Author: NBTC

Coinbase Chief Legal Officer Paul Grewal expressed strong confidence that the U.S. CLARITY Act will pass this summer, speaking at the Consensys 2026 conference. Grewal specifically voiced support for a bipartisan compromise on stablecoin interest proposed by Senators Thom Tillis and Angela Alsobrooks, marking a key development in the ongoing debate over digital asset regulation. Background on the CLARITY Act and Stablecoin Interest Debate The CLARITY Act, formally known as the “Clarity for Digital Tokens Act,” aims to establish a federal regulatory framework for digital assets, including stablecoins. A central point of contention has been whether stablecoin holders should earn…

Crypto.com said its UAE entity, Foris DAX Middle East FZE, received a Stored Value Facilities license from the Central Bank of the UAE. The company said it is the first Virtual Asset Service Provider in the Emirates to receive the license. The approval moves Crypto.com from earlier in-principle status to a licensed setup for stored-value payment services. crypto.news reported in October 2025 that the company had received in-principle approval for the same SVF license, pending final technical and compliance checks. Dubai government fee payments move closer The license allows Crypto.com to activate its partnership with the Dubai Department of Finance.…

In its latest technical analysis of Bitcoin, cryptocurrency analytics company MakroVision noted that the market is once again under pressure in the short term. According to the analysis, Bitcoin’s price has entered a downward trend again after its recent recovery attempt, and the inability to break through the critical resistance zone between $71,000 and $75,000 indicates that the uptrend remains weak. This situation is interpreted as suggesting that the movement in recent weeks may be a temporary technical reaction rather than a permanent trend reversal. According to MacroVision, the short-term chart outlook remains weak. The increased selling pressure, particularly after…

Maple is expanding its institutional yield products deeper into DeFi through a new integration with Ink. The move brings Maple’s yield-bearing asset syrupUSDT into Ink-native applications, giving users access to institutional-grade onchain yield strategies across the network’s growing DeFi ecosystem. The integration significantly expands Maple’s distribution as competition intensifies around tokenized yield products tied to real-world financial activity rather than speculative emissions. Maple says the launch could eventually expose syrupUSDT to more than 10 million users across Ink-connected applications and wallets. “Ink represents a massive opportunity for the industry, and we’re excited to be among the first to bring institutional-grade…

Strategy Inc.’s MSTR stock ended April with its strongest technical signal in months, closing higher after eight straight monthly red candles. The move drew fresh attention to Michael Saylor’s Bitcoin-linked equity strategy as the stock gained more than 32% for the month. The rebound came even as Peter Schiff continued criticizing the company’s funding model and Bitcoin accumulation strategy. Market data showed MSTR rising from an April open near $126.18 to close around $165.45, marking a 32.57% monthly gain. MSTR Bounces From Key Support as Selling Pressure Eases MSTR’s April close was its fifth positive month in 17 since the…

In brief Defunct exchange Bittrex is asking a federal judge to undo its 2023 settlement with the SEC. The company argues the SEC has since reversed its stance on crypto, undermining the original lawsuit. Now, Bittrex wants a federal judge to force the SEC to return the company’s $24 million settlement. Crypto exchange Bittrex, which ceased operations after settling an SEC lawsuit under President Joe Biden’s administration, is now requesting the agreement be tossed in light of the regulator’s about-face on crypto. In a new filing this week, attorneys representing the exchange asked a federal judge to vacate his prior…

The ongoing rally in South Korea’s domestic stock market is drawing capital away from the country’s cryptocurrency sector, with small and medium-sized exchanges bearing the brunt of the shift. According to data from CoinGecko recorded at 4:30 a.m. UTC on May 11, the combined 24-hour trading volume across South Korea’s top five crypto exchanges stood at approximately $2.39 billion (3.51 trillion won). That figure represents a decline of roughly $100 million compared to February 11 of this year. Smaller Platforms Hit Hardest While the overall market has seen a modest contraction, the impact on smaller trading platforms has been severe.…

New developments regarding Morgan Stanley’s spot Bitcoin ETF, expected to launch soon, have attracted attention in the industry. According to the updated S-1 filing by the US investment bank, the fund, which is planned to trade under the ticker “MSBT,” will have a management fee of only 0.14% (14 basis points). This rate indicates a significant competitive advantage among competing products in the market. Bloomberg ETF analyst Eric Balchunas described the fee structure as “shocking,” noting that Morgan Stanley’s ETF could be the lowest-cost product among existing spot Bitcoin ETFs. According to Balchunas, this pricing makes it easier for advisors…

In the cryptocurrency market, the difference between Ethereum and Solana in terms of decentralized exchange (DEX) trading volume has fallen to its lowest level in the last 12 months. In recent months, the transaction volume gap between the two networks has narrowed rapidly, with Solana’s monthly DEX volume share of Ethereum reaching approximately 94%. This represents a significant decline from the 218% peak seen in January 2026, marking the lowest level in the past year. According to current data, both networks handle approximately $45 billion in monthly DEX transaction volume. Analysts attribute Ethereum’s relative resilience during this period to differences…

ClawBank, an agent-economy infrastructure project, said its Manfred AI agent became the first such entity to autonomously set up a company, filing with the U.S. Internal Revenue Service (IRS) for its own Employer Identification Number (EIN), a unique code that allows it to legally operate as a business, hire staff and obtain licenses. The agent also holds an FDIC-insured U.S. bank account and a crypto wallet , Clawback said Friday. “To the company’s knowledge, this is the first time an AI agent has autonomously initiated and completed the legal formation of its own corporation,” Justice Conder, the developer behind ClawBank,…