Author: NBTC

News that the Bank of England could allow certain exemptions for its planned stablecoin holding cap has been greeted with muted enthusiasm from within the UK crypto industry, with stakeholders calling for the proposed limits to be “recalibrated.” The potential waiver would enable crypto-exchanges and other large entities to exceed the mooted £10 million ($13.3 million) limit for businesses. This holding limit drew criticism from the UK crypto industry in September, when it emerged that the central bank intended to go ahead with a previously discussed cap, which would also prohibit individuals from holding more £10,000 or £20,000 ($13,300 or…

21Shares, a major crypto exchange-traded product (ETP) provider, is expanding its offerings in Europe with the launch of six more funds on Sweden’s stock exchange, Nasdaq Stockholm. 21Shares on Thursday announced the cross-listing of six additional products on Nasdaq Stockholm, including ETPs for Aave (AAVE), Cardano (ADA), Chainlink (LINK), Polkadot (DOT) and two crypto basket products. With the expansion, 21shares now offers a total of 16 ETPs on Nasdaq Stockholm, which is just a fraction of multiple offerings available on other European exchanges like SIX Swiss Exchange, Deutsche Börse Xetra, Euronext Amsterdam and more. The new launches came the next…

Dinari announced Thursday that it is integrating LayerZero, an interoperability protocol, enabling its tokenized U.S. stocks, known as dShares, to trade and settle across multiple blockchains. Dinari is an on-chain protocol offering tokenized securities trading with a total value locked of around $45 million, per DeFiLlama. The initial rollout covers four blockchains and 200 tokenized U.S. stocks, with plans to expand to LayerZero’s network of more than 150 blockchains and eventually the full U.S. stock market. Each dShare is backed 1:1 by the underlying security, while LayerZero’s Omnichain Fungible Token (OFT) standard allows the tokens to transfer across different blockchains…

Hargreaves Lansdown, the UK’s largest retail brokerage, advised investors to avoid adding cryptocurrencies to their portfolios even as regulators opened new paths for exposure. The firm reiterated that Bitcoin “has no intrinsic value” and lacks the fundamentals that define legitimate asset classes such as equities or bonds. Hargreaves Lansdown framed crypto’s sharp rallies and collapses as speculative episodes, not sustainable growth cycles. The cautionary note arrived just as the Financial Conduct Authority (FCA) confirmed plans to lift its four-year ban on crypto exchange-traded notes (ETNs), signaling the biggest regulatory change for retail crypto access since 2021. Related: Digital Assets Take…

Get ready for a groundbreaking moment in cryptocurrency history! Bitcoin Capital is set to launch a BONK exchange-traded product on the prestigious SIX Swiss Exchange this November 27th. This exciting development represents a significant step forward for meme coin adoption and institutional cryptocurrency investment opportunities. What Makes This BONK ETP So Revolutionary? The upcoming BONK ETP listing marks a pivotal moment for the cryptocurrency market. Exchange-traded products provide traditional investors with regulated access to digital assets they might otherwise find challenging to acquire. This BONK ETP specifically opens doors for institutional and retail investors seeking exposure to meme coins through…

Maintaining exceptional editorial standards, with content reviewed by trusted editors and seasoned industry professionals. Stellar trials show real assets tested with permissionless networks for faster, compliant settlement activity. Cross-border transfers run quickly on Stellar, cutting delays and costs for global payments access. Stellar CEO Denelle Dixon pointed to growing experimentation across the network, stressing that permissionless public blockchains now show tangible progress in practical settings. In her recent update, she spotlighted live activity within Stellar’s ecosystem where companies explore faster reporting methods and improved access to cross-border operations. She referenced the involvement of the US Faster Transactions Data Access (FTDA)…

Crypto.com will provide VerifiedX with $1.5B in institutional-grade custody and liquidity support. Partnership enables institutions using VerifiedX to securely store and transact assets via Crypto.com Custody. Integration builds on earlier collaboration linking Crypto.com Pay and on-ramps to Switchblade Wallets. Crypto.com and the VerifiedX (VFX) Network (VerifiedX.io), a global leader in self-custody and Web3 wallet infrastructure, have announced a partnership under which Crypto.com will provide secure, institutional-grade custody and liquidity support for $1.5 billion in assets, along with OTC trading capabilities. The collaboration enables eligible institutions using VerifiedX to safely store, manage, and transact digital assets through Crypto.com’s regulated custody platform.…

A new blockchain builder program in the Philippines is helping train young developers in a remote province to write blockchain code and ship projects on-chain. Students from Puerto Princesa, the capital city of Palawan, a long, sparsely populated island province isolated to west of the Philippines, spent weeks learning something entirely new to them: Move, an open-source smart contract language originally developed from Meta’s Diem project, now adapted by its former developers who went on to build Sui and Aptos. Dubbed the Sui Builder Program, the initiative offers a skills-based and results-oriented path that stands in contrast to economies of…

The US government shutdown has negatively impacted government agencies. As a result, government employees were furloughed, and the publication of key economic indicators, such as employment and Gross Domestic Product (GDP), was suspended. As uncertainty persists about how long the US lockdown will last, anxiety about the Fed’s interest rate cuts has also increased. The Fed, which bases its interest rate decisions on released economic data, will be unable to provide much important economic data. Citibank economists said they expect the Fed to continue cutting interest rates for the rest of the year, despite the risk of missing out on…

Maintaining exceptional editorial standards, with content reviewed by trusted editors and seasoned industry professionals. Opera’s MiniPay now lets 10M users spend USDT directly via local QR codes in Argentina and Brazil. Lemon Wallet transforms into a crypto app store, allowing usage of dApps without managing private keys. The Opera web browser has activated a feature within its stablecoin wallet, MiniPay, that permits the use of tether (USDT) for commercial transactions in Argentina and Brazil. This development was officially announced during the Devconnect conference in Buenos Aires. The tool, named “Pay like a local,” is now operational for a user base…