Author: NBTC

Cumberland SG, the Asia subsidiary of U.S.-based crypto trading firm Cumberland, said on Monday it has received in-principle approval for a Major Payment Institution license from the Monetary Authority of Singapore. The approval marks a step for the firm to expand its presence in Singapore, a key financial hub for digital assets, Cumberland said in a statement on X. The MPI license, once fully granted, would allow Cumberland to provide regulated digital payment token services in the city-state. Cumberland, a subsidiary of Chicago-based trading firm DRW, is a leading liquidity provider in the crypto market, offering over-the-counter trading services for…

HeLa Labs, a prominent blockchain development platform, has recently forged a new collaboration with EcoCreds, a popular real-world asset marketplace assisting in the reduction of carbon footprints. This partnership aims to redefine and boost growth in the sustainability of carbon credits. For this purpose, both entities focus on ensuring the carbon credits are accessible and transparent. We’re excited to announce our newest collaboration with @EcoCreds!EcoCreds is an open RWA marketplace for individuals & businesses to reduce carbon footprints with 100% transparent carbon credits. Together, we’re revolutionizing sustainability with @EcoCreds, making carbon… pic.twitter.com/zhHu8Iumou — HeLa Space 🍀 (@HeLa_Labs) March 19, 2025…

The SEC has recognized Grayscale’s application to launch a DOGE ETF, a potential boost for Dogecoin investors. Grayscale’s conversion of its XRP Trust into an ETF opens new investment opportunities for XRP holders. Canary Capital’s filing for a spot Litecoin ETF reflects an increasing interest in cryptocurrencies beyond Bitcoin and Ethereum. The U.S. Securities and Exchange Commission (SEC) has made significant strides in acknowledging new spot exchange-traded fund (ETF) filings. This comes after the SEC’s recognition of filings for multiple cryptocurrencies, including Dogecoin (DOGE), XRP, and Litecoin, signaling a growing trend of crypto assets being considered for traditional investment vehicles.…

Last Tuesday, Congressman Nick Begich (R-AK) introduced The BITCOIN Act of 2025 to the U.S. House of Representatives. He made the announcement that he’d be doing so at the Bitcoin For America summit. The bill, a revised version of a bill that Senator Cynthia Lummis (R-WY) introduced to the Senate last year, stipulates that the United States government acquire 1 million bitcoin for its Strategic Bitcoin Reserve and protects the right of U.S. citizens to self custody their bitcoin. As Rep. Begich spoke about the importance of the bill at the summit, I got the impression that he was acting…

Singapore Exchange (SGX) plans to list BTC perpetual futures later this year, joining a growing number of traditional exchanges diving into the ‘crypto’ market. SGX plans to list the futures in the second half of this year, a spokesperson told Bloomberg. They will only be accessible by professional investors and institutions, in line with the country’s financial regulations which bar retail investors from complex financial products to protect them from their outsized risk. Perpetual futures are a subset of futures contracts that do not have an expiration date. This allows traders to hold their positions indefinitely, unlike with traditional futures.…

Orochi Network, the well-known verifiable data infrastructure provider, has recently commenced an exclusive collaboration with SKATE Chain, a popular infrastructure layer that links key blockchain virtual machines such as EVM. The partnership aims to redefine cross-chain interactions along with improving blockchain scalability via latest technology. The platform revealed this collaboration on its official social media account. 🐲 Orochi x @skate_chainWe’re now official strategic partners!Through this partnership, Orochi helps strengthen Skate’s vision of connecting multiple VMs: https://t.co/4Y9vxaBmMCStay tuned for more exciting details as we keep building together! — Orochi Network (@OrochiNetwork) March 18, 2025 Orochi Network and SKATE Chain Partner to…

Bitcoin (BTC) managed to put in a modest rally early in the U.S. trading session on Friday, but the move was quickly snuffed out. Are bulls lightening up positions ahead of the weekend? They could be forgiven for doing so. In his Friday note, Standard Chartered’s Geoff Kendrick said bitcoin’s price has now declined for five consecutive weekends (measured from 5 pm ET Friday to the same time on Sunday). Among the scares during that timeframe were the DeepSeek AI news and Trump tariff threats. “This is not normal,” reminded Kendrick, noting that weekend price action for all of 2024…

The crypto market has a reliable choice in Litecoin (LTC) because it provides exceptional speed combined with outstanding efficiency. The Curve DAO Token (CRV) represents an inventive asset based on DeFi which permits flexible opportunities for stablecoin exchange alongside liquidity maintenance. Aureal One (DLUME) creates innovative blockchain technologies that focus on providing secure and transparent systems for upcoming digital payment transactions. Recent price gains by Cardano’s (ADA) cryptocurrency have attracted investors to explore fresh market opportunities. Two standout digital assets among others include Litecoin (LTC) and Curve DAO Token (CRV) as well as Aureal One (DLUME). The three coins bring…

Despite the fact that the Dubai Financial Services Authority (DFSA), based out of Dubai (UAE), launched its regulatory framework for investment tokens in 2021, the regulator notes that it didn’t witness substantial growth in the number of firms seeking to tokenize investments. It has now announced the launch of its tokenization regulatory sandbox. After ample market discussions, the DFSA recognized some inherent challenges slowing tokenization projects, such as interoperability issues, scalability issues, education, and regulatory clarity. To tackle these issues, the DFSA has introduced the tokenization regulatory sandbox (TRS), which has two stages: the innovation testing license (ITL) under the…

Wazirx is gearing up for a high-stakes relaunch after a major security breach, partnering with Zodia Custody to reinforce asset security and rebuild user trust. Wazirx Is Gearing Up for High-Stakes Relaunch—Will New Security Hold Up? Indian crypto exchange Wazirx is preparing to restart operations after a major security breach that compromised its platform and led to substantial financial losses. Following the hack, the exchange implemented stricter compliance measures and overhauled its security infrastructure to prevent future incidents. On March 17, Wazirx announced that it had appointed Zodia Custody as its official custodian, a firm backed by financial institutions such…