Author: NBTC
Coinbase is reportedly in the running to partner with Cloudflare on issuing a stablecoin purpose-built for AI transactions. The deal, first reported by The Information, would position both companies at the intersection of two industries that can’t stop talking about each other. If that sounds like a corporate Mad Libs combining every buzzy term of 2025 — AI, stablecoins, agents — well, it kind of is. But there’s a real problem being solved here, and the companies chasing it aren’t exactly startups running on vibes. What we know about the deal Details remain thin. What’s been reported is that Coinbase…
South Korea’s ruling Democratic Party is reportedly preparing a draft bill that would classify stablecoins as foreign exchange payment instruments and require tokenized real-world assets (RWAs) to be backed by assets held in trust. Citing an integrated draft of the proposed Digital Asset Basic Act, the Seoul Economic Daily reported on Wednesday that stablecoins used in cross-border transactions would be treated as “means of payment” under the Foreign Exchange Transactions Act, placing related businesses under oversight even without separate registration. The draft bill would also require issuers of tokenized RWAs to place underlying assets in managed trusts under the Capital…
In a significant development for the cryptocurrency mining sector, the Bitmain-affiliated cloud mining platform Bitfufu successfully mined 214 Bitcoin ($BTC) throughout March 2025. Consequently, the company’s total Bitcoin holdings reached 1,794 $BTC as of March 31, according to a report from The Wall Street Journal. This production figure provides a crucial snapshot of industrial-scale mining efficiency and highlights the evolving dynamics of hash rate distribution. Bitfufu’s March 2025 Bitcoin Mining Achievement Bitfufu’s extraction of 214 $BTC last month represents a substantial operational output. To contextualize this achievement, analysts often compare monthly production to network-wide metrics. For instance, the total Bitcoin…
Flare published a governance proposal on Thursday that would make it one of the first layer-1 blockchains to capture maximal extractable value (MEV) at the protocol level rather than letting it flow to the small number of specialized actors who profit from transaction ordering across virtually every major chain. MEV is the revenue that block builders extract by reordering, inserting or censoring transactions within a block. On most blockchains, this value flows to external searchers and builders who effectively impose a hidden tax on ordinary users through front-running, sandwich attacks and arbitrage. External estimates put annual MEV revenues at tens…
Ethereum price rose 7% to a three-week high on Wednesday, fueled by a broader market rebound and strengthening stablecoin supply on the network. According to data from crypto.news, Ethereum (ETH) price rose 9% to a multi-week high of $2,257 on Wednesday, fueled by a recovery in the entire crypto market following news that the U.S. and Iran have agreed to a two-week ceasefire to their war, while also opening the Strait of Hormuz within the period. The two nations would also be discussing a framework for a permanent end to the war. As tendons eased, crude oil prices fell back…
The US Securities and Exchange Commission has approved a Nasdaq rule change that enables the trading of securities in tokenized form, marking a major step in integrating blockchain-based assets into traditional market infrastructure. The approval allows eligible securities, including stocks from the Russell 1000 and ETFs tracking major indices such as the S&P 500, to be represented and traded as tokenized assets on Nasdaq. These tokenized versions will trade on the same order book as traditional shares, with identical execution priority, pricing, and market data treatment. Under the framework, tokenized securities must remain fully fungible with their traditional counterparts, sharing…
Thailand’s securities regulator is seeking to curb money laundering and technology-related crimes by tightening funding rules for cryptocurrency companies. The Securities and Exchange Commission of Thailand (Thai SEC) on Monday proposed expanding approval requirements for crypto businesses to include financiers behind major shareholders. Under the proposal, any person providing backing or financial support to major shareholders would itself be treated as a shareholder requiring regulatory approval from the regulator. The move aims to tighten oversight of hidden capital flows and ensure that business operators are funded from legitimate sources, rather than from financing linked to unlawful activities, which may pose…
Digital assets have moved well beyond the hype cycle. What began as an experiment in decentralized value transfer has evolved into a serious conversation about how capital markets, custody, settlement and asset ownership could be re-imagined for the digital age. Tokenization, programmable money and distributed ledgers may deliver faster settlement, greater transparency and new efficiencies across the financial system. The opportunity is both real and transformative, but accelerated adoption of digital assets is not guaranteed. The ecosystem’s success will not be determined by any single technology, protocol, innovator or platform. Instead, it will hinge on whether the industry embraces a…
The cryptocurrency market has switched bullish, with Bitcoin and Ether recording excellent gains in the last 24 hours. Ether, the second-largest cryptocurrency by market cap, is up by more than 6% in the last 24 hours and is now trading above $2,250 per coin. The rally comes after a ceasefire agreement between the United States and Iran. Whales continue to accumulate more Ether tokens, suggesting a breakout above key levels in the near term. Whales increase Ether accumulation Ether is up by nearly 7% in the last 24 hours, fueled by the ceasefire deal in the Middle East and increased…
A firm issuing stablecoins in the U.S. would have an array of new duties to head off criminals and keep government watchdogs informed about malicious actors, according to rules poised for proposal by the U.S. Department of the Treasury that were reviewed by CoinDesk. A joint proposal from the Treasury’s Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control (OFAC) will outline the deep controls that stablecoin businesses would have to put in place, including abilities to “block, freeze and reject” transactions and internal protections to comply with the Bank Secrecy Act that governs most of the U.S.…