Author: NBTC

A Framework Already in Place Senate lawmakers working on cryptocurrency tax rules may be ready to act “sooner rather than later,” possibly in the fall, according to Daines, a member of the Senate Finance Committee. He said the groundwork is further along than many observers assume. “We’ve gotten a framework put together,” Daines said, adding that he was hopeful lawmakers could hold a markup on crypto tax legislation this year. A markup would mark the first formal step toward turning the framework into a bill the full chamber could consider. Image source: X The comments, reported by Bloomberg Tax, suggest…

Crypto exchanges are evolving from trading venues into financial infrastructure providers as tokenization, stablecoins, and artificial intelligence reshape the architecture of global finance, according to Bybit Co-Founder and CEO Ben Zhou. Speaking at Point Zero Forum 2026 in Zurich during a fireside chat titled “The Exchange as Settlement Layer: How Tokenization Rewires the Role of a Crypto Platform,” Zhou outlined how exchanges must adapt as financial assets become programmable and settlement becomes instantaneous. “The role of exchanges is changing fundamentally,” said Zhou. “In the early days, exchanges competed on matching engines, latency, and execution speed. Today, we are becoming gateways…

Bitcoin has spent years moving almost in sync with U.S. stocks, especially technology shares. When the S&P 500 and Nasdaq-100 rallied, Bitcoin usually rallied harder. When equities crashed, Bitcoin often fell even faster. But 2026 has looked very different. The S&P 500 and Nasdaq recently reached fresh all-time highs, fueled by strong corporate earnings and the ongoing artificial intelligence boom. Meanwhile, Bitcoin has remained stuck below $80,000, trading well below its late-2025 peak of $126,000. The divergence has surprised many investors because crypto and equities have become deeply connected over the last few years. Yet this cycle shows that Bitcoin…

SWIFT’s Interoperability Vision Rekindles XRPL’s Memories Debate as Tokenized Finance Race Heats Up SWIFT may have just reignited one of the biggest debates in digital finance entailng how the fragmented world of tokenized assets will become connected. In a recent conversation about interoperability, the global financial messaging network highlighted that true interoperability is not simply about connecting systems. It is about creating a financial ecosystem where different networks can work together seamlessly, delivering greater choice, efficiency, security, and scalability while reducing fragmentation. Why is this the tip of the iceberg? Well, these remarks have quickly drawn attention from the $XRP…

Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who is serving a 7.5-year prison sentence after reaching a plea agreement with prosecutors, is scheduled to stand trial in November following delays stemming from motions related to her husband’s plea deal. On Wednesday, Judge George Daniels in the US District Court for the Southern District of New York ordered a trial start date of Nov. 9 for Bond, who faces four charges related to campaign finance law violations. The proceedings came a week after the judge denied Bond’s motion to dismiss the indictment, based on claims that…

After FTX vanished with billions in customer money, “proof of reserves” became the phrase every exchange started using. This guide explains what it really proves, what it quietly leaves out, and how to tell a meaningful attestation from a marketing badge. Table of Contents The problem proof of reserves is trying to solve The two halves: assets and liabilities How Merkle-tree proof of reserves works The zero-knowledge upgrade The limitations every user must understand Why auditors and skeptics both have a point A cautionary tale that proves the point Proof of reserves versus a real audit How to read an…

IB1T’s rise could reshape Europe’s battle for institutional Bitcoin capital — and the numbers arriving this week make that case impossible to dismiss. BlackRock’s iShares Bitcoin ETP (IB1T) crossed $1.1 billion in assets under management as of May 1, 2026, holding approximately 14,200 $BTC across major European exchanges including Euronext Amsterdam, Euronext Paris, and Xetra Frankfurt. In just over a year since its March 2025 launch, IB1T has become one of the fastest-growing Bitcoin investment products in Europe. The institutional appetite it represents is no longer a U.S.-only story. Europe Finally Has Its Own Regulated Bitcoin On-Ramp IB1T is physically…

Cryptocurrency market outflows reflect a sentiment shock, as geopolitics, rate expectations and capital rotation into artificial intelligence weigh on digital assets, according to James Butterfill, head of research at CoinShares. In a statement sent to Cointelegraph, Butterfill said that sentiment in crypto markets has “soured drastically” after billions of dollars flowed out of digital asset investment products in recent weeks. “This is a pure sentiment shock rather than a structural break,” Butterfill said. Butterfill added that the correction was being driven primarily by geopolitics, with uncertainty around the Iran conflict weighing on the outlook for interest rates. He said expected…

Cyber Capital founder and CIO Justin Bons has criticized Cardano founder Charles Hoskinson over his proposed plans to migrate the $ADA community to a dedicated Discord server. The proposal to migrate the Cardano community from X to a dedicated Discord server has sparked fresh controversy, drawing criticism from prominent industry figures while gaining support from members who believe it could improve governance discussions. Cyber Capital Founder Calls for Hoskinson’s Removal Among the most vocal critics is Cyber Capital founder and CIO Justin Bons, who has criticized Hoskinson over the initiative. Bons described the proposed Discord migration as the “final straw,”…

Cryptocurrency exchange Bybit has announced that it will list CAP for spot trading on June 26 at 1:00 p.m. UTC. The listing adds a new trading pair to the platform, expanding Bybit’s spot market offerings for users seeking access to emerging digital assets. What is CAP and Why Does This Listing Matter? CAP is a relatively new cryptocurrency token that has been gaining attention within decentralized finance and Web3 communities. While specific project details remain limited in mainstream coverage, the token’s listing on a major exchange like Bybit typically signals increased liquidity, broader investor access, and potential price discovery. Bybit’s…