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.

Bank of Russia prepares stricter rules for crypto operations

Russia’s monetary authority is going to impose new requirements for crypto-related operations to allegedly reduce the risks for banks involved in their processing. The regulator has already informed dozens of concerned institutions about the planned regulatory changes, urging them to treat such transactions conservatively in the meantime. Bank of Russia to regulate crypto-linked bank operations The Central Bank of Russia (CBR) intends to adopt specific rules to guide banking organizations working with digital assets, the official TASS news agency reported. These are necessary to minimize risks for commercial banks and their customers stemming from crypto operations, the authority argued, also…

LegalAug 30

Chris Weston Warns of 4100 Resistance

Ethereum is currently trading in the vicinity of the 4100 USD price range which is an area noted by Chris Weston as a historic breakout mark during the highs of December. His chart has an ascending tendency yet indicates the region of pullback, which occurs between 4100 4200. In the past these levels provide resistance. A report published in Journal of Financial Economics, 2023 confirmed the results that resistance zones in crypto are likely to cause profit taking. However, the robust surge of Ethereum to levels above 4000 in September reveals a positive trend and Weston advises the traders to…

EthereumAug 30

Royal Bank of Canada’s Astounding 16% Surge in Bitcoin Holdings

A significant shift is underway in the traditional financial world. The Royal Bank of Canada (RBC) has made a notable move, substantially increasing its RBC crypto investment. This development highlights a growing trend among major financial institutions embracing digital assets. It’s a clear signal of evolving perspectives on the future of finance. Royal Bank of Canada’s Astounding 16% Surge in Bitcoin Holdings In a move that has captured attention, the Royal Bank of Canada significantly boosted its holdings in Strategy shares. During the second quarter, RBC’s stake rose by approximately 16%. This increase took their total shares from 162,909 in…

RegulationAug 30

Japan Reveals 2026 Tax Reform, Including Crypto Measures

Japan’s Financial Services Agency (FSA) has disclosed the outline of its 2026 tax reform request, which includes proposals to revise cryptocurrency taxation and expand the Nippon Individual Savings Account (NISA) framework. According to Kyodo News, the FSA’s reform request includes reviewing tax rules for cryptocurrency trading, such as Bitcoin. FSA Proposes Revisions to Cryptocurrency Taxation Individual crypto gains are subject to comprehensive taxation, which combines profits with salary income and potentially reaches a maximum tax rate of 55%. The FSA and industry associations are advocating for the introduction of separate self-assessed taxation, or “declaration-based capital gains tax,” which would apply…

LegalAug 30

Here’s why ETH is down today

After nearly a month in the green, Ethereum price has come with the market’s second-largest cryptocurrency reversing sharply from its recent highs. Summary Ethereum price has dropped 5% in the past 24 hours, extending a 10.6% decline from this month’s peak above $4,759. Over $870 million in leveraged crypto positions were liquidated in the past day, with ETH alone accounting for $210.6 million. Profit-taking is accelerating among both institutional and retail investors, adding to selling pressure. The price of Ethereum (ETH) has seen it slip approximately 5% over the past 24 hours, trading slightly under $4,255 at the time of…

EthereumAug 30

“Want to Be Japan’s Circle,” Says JPYC, Japan’s First Stablecoin Issuer

JPYC Inc., a Tokyo-based fintech, has secured regulatory approval to issue Japan’s first yen-denominated stablecoin and will launch a new issuance and redemption platform dubbed “JPYC X” in the coming weeks. The announcement marks a breakthrough for Japan’s digital asset industry as it adapts to new legislation designed to bring stablecoins under financial regulation. Japan’s First Licensed Yen Stablecoin In Tuesday afternoon’s press conference, the company said it received registration as a “funds transfer service provider” under Japan’s amended Payment Services Act, enabling it to issue the electronic money token directly backed by yen. JPYC will issue the token on…

RegulationAug 30

US appeals time served sentences for HashFlare Ponzi schemers

US prosecutors appealed the sentences of time served given to the co-founders of HashFlare, a crypto mining service and $577 million Ponzi scheme. Prosecutors told a Seattle federal court on Tuesday that the government was appealing the sentences handed down earlier this month to Sergei Potapenko and Ivan Turõgin. Potapenko and Turõgin were in custody for 16 months in their native Estonia after their arrest in October 2022 and were extradited to the US in May 2024, where they pleaded guilty to conspiracy to commit wire fraud. The government had argued that the pair should get 10 years in prison,…

LegalAug 30

Drop Below $4,000 Could Trigger $1 Billion in Liquidations

Ethereum risks over $1 billion liquidation if price falls below $4,000 support zone. Liquidation trackers show $536 million wiped out, with Ethereum leading at $212.9 million. Ethereum’s breakdown may trigger a wider crypto sell-off, putting entire market under serious pressure. Ethereum (ETH), the second-largest cryptocurrency, has seen a sharp pullback, dropping nearly 5% to around $4,270. The dip came as traders reacted to global economic news, shifting Federal Reserve expectations, and a wave of liquidations that shook the market. With ETH now hovering around $4200, a drop could lead to $1 billion in liquidation and more, which could lead to…

EthereumAug 30

CoinDCX CEO Says India’s Web3 Can Add $1.1T GDP by 2032

CoinDCX CEO Sumit Gupta believes Web3 could become a cornerstone of India’s digital economy. In a post on X, Gupta projected that the sector could add $1.1 trillion to India’s GDP by 2032. He pointed to the country’s growing developer base and startup ecosystem as evidence of its readiness to lead. India already has more than 1,000 Web3 startups. The country also accounts for over 12% of the world’s crypto developers, according to Gupta. These numbers, he argued, show that India can build its own blockchain protocols, wallets, and exchanges instead of depending on global players. Gupta described Web3 as…

RegulationAug 30

Navigating RWA Regulations in the Crypto Space

Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. A Look at RWA Regulatory Policy The tokenization of real-world assets (RWAs) has emerged as one of the most promising applications of blockchain technology. By representing traditional assets—such as real estate, commodities, or financial instruments—on-chain, tokenization offers the potential for greater liquidity, fractional ownership, and more efficient settlement. Yet despite its appeal, the legal landscape remains complex, particularly as…

LegalAug 30