Author: NBTC

Singapore has introduced a stringent digital token regulatory framework that is transforming its crypto landscape. According to a Wu Blockchain report, on June 30, 2025, the Monetary Authority of Singapore (MAS) will officially enforce new rules for Digital Token Service Providers (DTSPs). This regulation marks the end of a multi-year policy development process that began in 2022. It targets both local and overseas-facing firms operating from Singapore. It includes all Singapore-incorporated entities and any individual or organization with a business presence in the country. MAS Clarifies Scope and Enforcement Rules Under the DTSP Regime The Financial Services and Markets Act…

Bitget Wallet becomes the first self-custody wallet to natively integrate itself into Vietnam’s national QR payment system, allowing users in the region to scan the VietQR code and directly pay in crypto. According to a press release sent to crypto.news, the new feature would allow users to pay with crypto by simply scanning VietQR, which is Vietnam’s national QR code standard. Now, Vietnamese customers can pay in crypto at over two million local merchants directly through the application. Everyday transactions like having dinner at street vendors and restaurants or buying groceries at the local Vietnamese supermarket can be completed through…

Since 2021, Mayor Eric Adams has been talking about how he’s going to make New York City the center of the crypto industry, though this hasn’t materialized. (Some Bitcoin and crypto companies are based here, but this has little to do with Adams’ efforts — or lack thereof.) So, when I heard the mayor propose issuing BitBonds in New York City at Bitcoin 2025, I was far from convinced that this would actually happen. And then when I read a statement from NYC Comptroller Brad Lander on the topic, it became even more clear to me that Adams was merely…

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins its trading day, ETH$2,524.42 is trading above $2500 as the U.S. Senate passes the GENIUS Act with bipartisan support. While the Senate was busy passing the GENIUS Act, Vivek Raman, founder of Ethereum advocacy firm Etherealize, was even busier, making the rounds on Wall Street to explain why ETH is suddenly at the…

Abu Dhabi-based Fuze, a regulated digital assets infrastructure provider, and Mamun, a Sharia-compliant alternative finance and investment platform headquartered in Oman, have signed a strategic Memorandum of Understanding (MoU) to enable investment in trade finance through stablecoins, specifically USDT (Tether). This partnership allows both retail and institutional investors to participate in short-term, Sharia-compliant trade financing using USDT. Businesses will receive fiat financing in local currency for supplier payments and cross-border trade, opening up access to new forms of financing. Bridging the $250B MENA Trade Credit Gap for SMEs The collaboration should help address the trade credit gap since the MENA…

Pi Network’s GCV has become one of the most discussed topics in the community lately. Some believe it is the key to massive wealth, while others call it pure hype. What’s really going on? Let us break it down. The term GCV in the Pi Network community stands for Global Consensus Value, an idea introduced by Pi enthusiasts to set a fixed value for Pi Coin. Some fans claim that 1 Pi Coin equals $314,159, inspired by the mathematical constant π (pi). They say that Pi’s rising user base, real-world uses, and limited supply justify such a valuation and see…

David Sacks has praised the Senate’s passage of the GENIUS Act, stating that it enhances consumer protection and strengthens the U.S. dollar’s dominance. On Monday, June 17, the U.S. Senate passed the bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, marking a crucial step in regulating payment stablecoins. This landmark legislation provides a comprehensive framework for using and issuing stablecoins. The GENIUS Act now heads to the House of Representatives for further consideration, where it could move closer to becoming law. Support from Key Figures in the U.S. Government Speaking on X, David Sacks, the White House…

From July 1st, the well-known crypto exchange Bybit will launch Bybit.eu, the version of the CEX compliant with the MiCA regulation. This innovation offers European traders a safer and more regulated platform, suitable for the needs of a rapidly growing sector with increasingly stringent regulations. Bybit complies with European regulations with Bybit.eu Welcome bonus for new and old users The European context: why Bybit focuses on the European Union A growing and regulated market How the migration of existing users will work Advantages of the new MiCA compliant platform Bybit.eu and the future of digital assets in Europe Bybit complies…

Bitdeer Technologies Group priced an upsized private offering of $330 million in convertible senior notes due 2031. The Singapore-based bitcoin mining company increased the offering size from an initially announced $300 million. Bitdeer Upsizes Convertible Note Offering The 4.875% notes, maturing July 1, 2031, were sold to qualified institutional buyers. Initial purchasers hold a 13-day option to buy up to an additional $45 million principal amount. The sale is expected to close on June 23, 2025. The bitcoin mining company said the notes are convertible into Class A ordinary shares at an initial price of approximately $15.88 per share, representing…

Bitcoin BTC$110,306.91 quietly climbed to its strongest price in June on Monday, rebounding from last week’s decline to near all-time high levels. BTC advanced 3.7% over the past 24 hours to $109,500, and its changing hands only 2% from its record prices observed in May. Ethereum’s ether ETH$2,637.59 kept pace with 3.8% gain during the same period, bouncing above $2,620. Native tokens of Hyperliquid and SUI SUI$3.45 outperformed most large-cap cryptocurrencies up 7% and 4.5%, respectively. “A ‘peaceful rally’ is a perfect way to describe this price action,” said well-followed analyst Caleb Franzen, founder of Cubic Analytics. “Just a consistent…