Author: NBTC

On July 24, 2025, the Full Federal Court of Australia issued its decision in ASIC v Wallet Ventures Pty Ltd [2025] FCAFC 93, dismissing the Australian Securities and Investments Commission’s (ASIC) appeal in a closely watched case concerning the regulatory status of crypto-asset products. The ruling affirms that Finder Wallet’s “Finder Earn” product does not constitute a “debenture” under the Corporations Act 2001 (Cth), thereby exempting it from financial product licensing obligations. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. Background: The Product and the Allegations The case stems from Finder Wallet’s operation of…

BISON, the crypto trading platform owned by Boerse Stuttgart Group, will add six new cryptocurrencies to its offering by the end of July, bringing the total to 32. Users will be able to buy and sell Lido DAO , Binance Coin , Avalanche , Ondo , Pepe and NEAR Protocol without paying trading fees. The new additions broaden BISON’s asset coverage across key sectors of the crypto market, from liquid staking and meme coins to blockchain infrastructure and real-world asset tokenization. “These six new coins were carefully selected based on market cap, regulatory compliance, custody security and user demand,” said…

BlackRock’s IBIT ETF (Exchange-Traded Fund) is turning heads amid a sustained growth in its net assets, with analysts saying it could reach $100 billion this month. The financial instrument recently passed as the asset manager’s most profitable ETF, driving more revenue than BlackRock’s S&P 500 fund. Can BlackRock’s IBIT Reach $100 Billion in Assets in July? Analyst Says Yes ETF analyst Eric Balchunas said BlackRock’s IBIT ETF could reach $100 billion in net assets in July. The optimism comes amid consistent positive flows into the financial instrument as institutional investors seek indirect exposure to BTC via IBIT. “I wrote last…

President Donald Trump is considering a new round of stimulus checks targeting low-income Americans, according to unconfirmed reports. The unconfirmed reports say that the proposal is under review as part of broader economic support plans. Though still a rumor, the move might mirror pandemic-era relief policies that injected billions into American households. What Are Stimulus Checks? Stimulus checks are direct cash payments from the federal government to eligible citizens. They aim to boost spending and reduce financial stress during economic downturns or emergencies. In 2020, under the CARES Act, individuals received $1,200, while joint filers got $2,400. The government followed…

The Central Bank of Uruguay has hinted at the possibility of declaring bitcoin a “non-financial virtual asset,” potentially securing an easier compliance path for virtual asset service providers. Stablecoins, on the other hand, would be classified as “financial virtual assets.” Uruguay to Clarify Status of Bitcoin and Other Virtual Assets in New Regulation The Central Bank of Uruguay has hinted at the issuance of new regulations to clarify the status of bitcoin and other virtual assets and the licenses that virtual asset service providers (VASPs) must obtain to provide trading and custody services for these assets. At the Blockchain Summit…

Travellers and K-culture enthusiasts visiting South Korea can withdraw cash or issue a prepaid transit card in 85 legal currencies from 15 countries by using their Kaia USDT deposit. Located at the country’s 7 hotspots, DTMs employ DaWinKS’s trusted and true passport-scanning technology used at the airport’s immigration in Korea to ensure quick and reliable transactions. Kaia DLT Foundation (Kaia) announced that DaWinKS, a blockchain-based fintech company, supports Kaia-issued USDT on its Digital ATMs (DTM) installed across major travel spots in South Korea. In direct response to travellers and K-culture enthusiasts heading to the country, this offline on/offramp service enables…

Marathon Digital Holdings (MARA), the largest publicly traded Bitcoin mining company in the US, is increasing its investments in institutional-grade Bitcoin yield strategies. Marathon Digital Deepens Bitcoin Yield Strategy with $20 Million Investment in Two Prime The company formalized the partnership by investing $20 million in SEC-registered investment advisor Two Prime. This investment also increases MARA’s Bitcoin allocation to Two Prime from 500 BTC to 2,000 BTC. Susquehanna Crypto also participated in the round. With the new funding, MARA becomes not only a capital investor but also an equity owner in Two Prime’s returns platform, specifically designed for corporate treasuries,…

Quantum Solutions Co., Ltd., a public company listed on the Tokyo Stock Exchange (2338), has announced a new plan to build one of the largest corporate Bitcoin holdings in the world. The company, which operates without debt, is shifting its strategy to focus on acquiring and holding Bitcoin as a treasury reserve asset. The plan began with a major investment from Integrated Asset Management (Asia) Limited, a Hong Kong-based firm known for leading the 2014 acquisition of Forbes Media. The investment marks a new phase for Quantum, as it prepares to raise more capital and expand its treasury through equity…

The Hong Kong Monetary Authority (HKMA), the special administrative region’s central banking authority, has finalized its regulatory framework for stablecoin issuers, releasing two sets of guidelines that will take effect on Aug. 1. On Tuesday, the HKMA released finalized guidelines and consultation conclusions to clarify the upcoming rules. The documents addressed the supervision of licensed stablecoin issuers and Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) rules for licensed stablecoin issuers. Alongside the finalized rules, Hong Kong will launch a public registry of licensed issuers as part of a broader push to bring oversight to the local crypto ecosystem. “In the…

PEPE GAMES has partnered with GaFin, introducing a a meme-themed play-to-earn game hub on the Solana blockchain. This integration will allow PEPE GAMES to use the infrastructure set by GaFin to support its ecosystem of games focused on Free-to-Play and Play-to-Earn models. 🎮✨ New Meme-Powered Partnership Alert! ✨🎮We’re excited to announce that GaFin is now officially partnering with @pepegames_sol – the first Meme-Themed Web3 Gaming Hub on Solana! 🐸💥PEPE GAMES is creating a Free-to-Play and Play-to-Earn ecosystem where memecoins come… pic.twitter.com/AT19nhj7sF — GaFin (@Gafin_io) July 29, 2025 The teamwork will provide players with an avenue to enjoy meme-themed games and…