Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Legal

Roman Storm seeks acquittal of Tornado Cash money transmission charge

By NBTC04/10/2025

Roman Storm, co-founder of Tornado Cash, has asked a US federal judge to acquit him of his sole conviction for unlicensed money transmission and the jury’s hung counts for money laundering and sanctions violations, arguing prosecutors failed to prove he intended to help bad actors misuse the crypto mixer. According to legal documents filed on Sept. 30 and reviewed by Cointelegraph, Storm’s defense argued prosecutors failed to prove he intended to help bad actors use Tornado Cash This, according to the defense, would nullify the grounds for his conviction based on negligent inaction. “Storm and bad actors was a claim…

Exchanges

Bitcoin Exchange Binance Announces Delisting of Numerous Trading Pairs on Its Margin Platform! Here Are the Details

By NBTC04/10/2025

Binance has announced that it will be regulating margin trading and removing some trading pairs from the platform on October 2, 2025. According to the company's statement, both cross margin and isolated margin pairs will be delisted as of 09:00 on that date. Binance Margin Removes Some Margin Trading Pairs on October 2nd The pairs to be removed include HMSTR/FDUSD, MEME/FDUSD, RVN/BTC and USUAL/BTC on the cross margin side, and MEME/FDUSD and RVN/BTC on the isolated margin side. According to Binance's announcement, users will no longer be able to transfer assets to isolated margin accounts for these pairs via manual…

Regulation

Vietnam central bank expects credit growth amid rapid crypto adoption

By NBTC04/10/2025

The State Bank of Vietnam, the country’s central bank, anticipates credit growth of about 20% in 2025, a move that could see liquidity flow into global crypto markets amid rising adoption in the region. Pham Thanh Ha, deputy governor of the central bank, said Friday that interest rates need to be slashed further to encourage economic growth and mitigate the uncertainty from US-imposed tariffs, according to Reuters. Vietnam’s government legalized cryptocurrencies in June as part of broader technology regulation, which categorized cryptocurrencies as either virtual assets representing real-world tokenized products or crypto assets like Bitcoin (BTC) and Ether (ETH). However,…

Legal

Strategy avoids tax hit on Bitcoin after new IRS guidance

By NBTC04/10/2025

Key Takeaways The IRS and US Treasury issued new guidance excluding Strategy's unrealized gains on Bitcoin from the corporate alternative minimum tax (CAMT). Strategy and similar companies will not face CAMT liability on digital asset holdings, easing tax concerns. Strategy, a publicly traded software company positioned as a leading Bitcoin treasury holder, said it will not face corporate alternate minimum tax on its digital asset holdings following new IRS guidance. The US Treasury issued interim guidance on the Corporate Alternative Minimum Tax (CAMT) to explicitly exclude unrealized gains on digital asset holdings from tax assessments. The guidance indirectly addresses concerns…

Exchanges

Robinhood Stock Hits All-Time High as Company Ups Ante on Prediction Markets

By NBTC04/10/2025

Robinhood stock hit a new high Tuesday following a report that the trading platform is looking at expanding its prediction market product outside of the U.S. The company's stock was recently trading for close to $140 a share after hitting a high earlier Tuesday morning New York time above $142. Nasdaq-listed HOOD is up 275% year-to-date, according to Yahoo Finance data. HOOD previously boomed on Monday after Robinhood co-founder and CEO Vlad Tenev said on X that customers had traded over 4 billion event contracts on the company's prediction markets platform. Robinhood Prediction Markets just crossed 4 billion event contracts…

Regulation

Two Top Officials at the Federal Reserve, Jefferson and Logan, Discussed Interest Rate Cuts and the U.S. Economy

By NBTC04/10/2025

Fed officials continue to emphasize the need for cautious monetary policy. Fed Vice Chairman Philip Jefferson said today that the economy is facing two challenging challenges simultaneously: a weakening labor market and above-target inflation. Jefferson stated that the current outlook is characterized by high uncertainty, but that this uncertainty will diminish as the White House's economic policies become clearer. “As these policies are gradually implemented,” Jefferson said, “we will have more time to assess their impact on the economy. I expect overall uncertainty to diminish.” He also commented on the interest rate path, stating that decisions will be made in…

Legal

US Senate to hold hearing on crypto taxes as IRS offers relief on corporate tax

By NBTC04/10/2025

The US Senate Finance Committee will hold a hearing Wednesday on cryptocurrency taxation, a day after the Treasury Department and Internal Revenue Service (IRS) issued interim guidance easing corporate crypto tax rules. The Treasury and IRS on Tuesday issued interim guidance aimed at easing compliance under the Corporate Alternative Minimum Tax (CAMT), including for companies operating in the digital assets sector. Signed into law under former President Joe Biden as part of the Inflation Reduction Act of 2022, CAMT imposes a 15% minimum tax on the financial statement income of large corporations. The two pieces of the latest interim guidance,…

Exchanges

Which Model Will Dominate the Next Crypto Cycle?

By NBTC04/10/2025

Centralized exchanges are shifting from trading venues to regulated finance platforms. IPO fundraising, app innovation, and stricter oversight reveal a structural change in how institutions and consumers access markets. At the same time, perpetual DEXs surged past $2.6 trillion in trades in 2025, showing how decentralized rivals are gaining traction with custody-free leverage and speed. This transition matters because it determines whether CEXs become systemic finance hubs—subject to bank-like standards and investor capital flows—or risk losing ground to decentralized rivals. IPO Momentum Signals a Shift in Exchange Models Latest Update Kraken secured $500 million to speed its IPO and strengthen…

Regulation

Robinhood Takes Flight, GM to Walmart, and Never Not Trading

By NBTC04/10/2025

Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. In this week's roundup, we've got the latest on CME, Walmart's crypto play (for real this time), and Robinhood flying high: All-time highs for HOOD Stock and crypto trading app Robinhood saw a new all-time high this week on reports that it’ll extend its prediction market offerings outside of the United States. Reports surfaced this week that the company has been speaking with the U.K.’s Financial Conduct authority about expanding there, but the company didn’t immediately respond to confirm or deny the news. There…

Legal

UAE to roll out crypto CARF framework by 2028

By NBTC04/10/2025

The UAE Securities and Commodities Authority (SCA) has shared its Crypto Asset Reporting Framework (CARF) consultation paper. This comes as the UAE recently joined the CARF framework. In September 2025, Cryptopolitan reported that the United Arab Emirates (UAE) Ministry of Finance signed a Multilateral Competent Authority Agreement (MCAA) and joined the global Crypto-Asset Reporting Framework (CARF). The UAE framework is scheduled to roll out in 2027, and then the UAE is expected to start sharing data with international tax authorities in 2028. CARF provides an international standard for the automatic exchange of crypto-asset-related information between tax authorities and is part…