Author: NBTC
StablesLabs, the issuer of USDX and sUSDX stablecoins, commended Citibank’s ground-breaking plans to integrate stablecoin transfers into its traditional banking infrastructure. Yesterday, August 15, 2025, fresh data disclosed that Citigroup, a US investment bank, is making preparations to broaden its presence in the virtual currency landscape, with plans to offer custody and related services for stablecoins and crypto-focused investment products. When TradFi Validates DeFi: @Citibank Stablecoin Move Echoes Our Vision1️⃣ We Saw This ComingRegulators are finally setting clear rules for stablecoins — from issuance to custody. It’s exactly the environment we designed $USDX and $sUSDX for: fully compliant, secure, and……
U.S. lawmakers ramped up global momentum on digital asset regulation and monetary policy during a high-stakes European tour aimed at fortifying transatlantic financial and security alliances. Congressional Delegation Advances US-Europe Alliance on Crypto, Policy, and Security U.S. House Committee on Financial Services Chairman French Hill announced on Aug. 29, 2025, that he and Rep. Vicente Gonzalez led a bipartisan delegation to Italy, Switzerland, and Germany from Aug. 20 to 28 to strengthen U.S.-European ties on financial regulation and security. The lawmakers met with senior officials from both government and industry to discuss digital assets, tokenization, monetary policy, and transatlantic cooperation…
Jupiter, a DeFi application on Solana, has launched the public beta of its new lending platform, Jupiter Lend. The project was developed in partnership with Fluid, a company known for building lending markets on Ethereum. The security of the platform has been reviewed through two independent audits by Zenith and Offside Labs, with three additional audits in progress. Jupiter plans to open-source the code and introduce a bug bounty program once reviews are complete. The platform includes more than 40 vaults and offers over $2 million in incentives from Jupiter, Fluid, and ecosystem partners. Within the first 24 hours, the…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. It’s worth taking another look at those corporations hoarding crypto — particularly as we see momentum around the ones accumulating ETH. You may know them as crypto treasury companies or, as Blockworks Research’s Dan Smith calls them: DATs (digital asset treasuries). But no matter the label, they’ve grown big enough for many to notice — and we’re not just talking about Michael Saylor’s Strategy. Though Strategy (holding 628,946 BTC) has historically dominated trading volumes in this segment of companies, we saw BitMine Immersion (BMNR) eclipse the…
The US Senate plans to consider a new bill to regulate cryptocurrency markets at the end of September. According to information provided by sources familiar with the matter, the Senate Banking Committee aims to hold a markup hearing on September 30 for the bill titled “Responsible Financial Innovation Act of 2025.” The bill specifically aims to clarify the Securities and Exchange Commission’s (SEC) role in crypto markets. A markup session will give committee members an opportunity to propose amendments to the bill. The committee can then decide to submit the legislation to the full Senate. Meanwhile, the Senate Agriculture Committee,…
BlackRock CEO Larry Fink nominated as interim co-chair of World Economic Forum board Summary Larry Fink, CEO of BlackRock, became interim chair of the World Economic Forum board Formerly a Bitcoin skeptic, Fink has been the driving force behind Wall Street’s crypto adoption WEF founder, Klaus Schwab, recently resigned amid reorganization Bitcoin (BTC) may soon be getting a seat at one of the most influential finance forums in the world. On Friday, August 15, Larry Fink, CEO of BlackRock, was appointed interim co-chair of the World Economic Forum board. Fink will share the role with André Hoffmann, vice chairman of…
Japan’s Financial Services Agency (FSA) announced a comprehensive restructuring of its regulatory structure by announcing its 2026 budget and organizational plan. These changes include the restructuring of the General Policy Office, the establishment of the Asset Management and Insurance Supervision Office, and special units for crypto assets and cashless payments. These new units include the Crypto Assets and Innovation Office and the Fund Settlement Monitoring Office. In the crypto asset sector, the existing “Crypto Asset and Innovation Advisory Office,” “Fund Settlement Monitoring Office,” and “Settlement and Digital Finance Group Monitoring Office” will be merged to create a new department responsible…
The company raised $1.1 billion through its initial public offering, pricing 30 million shares at $37 each. This gave Bullish a market value of $5.4 billion at launch, though the stock’s strong performance pushed its valuation to over $13 billion by the end of trading day. From Filing to Trading Floor Bullish first filed for its IPO in July 2025. The company initially planned to sell fewer shares at a lower price range but increased both due to strong investor demand. The original plan called for 20.3 million shares priced between $28-$31 each, targeting a $4.2 billion valuation. The final…
The case involving Cred LLC, a San Francisco-based cryptocurrency lending firm that filed for bankruptcy in November 2020, has been resolved with a sentencing that will see its founder and CFO spend time in jail. The executives, Daniel Schatt (former CEO) and Joseph Podulka (former CFO), are being punished for their roles in a wire fraud conspiracy that led to about $1 billion customer losses according to current coin valuations. How long will Cred’s CEO and CFO be gone for? According to the U.S. Attorney’s office for the Northern District of California, Daniel Schatt, the company’s co-founder and CEO, got…
S&P Dow Jones Indices (S&P DJI) is in discussions with major exchanges, custodians and DeFi protocols to license and list tokenized versions of its benchmarks, according to Stephanie Rowton, the firm’s director of US equities. Rowton told Cointelegraph that the index provider is taking a “strategic approach” to ensure tokenized S&P products are launched only on platforms that meet high standards for transparency, security and regulatory compliance. “By establishing these types of relationships, we hope we can work together to participate in a robust infrastructure that supports the trading and accessibility of tokenized versions of our indexes, ultimately enhancing the…