Olukoyede described cryptocurrency as the engine of global innovation…