Author: NBTC

The Federal Deposit Insurance Corporation approved a notice of proposed rulemaking Tuesday, laying out reserve, redemption, capital, and risk management requirements for bank-affiliated stablecoin issuers operating under the GENIUS Act. Key Takeaways: The FDIC approved a proposed rule on April 7, 2026, implementing GENIUS Act standards for stablecoin issuers. Permitted payment stablecoin issuers must hold 1:1 reserves in eligible assets and redeem within 2 business days. The 60-day public comment period closes before the GENIUS Act’s July 18, 2026 regulatory deadline. FDIC Moves on GENIUS Act Stablecoins The proposed rule targets permitted payment stablecoin issuers, or PPSIs, which are typically…

Alchemy Pay, a popular crypto payment entity, has officially obtained the upgrade to its SFC Type 1 License for cryptocurrency services in Hong Kong. The development permits Alchemy Pay to expand digital asset payments across Hong Kong in partnership with HTF Securities Limited. As per Alchemy Pay’s official social media announcement, the move extends regulated crypto-focused services to both professional and retail investors. Hence, the move reinforces the long-term commitment of Alchemy Pay to innovation, compliance, and connecting digital assets with traditional finance. Alchemy Pay Expands Crypto Services Across Hong Kong with New SFC Type 1 License The new SFT…

Aptos integrated into Tria’s global trading engine, a neobank with 500,000 users across more than 150 countries with its own custody system. The Aptos network recorded a record TVL of $1 billion, 10 million monthly active users and 326 million transactions in a single day. BlackRock, Franklin Templeton and Microsoft operate live products on the network. $APT was classified as a digital commodity under the SEC/CFTC framework in March 2026. Tria announced the integration of Aptos into its global trading engine, a platform that brings together more than 500,000 users across more than 150 countries. From now on, those users…

In a significant development for decentralized finance, the Sui Foundation has announced a strategic investment in Splyce Finance, marking a pivotal moment for blockchain interoperability and DeFi infrastructure development. This funding round, which includes participation from major blockchain entities, signals growing institutional confidence in next-generation financial protocols. The investment demonstrates continued momentum in the Layer 1 blockchain ecosystem’s expansion into decentralized financial services. Sui Foundation Invests in DeFi Protocol Splyce Finance Splyce Finance confirmed the strategic investment from the Sui Foundation on March 15, 2025, though specific financial details remain undisclosed. The funding round represents a collaborative effort across multiple…

Ethereum, the second largest cryptocurrency by market capitalization, is down 0.8% during Tuesday’s U.S. market hours to trade at $2,090. The pullback aligns with market wide correction as conflict between U.S. and Iran erupted again creating panic among investors. Amid the market uncertainty, retailers held their hopes high as Ethereum recorded notable spikes in network activity. However, market analysts distinguish this activity rise as capacity-driven rather than demand-driven. Is Ethereum price heading for $2,000 floor? $ETH Network Growth Decouples From Price Trend On-chain data of Ethereum shows that there is a significant discrepancy between the price performance of Ethereum and…

SoFi Technologies (NASDAQ: SOFI) is drawing attention after recording a notable insider purchase by the company’s top executive, signalling renewed confidence in the firm’s outlook. According to filings, CEO Anthony Noto acquired 28,900 shares of SoFi stock on March 17 at a weighted average price of $17.32. The transaction amounts to roughly $500,000 and was executed across multiple trades within a price range of approximately $17.25 to $17.34 per share. Following the purchase, Noto’s total beneficial ownership rose to over 11.7 million shares, reinforcing his already significant exposure to the company. It’s worth noting that insider buying of this scale…

The latest crypto news US CLARITY Act Senate 2026 bitcoin regulation battle has reached a pivotal moment: the bill that would define US crypto law for a generation is deadlocked between four factions in the Senate Banking Committee, and Senator Bernie Moreno has warned plainly that missing the May window risks pushing comprehensive crypto legislation off the calendar until after the 2026 midterms — and potentially beyond. The latest crypto news US CLARITY Act Senate 2026 bitcoin regulation standoff is less about what the bill says and increasingly about whether the political calendar will allow it to move at all.…

Crypto exchange Kraken’s landmark approval for a Federal Reserve master account has triggered fresh concerns among regulators, banks, and industry experts over potential risks to the US financial system. While the account comes with restrictions designed to mitigate vulnerabilities, critics argue that the move could still introduce new challenges. Founded in 2011 and based in Wyoming, Kraken is among the largest cryptocurrency exchanges globally, serving both retail and institutional clients. Last month, it became the first crypto firm to secure a Fed master account, with the Kansas City Federal Reserve granting a “limited-purpose” account for an initial one-year period. However,…

While many blockchain ecosystems are contracting, Tezos is growing—fast. The network is extending its global reach with two new entities, Tezos Middle East and Tezos Southeast Asia, backed by the newly formed Tezos Patronage Association (TPA). — This Swiss-based association will coordinate strategic alignment across the expanding ecosystem. “A more distributed model gives different organizations the autonomy to move quickly, develop domain expertise, and respond to opportunities as they arise,” says Tezos co-founder Arthur Breitman. “That makes the broader Tezos effort more dynamic, adaptable, and positioned for long-term growth.” Local Teams, Global Impact Tezos Middle East, headquartered in the Dubai…

World Liberty Financial’s $WLFI token fell about 12% in the past 24 hours after the Trump-linked crypto venture published a thread on X defending its lending position on Dolomite, the DeFi protocol whose co-founder advises $WLFI. The thread came in response to CoinDesk’s reporting that $WLFI had deposited its own governance token as collateral, borrowed stablecoins against it, and drained the USD1 lending pool to the point where other depositors could not withdraw. $WLFI did not dispute the transactions but instead argued that the position was intentional and beneficial. “We are one of the largest suppliers and borrowers on $WLFI…