Author: NBTC

Britain’s company register, Companies House, has moved to dissolve Zedxion Exchange Ltd., a cryptocurrency platform accused of processing funds for Iran’s Islamic Revolutionary Guard Corps (IRGC), according to a notice published on its website. The action follows U.S. sanctions imposed in January by the Treasury’s Office of Foreign Assets Control (OFAC), which designated Zedxion and a related entity, Zedcex, for their alleged role in enabling Iran to evade sanctions and for links to sanctioned financier Babak Zanjani. Companies House said the shutdown was related to “information or a statement in an application for incorporation that is misleading, false or deceptive.”…

The $33 billion North Carolina State Treasury just made a move that caught the market’s attention. The public fund disclosed it purchased 9,117 additional shares of Strategy, formerly known as MicroStrategy. That brings its total holdings to 168,688 shares, valued at roughly $22.6 million. Investors now ask one question. Why is a state treasury deepening its Strategy stock investment during a volatile Bitcoin cycle? This decision goes beyond a simple portfolio adjustment. Strategy has built its reputation around aggressive Bitcoin accumulation. When a public institution expands its Strategy stock investment, it signals more than confidence in a single company. It…

Pardoned BitMEX founder Ben Delo is funding a Westminster political hub that lends support to a network of controversial right-wing politicians and influencers, an investigation from The Guardian and HOPE not hate has revealed. The hub, known as “The Sanctuary,” is made up of a number of rooms overlooking Westminster Abbey to which politicians, race scientists, and anti-abortion campaigners are given access free of charge. The rooms are reportedly used for events, office work, and podcasting. Right-wing MP Rupert Lowe used the hub to launch his Restore Britain party after he was ousted from Reform UK. The race science magazine…

UAE RAK Bank sent an important update to its customers, noting that the bank had introduced a dedicated transaction limit on how much clients can use from their accounts to purchase crypto. According to the bank, this will take effect in Q2 of 2026, noting that the latest it would become effective would be in June 2026. As per the letter, this is aimed to help clients trade confidently while keeping their investments safe and manageable. What are the new RAK Bank crypto transaction limits RAK has placed limits based on customer segmentation, specifying limits for crypto investment as well…

Key takeaways The financial system is moving towards tokenization, with stablecoins poised for significant growth. Currently, only 1% of US dollars are in stablecoins, indicating massive growth potential. Stablecoins offer a faster, cheaper alternative for cross-border investments compared to traditional banking. Crypto-native businesses face challenges in spending their assets due to being underbanked. The lack of utility and usability of stablecoins is a significant bottleneck for their adoption. Leveraging networks like Visa can enable stablecoins to be accepted globally. Banking challenges for crypto businesses have led to the development of essential infrastructure. The crypto space is expected to grow significantly,…

US Senator Cynthia Lummis reportedly told reporters that “major light bulbs were switched on” during a closed-door Senate Republican meeting on crypto market structure legislation on Thursday, describing an unexpected path forward on the stalled stablecoin yield debate. White House Crypto Council Executive Director Patrick Witt, who attended the same meeting, reportedly emerged looking frustrated and declined to comment. The contrasting reactions suggest the compromise may not align with the administration’s preferred position. Crypto Bill’s Stablecoin Yield Compromise May Clash With the White House Position The Digital Asset Market Clarity Act, commonly known as the CLARITY Act, has been stalled…

Digital Ascension Group is handing the keys of its high-net-worth crypto platform to Uphold, betting that streamlined infrastructure—not hype—will win over wealthy U.S. investors. Uphold Integration Signals Institutional Shift in U.S. Digital Asset Advisory Digital Ascension Group (DAG), the parent company of Digital Wealth Partners, told Bitcoin.com News on Thursday that it has selected Uphold to power its digital asset platform tailored to high-net-worth individuals and family offices. The move places a regulated financial technology provider at the center of DAG’s effort to scale operations and refine its client-facing experience. Digital Wealth Partners, a Securities and Exchange Commission (SEC)-registered investment…

Crypto infrastructure has shown a willingness to carry out bank-like operations, leading to a trend of neobank launches. Recent conflicts, however, raise the issue of crypto’s readiness to host neobanks. Crypto networks have been proposed as venues for neobanks multiple times. The rise of crypto payments also coincided with other digital neobanks, which used conventional technologies. As Cryptopolitan reported earlier, one of the key issues for crypto-based banking is the ability to pay yields based on stablecoin ownership. The contentious question is still not resolved for users in the USA, as there is still a discussion on competition with mainstream…

When one thinks about the MiCA regulation, it is usually about the EU, where it applies directly. That framing is technically correct: it is a European framework for regulating European markets. However, in practice, it is misleading to call it purely European. MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by LegalBison’s Co-Founding and Managing Directors: Aaron Glauberman, Viktor Juskin, and Sabir Alijev. LegalBison advises crypto and FinTech companies on MiCA licensing, CASP and VASP applications, and regulatory structuring across Europe and beyond. Filing a white paper to have a token admitted for trading in Europe does…

Bybit has moved a step closer to making crypto feel ordinary in Bolivia. The exchange this week added Yape QR payments to its Bybit Pay service, so people can now use digital currency to pay at shops and online, the exact same way they use the QR codes they already know. If you live in Bolivia and use Yape, nothing dramatic changes. You open the Yape app, scan the merchant’s QR code, confirm the amount and the rest happens without you needing to think about crypto conversions. Bybit Pay does the conversion in the background, so the shopper pays with…