Author: NBTC

JPMorgan CEO Jamie Dimon has denied debanking customers based on their religious or political affiliation and stated that he has actually been working to change the rules surrounding debanking for over a decade. During an interview with Fox News’ “Sunday Morning Futures” on Sunday, Dimon said his bank has cut off services to people from all walks of life, but political affiliations have never been a factor. Devin Nunes, the chair of the President’s intelligence advisory board and CEO of Trump Media, alleges the company was debanked by JPMorgan and that it was among more than 400 Trump‑linked individuals and…

Binance’s new pact with Botim Money signals a major push to widen secure digital-asset access in the UAE, spotlighting the region’s accelerating embrace of regulated crypto services and its expanding role in global digital-finance growth. Binance–Botim Money MoU Targets Wider Crypto Access in the UAE Crypto exchange Binance announced on Dec. 9 that it signed a memorandum of understanding (MoU) with Botim Money to explore expanding secure digital-asset access in the UAE. The agreement, signed at Binance Blockchain Week in Dubai, aims to examine simplified and compliant pathways for customers across a rapidly growing regional market. The announcement states: Under…

Today, all eyes are on the Federal Reserve’s 2025 interest rate decision for Bitcoin (BTC) and altcoins. While expectations are high for another 25 basis point cut in December, large investors have also become active. According to Lookonchain, a cryptocurrency analytics platform, an ICO whale initially transferred a large amount of Ethereum (ETH). Accordingly, an Ethereum ICO wallet (0x782F) containing 850 ETH ($2.82 million) transferred 1 ETH to Coinbase after remaining inactive for over 10 years. This wallet, which invested only $263.5 in the ICO, purchased 850 ETH. These ETH are currently worth $2.82 million, meaning a 10,684x return. Another…

Maintaining exceptional editorial standards, with content reviewed by trusted editors and seasoned industry professionals. Venezuelan banks explore holding digital assets like USDT, but a solid regulatory framework is missing. Current Venezuelan law regulates crypto exchanges but does not permit traditional banks to operate with them. Interest from Venezuelan banks in operating directly with cryptocurrencies has sparked a public debate. The conversation began after a revelation from Rodolfo Gasparri, president of the transaction processing firm Conexus. Gasparri indicated that his organization is developing a platform to enable national banks to operate with crypto assets. However, this project confronts a legal reality:…

A $1 million haul of cash and gold tied to QuadrigaCX’s co-founder has been forfeited to the government of British Columbia, signaling the strongest test yet of the Province’s unexplained wealth order framework. The Supreme Court of British Columbia granted the forfeiture after Michael Patryn did not contest the action, clearing the way for the Province to liquidate 45 gold bars, luxury watches, and more than $250,000 in cash seized during an earlier investigation, according to a Vancouver Sun report. Court documents retrieved by CoinDesk show that in September 2025, the court granted the Province a civil forfeiture judgment vesting…

Robinhood signaled a sweeping 2026 crypto expansion, showcasing accelerating platform growth, wider U.S. and European access, and new products capped by a Layer 2 network aimed at propelling the company deeper into global tokenization and advanced digital-asset trading. Robinhood Unveils Expansive Crypto Roadmap Robinhood Markets (Nasdaq: HOOD), a U.S.-based financial services company, shared an extensive year-end update on Dec. 8, highlighting its 2025 crypto expansion and product development. The disclosure outlined platform growth, new features, and broader access for customers in the U.S. and Europe. Robinhood states: In 2025, we showed what’s possible when crypto meets transparency, access, and innovation.…

Ethereum can afford to lose finality from time to time without putting the network at serious risk, according to co-founder Vitalik Buterin, even after a recent client bug came close to disrupting the blockchain’s confirmation mechanism. Following a recent bug in the Prysm Ethereum client, Buterin said in an X post that there is “nothing wrong with losing finalization once in a while.” He added that finalization indicates the network is “really sure” a block will not be reverted. Buterin argued that if finality is occasionally delayed for hours due to a major bug, “that’s fine,” and the blockchain keeps…

Polymarket and Kalshi are doubling down on their future — literally — as both prediction-market platforms push into web3 and global markets in search of new revenue streams. Both startups are also on the hunt for regulatory approvals, and partnerships with sports organizations. Summary Polymarket and Kalshi reportedly kicked off expansion efforts. The plans were unveiled at a private New York dinner attended by ICE CEO Jeffrey Sprecher. Both platforms are exploring decentralized technologies and international venue partnerships as trading volumes rise. Bloomberg reports the expansion was kicked off in classic Wall Street fashion: with a private dinner high above…

Hong Kong has locked in a familiar face for the next four years. Legislator Wu Jiezhuang has won re-election to the city’s eighth Legislative Council after securing 1,311 votes in a competitive race. The result keeps one of Hong Kong’s most vocal supporters of Web3 and emerging technology inside the city’s top lawmaking body. After the results were confirmed, Wu Jiezhuang thanked voters and called the election a tough contest. He said the outcome reflects public trust in his long-term vision for Hong Kong’s economy. More importantly, he made it clear that innovation will stay at the center of his…

Key Takeaways Large holders made significant ETH and BTC trades ahead of the Fed’s interest rate decision. SpaceX reportedly executed a large BTC transfer to Coinbase Prime Custody. Large holders are stepping up on-chain activity as the Fed’s interest-rate announcement approaches. According to Lookonchain, an early Ethereum ICO wallet holding 850 ETH, worth approximately $2.8 million, sent 1 ETH to Coinbase after ten years of dormancy. The wallet acquired its original stash for just $263, meaning the investment has appreciated more than 10,000% with ETH now trading above $3,300. An Ethereum ICO wallet (0x782F) with 850 $ETH($2.82M) just transferred 1…