Author: NBTC

The debate inside global banking about stablecoins is effectively over. The question was never really settled through argument — it was settled through action. When Standard Chartered announced it would offer institutional clients direct access to minting and redeeming Circle Internet’s $USDC, the move landed not as a novelty but as confirmation of a trend already in motion. Bank adoption of stablecoins has shifted from a philosophical question to an operational one, and the world’s largest financial institutions are now racing to define their role in it. Key takeaways Standard Chartered now offers institutional clients direct $USDC minting and redemption,…

Why Are Multiple $XRP Adoption Metrics Rising Together? A convergence of growth across assets, capital, and users is emerging across the $XRP ecosystem. Detailing that $XRP demand is increasing across three areas, $XRP treasury company Evernorth shared in its July 6 thread on X: “~$4B in total tokenized real-world assets now sit on the $XRP network, roughly 4x the size of its entire ETF market. Demand for $XRP is turning up in three places at once.” The first area was tokenized real-world assets, with about $4 billion in tokenized RWAs now on XRPL across more than 500 products, according to…

The SEC has issued its first No-Action Letter in years, confirming that the forthcoming $2Z token, developed by @doublezero, is not subject to certain regulatory requirements. This significant move, highlighted in a widely shared tweet by @hosseeb, has generated buzz within the crypto community, indicating a potential shift in regulatory sentiment. For more details, see the source tweet. What Went Down Market sentiment is reacting positively to the SEC’s recent announcement regarding the $2Z token. This No-Action Letter is a crucial development, as it indicates the SEC’s willingness to provide clarity on regulatory matters related to new tokens. The broader…

Bridge has secured both a Markets in Crypto-Assets (MiCA) crypto-asset service provider authorization and an Electronic Money Institution (EMI) license in Luxembourg, giving it a regulated framework to offer services across all 27 European Union member states. According to Bridge, the dual licensing allows the company to operate under the European Union’s MiCA framework while expanding its stablecoin and euro payment services for businesses and developers throughout the bloc. The company said the approvals were granted in Luxembourg and cover all EU member states under a single regulatory regime that includes requirements for capital reserves, custody, and operational safeguards. The…

Cwallet, a renowned crypto wallet, has partnered with Aptos, a popular L1 blockchain. The partnership underscores a noteworthy step toward enhancing blockchain-driven financial services to benefit consumers across the globe. As Cwallet pointed out in its X announcement, the development reaffirms Cwallet’s endeavors to make crypto more accessible via reliable and advanced blockchain infrastructure. Hence, the integration is poised to fortify the crypto network’s efficiency while also preparing for key innovations in the future. Cwallet is partnering with @Aptos 🤝We believe the future of crypto belongs to everyone — and getting there means building with the best infrastructure in the…

Bitcoin rose to $64,000 after its sharp drop in June. However, it fell back to $61,000 due to the impact of macroeconomic and geopolitical developments. Analysts are divided on whether Bitcoin’s recent rise is a permanent reversal or just a temporary relief. At this point, Wintermute analysts argue that there is a relief rally in Bitcoin, but recent movements do not represent a bullish trend reversal. Related News Are Bullish Footsteps Approaching in Bitcoin? Major Market Maker Wintermute Offers Both Positive and Negative Opinions! Bitcoin is showing signs of a bottom! Besides Wintermute, Bitfinex analysts also evaluated $BTC’s recent movements…

Cathie Wood’s ARK Invest bought roughly $77 million of crypto stocks in June, adding $44 million of Coinbase (COIN), $25.25 million of Circle (CRCL), and $8.2 million of Bullish (BLSH) during Bitcoin’s worst month in four years, according to ARK’s daily trade disclosures. The purchases extend a thesis both Wood and other funds have held through every crypto downturn: public companies offer a regulated, equity-market way to own the digital asset cycle without holding the coins directly. CryptoSlate’s analysis of daily price data through July 2 shows what that equity route actually cost this year. Across nine US-listed crypto stocks,…

AxLabs released neow3j 3.24.2 on July 7, bringing the Java SDK into alignment with Neo 3.10 by adding support for the new RPC methods introduced in Neo-CLI v3.10.0. The release covers message signing and verification, multi-party transaction signing workflows, and DeferredRelay plugin integration, all without breaking changes to existing code. neow3j is the second major SDK to add explicit Neo 3.10 RPC support, following NeoGo v0.120.0 in mid-June. Message signing and verification neow3j 3.24.2 adds SDK support for the signmsg and verifymsg RPC methods, enabling developers to sign arbitrary messages using wallet accounts and verify those signatures programmatically. Both methods…

The U.S. Securities and Exchange Commission (SEC) is studying a more orderly process for ETF approvals as the agency faces a sharp rise in new product filings. Bloomberg ETF analyst Eric Balchunas said in a post on X that SEC Investment Management Division official Brian Daly said the agency receives about 200 ETF applications each month. Daly made the comments during a Trillions interview with Balchunas and Joel Weber. According to Balchunas, Daly said the SEC “did a bad job with crypto” and wants to rebuild trust through an “orderly process” for novel products, including prediction market ETFs. Confidential filings…

Base recently amplified a widely shared post from @KiiChainio announcing the launch of Onchain FX services through the KiiChain App. This new offering enables users to perform deposits, withdrawals, FX swaps, and other transactions, marking a significant development in on-chain trading capabilities. More details can be found in the original tweet here. What Went Down The crypto market just witnessed a sharp move as KiiChain’s Onchain FX services went live on Base. This launch is poised to enhance the trading experience by allowing users to conduct a variety of transactions directly through the KiiChain app. The announcement has generated considerable…