Author: NBTC

CoinFlip has secured a Markets in Crypto-Assets [MiCA] license from Italy’s securities regulator, allowing the U.S.-based crypto platform to expand its services across the European Union as the bloc’s transition to its new crypto regulatory framework enters a new phase. The approval comes one day after the EU’s MiCA grandfathering period expired on July 1, requiring crypto-asset service providers [CASPs] operating in the bloc to hold MiCA authorization or cease offering regulated services. The timing highlights how firms are racing to position themselves under the EU’s harmonized crypto regime. CoinFlip expands European footprint under MiCA CoinFlip said it received the…

Attending the NATO Leaders Summit in Ankara, which Türkiye hosted for the first time in 22 years, US President Donald Trump held a press conference and made important statements regarding Iran. According to AA’s report, Trump, who answered questions from the press alongside NATO Secretary General Mark Rutte, said that the ceasefire with Iran was over. Responding to a journalist’s question about Iran, Trump said, “I think the ceasefire with Iran is over. They are liars. From my point of view, wasting time with them is a complete waste of time.” Following Trump’s statements, increased geopolitical tensions caused Bitcoin to…

A 927-Page Filing Lands More Than a Year Late The purchases surfaced in the president’s annual financial disclosure report, a 927-page spreadsheet-style document filed with the Office of Government Ethics (OGE) this week and first reported by NBC News journalists Steve Kopack and Gabe Gutierrez. The trades appear scattered throughout the filing, and none of them had been reported before now. Image source: X The timing of the development comes as federal ethics law requires senior officials to report securities transactions within 45 days on periodic transaction reports known as 278-T forms. Trump filed no such reports for the April…

President Donald Trump defended his billion-dollar cryptocurrency windfall on Thursday, asserting there was nothing “illegal” or “wrong” about it. Crypto Is A ‘Big Deal’ During an interview with CNBC, Trump said cryptocurrency is a “big deal,” reiterating his longstanding position that the U.S. must lead in the space or . When questioned about the over $1 billion he and his family made from cryptocurrency ventures during his first year in office, Trump said, “There’s nothing illegal, there’s nothing wrong with it.” Trump also revealed that he had been involved in the cryptocurrency business before becoming president, while sidestepping questions about…

Multiple users of KASTxyz have reported receiving emails indicating the company’s intention to convert meaningful points balances into tokenized equity. This news was shared by SolanaFloor, highlighting a significant shift in KASTxyz’s strategy. More details are expected to emerge in Q4, providing further clarity on these developments. Inside the Move Amid a wave of selling pressure across the crypto market, KASTxyz is making headlines with its innovative approach. The company plans to convert users’ accrued points into tokenized equity rather than launching a traditional token. This conversion process involves aggregating points in a digital ledger and utilizing a regulated token-issuance…

The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal. Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that uses $ETH as its native gas token, launched on July 1 with the company describing it as “AI-native and purpose-built for real-world assets.” “If adoption continues, the chain could become a meaningful new source of demand for $ETH,” said Token Terminal on Thursday. Robinhood has also offered tokenized stocks to customers in more than 120 countries, responding to a surging demand for tokenized US equities. Ethereum and its layer-2 scaling…

Artem Tolkachev is Chief RWA Officer at Falcon Finance, which builds collateral-first dollar infrastructure. What actually determines whether a stablecoin gets used, not just parked, is whether the venues where people trade, borrow and hedge will accept it as collateral. Can you post it as margin on an exchange? Does it get a sensible loan-to-value in a lending market? Can it move across venues without losing so much to haircuts that it becomes irrelevant? Collateral acceptance is the line between a dollar token that sits in a wallet earning a coupon and one that does real work in the financial…

A cryptocurrency wallet linked to Bitwise, the asset manager behind a spot Bitcoin ETF, has withdrawn approximately $2.4 million worth of $HYPE tokens from Wintermute, a prominent crypto market maker. The transaction was flagged by blockchain analytics platform Onchain Lens, which identified the wallet as likely belonging to Bitwise based on on-chain patterns. Transaction details and participants The transfer involved $HYPE, the native token of the Hyperliquid decentralized exchange (DEX) ecosystem. Wintermute, known for its institutional liquidity and over-the-counter (OTC) trading services, facilitated the transaction. While Bitwise has not publicly confirmed the wallet’s ownership, the address has been consistently linked…

Despite the Greek withdrawal, she said she supports MiCA remaining a system in which national regulators grant licenses, while the European Securities and Markets Authority (ESMA) plays a larger supervisory role over the largest firms. Binance is not the only crypto exchange suspending crypto services by July 1. ESMA privately advised national regulators to disapprove Binance’s MiCA applications, highlighting issues the exchange has meeting compliance with financial-crime rules, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions. Lynch said the WSJ’s reporting “mischaracterises how these accounts were identified, reviewed and acted upon. With regards to the…

HSBC has completed its first blockchain-based issuance of a digitally native structured product, using tokenized U.S. dollar-denominated notes in a private placement for institutional investors in Hong Kong. According to HSBC, the pilot transaction involved U.S. dollar-denominated structured notes issued in Hong Kong with support from Asia-Pacific digital market infrastructure operator Marketnode, which acted as both the tokenisation agent and digital paying agent. By issuing the notes directly on blockchain, Marketnode enabled digital issuance while also managing payment flows between HSBC and the investor. HSBC said the pilot tested how tokenisation can make the issuance, settlement, administration, and servicing of…