Author: NBTC

The Hong Kong Monetary Authority (HKMA) said early Monday that it will approve only a few licenses in its stablecoin rollout, even though 77 institutions have already shown interest. That number came in at the end of August. It’s a full-blown stampede; banks, e-commerce platforms, tech firms, Web3 startups, payment companies, and asset managers are all on the list, according to reporting from local media. Among the biggest names chasing this license is the Industrial and Commercial Bank of China (ICBC), the largest bank in the world by assets. It’s applying through its Hong Kong arm, ICBC (Asia). That makes…

The Web3 gaming sector has shifted from speculative models to a focus on sustainability, improved gameplay and robust infrastructure. A game developer director views the current market correction as a necessary reset that clears the way for stable growth by eliminating projects lacking fundamentals. A Necessary Reset for Web3 Gaming Over the last few years, the Web3 gaming sector has undergone a significant transformation, moving from a period of hype and speculative play-to-earn (P2E) models toward a focus on sustainability, improved gameplay, and better infrastructure. Web3 game developers largely view the current market correction as a healthy and necessary reset.…

An urgent spotlight has been cast on the rapidly expanding operations of prominent Bitcoin mining rig manufacturers in the United States. U.S. Republican Representative Zachary Nunn has voiced significant concerns, suggesting that the activities of these Chinese-rooted companies could pose a direct threat to national security. This development has sent ripples through the cryptocurrency community, prompting questions about the future of crypto infrastructure within the nation’s borders. Why Are Bitcoin Mining Rig Manufacturers Under Scrutiny? The core of Representative Nunn’s apprehension, as reported by Bloomberg, lies with two major players: Bitmain and Canaan. These companies are not just any tech…

Ultiland, a Web3 platform for creative and art-related real-world assets (RWAs), today announced its strategic partnership with StarAI, an AI-powered Web3 intelligence and creative platform. Using this partnership, the two companies aim to advance how Web3 users and art creators interact on the decentralized landscape, promoting enriching interactions and encouraging economic growth. Ultiland is a Web3 platform that specializes in creative and art-related real-world assets (RWAs). Through its technology, the platform processes creative capital, artworks, and IPs to circulate as tokenized assets on-chain. On the other hand, StarAI is an AI and Web3 content creation platform that enables creators to…

The Trump family has pulled off a crypto deal worth more than $500 million, with their own companies sitting on both ends of the transaction. According to The Wall Street Journal, the former real estate dynasty now makes most of its money from crypto. At the center of the operation is World Liberty Financial, the private firm Donald Trump launched last year. Earlier this month, World Liberty took over a small payments company called Alt5 Sigma, which had only recently stopped selling pain medication and started working in crypto. After the acquisition, Alt5 raised $750 million from outside investors. The…

The world of cryptocurrency is often seen as a borderless frontier, yet it’s increasingly subject to global geopolitics. A significant development is unfolding as the European Union (EU) is reportedly considering new, stringent measures aimed directly at Russian crypto exchanges. This move marks a crucial escalation in the ongoing efforts to pressure Russia following the conflict in Ukraine. Why Are Russian Crypto Exchanges a Target? The European Union’s latest deliberation, as reported by Bloomberg, focuses on tightening financial restrictions. The core idea is to close any potential loopholes that could allow Russia to circumvent existing sanctions. While traditional banking systems…

Imagine a world where waiting for a new car isn’t a frustrating, opaque process. The potential for tokenizing car reservations is emerging as a game-changer, promising to transform how we book vehicles and potentially unlock a multi-trillion dollar market. This innovative approach uses blockchain technology to streamline inefficient reservation systems, directly tackling high consumer dissatisfaction with current waiting lists and premium prices for new car orders. Why Are We Talking About Tokenizing Car Reservations Now? Current vehicle reservation systems are often opaque, with long, unpredictable waiting lists. Deposits get tied up, and transferring a reservation can be complex. This lack…

Former Celsius CEO Alex Mashinsky is scheduled to report to federal prison on Friday following a guilty plea and sentencing hearing. According to documents filed on May 12, a few days after Mashinsky’s sentencing hearing in the US District Court for the Southern District of New York, the former CEO is expected to surrender himself to authorities before 2:00 pm ET on Friday. The court recommended that Mashinsky serve his sentence at the Federal Prison Camp in Otisville, New York — a minimum security facility about 75 miles (120 kilometers) from New York City. Before the crypto market downturn likely…

The University of Engineering and Technology in Peru (UTEC) has excitedly announced Worldcoin as its new Anonymized Multi-Party Computation (AMPC) partner. This partnership is aimed at advancing Worldcoin’s quantum-secure technology by collaborating with UTEC in its AMPC network. The University of Engineering and Technology in Peru @utecpe joins as the latest Anonymized Multi-Party Computation (AMPC) partner, committing to advancing World’s quantum secure technology. pic.twitter.com/5zFxjzWht3 — World (@worldcoin) September 6, 2025 Worldcoin is also known as “World network,” which was founded to establish a decentralized digital identity that can separate humans’ financial network from artificial intelligence (AI) online. The AMPC plays…

The Trump administration is reportedly looking at a postwar plan for Gaza that proposes using tokenized land and digital tokens to relocate and rehouse residents under a potential US takeover. The Washington Post reported on Sunday that a 38-page prospectus for a post-war Gaza, called the Gaza Reconstitution, Economic Acceleration and Transformation Trust (GREAT Trust), would see the US take over the Palestinian territory under a trusteeship for at least 10 years. It would displace 2 million Gazans in a “voluntary” program, while offering them a specialized token for their land that could later be redeemed for an apartment in…