Author: NBTC

Federal Reserve researchers proposed a framework on Sept. 4 for deciding how stablecoins and other blockchain-based financial products could fit within U.S. money supply statistics. Payment stablecoins are not currently included in M1 or M2, but their future classification could depend on how households and businesses use them. The authors, Kristen Payne and Mary-Frances Styczynski, examined payment stablecoins, tokenized bank deposits and tokenized money market funds in a Federal Reserve study. They considered both the economic function of each asset and whether reliable data could be collected without counting the same money twice. The authors stressed that the paper reflects…

Cardano ($ADA), the layer-one blockchain, has officially released a phased roadmap for its upcoming ‘Dijkstra’ hard fork era, outlining key technical milestones and tentative timelines. The roadmap, published through the project’s official channels, sets a target for completing code development by the fourth quarter of 2026, followed by a mainnet upgrade preparation phase. This first phase includes an upgrade to protocol version 12 and the introduction of related features designed to enhance the network’s capabilities. Understanding the Dijkstra Era and its technical phases The Dijkstra era is named after the renowned computer scientist Edsger Dijkstra, reflecting Cardano’s focus on rigorous,…

Poland is preparing a new crypto bill after parliament failed to override President Karol Nawrocki’s veto of legislation regulating the market, according to Polish business daily Rzeczpospolita. The Finance Ministry is working on the bill draft, a Civic Coalition spokeswoman said. Polish People’s Party lawmaker Krzysztof Paszyk confirmed the effort and said the government would provide more details on the timing in the coming days. The Sejm, the lower house of the Polish parliament, on Friday voted 241 to 198, with three abstentions, against overturning the presidential veto. The result was below the three-fifths threshold required, with PiS, Confederation and…

Student loan real-world asset (RWA) protocol Pencil Finance completed a $1 million onchain student loan cycle, offering financing to thousands of students in Southeast Asia who were underserved by traditional lenders. Pencil said it completed its first fully onchain student loan cycle on the blockchain, where the platform deployed $1 million in capital as a lender that was repaid by borrowers to the bundle’s funders with yield, the company revealed in a Thursday announcement shared with Cointelegraph. The bundle was funded in July 2025 by Animoca Brands, Open Campus and New Campus, structured as a senior tranche with fixed returns…

Wall Street giant Morgan Stanley Bitcoin exchange-traded fund now has close to $400 million in assets under management — despite only launching in April. The NYSE Arca-listed fund, which is the first by a bank, got off to a roaring start when it debuted, bringing in over $33 million in fresh cash on its first day. Now, the fund has over $391 million in assets, demonstrating the popularity of the product. Many ETFs never reach $400 million in assets at all, let alone in one quarter. Senior Bloomberg Intelligence ETF analyst Eric Balchunas revealed Friday that the product has been…

Arbitrum’s Watchdog Committee, a grant oversight body, has given three DeFi projects until a tentative Sept. 10 deadline to answer high-severity misuse findings and return funds it considers unresolved, or face separate votes on permanent exclusion from future DAO programs. The cases name Good Entry, Limitless and APX Finance, formerly ApolloX. Their cited figures add to 457,553 $ARB, but that total combines different findings rather than representing one amount established as stolen, outstanding or recoverable. As of Sept. 5, no response from any of the projects appeared in the proposal thread. The committee described the schedule as tentative and said…

Ether Holds Its Ground With $302 Billion Market Cap One-month statistics against bitcoin show that ethereum’s price has jumped higher with a 29.6% gain. But year-to-date and 12-month metrics show bitcoin’s price still has the leading edge. Of the crypto economy’s $2.7 trillion market capitalization, ether commands a $302 billion valuation, giving $ETH roughly 10.8% dominance today. $ETH also retains its position as the second-largest crypto asset by market cap, sitting a hefty $119 billion above USDT’s valuation. This weekend, $ETH has traded in a tight range between $2,445 to $2,483 per coin and volume is a touch lower with…

In a recent interview, Tether CEO Paolo Ardoino revealed that Tether plans to become a top 5 buyer of US Treasuries. Currently ranked between the 16th and 17th largest holder, Tether aims to increase its investments as $USDT’s market cap grows. This move is significant as it enhances the stablecoin’s role in the broader financial ecosystem, suggesting a shift in market dynamics. source Inside the Move Amid a wave of selling pressure across the crypto market, Tether’s CEO Paolo Ardoino highlighted the company’s ambition to solidify its position as a major player in the US Treasury market. In a video…

The Federal Reserve’s struggle to manage a soft landing, where inflation falls without triggering a recession or a sharp rise in unemployment, will influence markets this week, with Wednesday’s FOMC minutes offering a closer look at whether the central bank is considering additional interest-rate increases. Adam Posen, president of the Peterson Institute for International Economics, said he sees just a 25% chance of a Fed hike in September. Rather, he expects the first move in December, even as he forecasts inflation rising again in early 2027. Geopolitical developments will also need to be monitored, given their strong influence on volatility…

At the Second International Congress on Law and Technology in Business, CNV Argentina’s president, Roberto E. Silva, outlined significant upcoming regulations regarding PSAVs and tokenization. This move is pivotal as it aims to modernize and expand investment opportunities within Argentina’s capital markets, fostering a more inclusive environment for investors. For more details, see CNV Argentina’s official announcement here. The Key Development The International Congress, organized by the Austral University, served as a platform for key discussions on the evolution of financial regulations in Argentina. Silva emphasized the commitment of CNV Argentina to enhance the capital markets by integrating new technologies…