Author: NBTC

CoinEx Pay, a new payment solution by CoinEx, seeks to make crypto payments faster and easier. On September 22, 2025, the news was posted on the exchange’s official X account. This functionality has already been deployed and is available in the CoinEx App. Wide Crypto Support This is, among other things, one of the advantages of CoinEx Pay, as its supported cryptocurrencies are a lot. Among them are Bitcoin (BTC), Ethereum ( ETH), Tether (USDT) and CoinEx Token (CET) though payments can be made using over 1,000 cryptocurrencies. The broad coverage is of interest to users wanting flexibility for a…

Rick Rieder, a senior executive at BlackRock Inc., has emerged as a likely candidate to take over the position after Fed Chair Jerome Powell’s term expires in May. Treasury Secretary Scott Bessent held a two-hour meeting with Rieder in New York yesterday, according to an official familiar with the matter. The meeting focused on monetary policy, the Fed’s institutional structure, and regulatory policies. Bessent has reportedly met with four of the 11 candidates publicly mentioned so far, and the process is ongoing. It’s also being reported that one or two more names may be added to the list. Rieder heads…

The U.S. Securities and Exchange Commission approved a change to how companies can list and trade shares of exchange-traded funds, which should streamline the process for new products moving forward. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative A majority of commissioners at the U.S. Securities and Exchange Commission voted to streamline the process by which companies could list and trade shares of spot crypto exchange-traded funds (ETFs), as well as other types of ETFs, through the approval of a generic listing…

Crypto.com Capital, the venture arm of Crypto.com, has made a strategic investment in Moonlander, a decentralized perpetuals exchange built on Cronos EVM and zkEVM, as per reports shared with Finbold on September 22. Moonlander aims to expand access to high-leverage on-chain trading, offering up to 1000x leverage, while integrating passive yield opportunities for liquidity providers. By leveraging Cronos’ dual-chain infrastructure, the platform combines scalability with low transaction costs, supporting both professional traders and passive participants. Liquidity model and social-first design At the core of Moonlander’s design is the Moonlander Liquidity Pool (MLP), a shared pool of assets that acts as…

The Russian market for crypto investment products is likely to amount to a couple of trillion rubles next year, predicted a prominent member of Russia’s crypto space. The forecast comes after Moscow took a series of steps in the past months to organize and regulate this segment of its digital economy, still strictly reserved for institutions and rich Russians. Regulation opens door for institutional players Russia has been gradually warming towards crypto since last year, with laws and rules recognizing certain activities related to digital assets. The adoption of basic regulation in 2024, when the Russian government legalized cryptocurrency mining,…

The fight over how to regulate cryptocurrencies in the United States has entered a new stage in the Senate. Twelve Democrats are pressing Republicans to let them take part in actually writing the crypto market structure bill, rather than leaving them to comment on a GOP-drafted proposal. Their demand highlights the high stakes of this legislation, which could define the balance of power between the SEC and CFTC, reshape oversight of digital assets, and set the rules of the road for investors and exchanges. Democrats Call for True Collaboration A group of twelve Senate Democrats released a statement urging Republicans…

ASTER, the native cryptocurrency of BNB Chain-based decentralized perpetuals exchange Aster, has risen over 1,700% in a matter of days. According to CoinMarketCap data, Aster is up 1,677% in the last seven days. The Aster token reached an all-time high of $1.97 on Sept. 21 before dropping nearly 35% to a low of $1.275 on Monday as the broader crypto market led by Bitcoin fell, with a massive $1.7 billion in positions liquidated. At press time, Aster was down 11.11% in the last 24 hours to $1.57 and down nearly 20% from its ATH set in the Sunday trading session.…

Allied Gaming is making its move as institutional crypto adoption accelerates. The company invested in Bitcoin and Ethereum, citing a shifting regulatory environment as a key factor enabling its new digital asset strategy. Summary Nasdaq-listed Allied Gaming added BTC and ETH to its treasury for the first time. Shares jumped over 100% following the crypto investment announcement. The move aligns with accelerating institutional adoption of digital assets According to a press release dated September 12, Nasdaq-listed Allied Gaming & Entertainment has made an initial allocation of its corporate treasury into Bitcoin (BTC) and Ethereum (ETH). The experiential entertainment firm, known…

A high-stakes criminal trial that could shape how British courts handle cryptocurrency-related crime compensation is set to open in London on September 29. The defendant, Chinese national Zhimin Qian, is accused of masterminding a cross-border investment fraud whose proceeds were converted into Bitcoin, now valued at about $7 billion. Prosecutors say Qian ran a scheme in China that drew in nearly 130,000 people. Investigators allege she directed operations through Tianjin Lantian Gerui Electronic Technology Co., and, between 2014 and 2017, promoted a Ponzi-style product that promised eye-catching returns of 100% to 300%. The plan unraveled in 2017 after China put…

Transak has added support for Global Dollar (USDG), the new U.S. dollar-backed stablecoin issued by Paxos Digital Singapore and Paxos Issuance Europe, according to an announcement on September 22. The move makes compliant, audit-backed digital dollars accessible to over 10 million users worldwide through Transak’s fiat-to-crypto infrastructure. USDG powers the Global Dollar Network and is backed one-to-one with U.S. dollar reserves, primarily in high-quality liquid assets such as U.S. Treasuries. Paxos Digital Singapore, the issuer, holds a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS), while Paxos Issuance Europe is regulated by Finland’s Financial Supervisory Authority…