Author: NBTC

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. This Week in Crypto Law The opinion editorial below was written by Alex Forehand and Michael Handelsman for Kelman.Law. The final full week of May offered further evidence that crypto regulation is entering a new phase. Several of the industry’s most significant legal battles appear to be winding down, while policymakers and financial institutions are increasingly focused on broader questions of market structure, financial stability, and systemic risk. At the same time, major…

ChainAware.ai, an Artificial Intelligence (AI-Powered) Web3 infrastructure platform, has disclosed its strategic partnership with PROM, the economic layer for autonomous AI agents. This partnership aims to enhance autonomous AI agents to securely transact, coordinate tasks, and exchange services in Web3. https://t.co/tODxqMTUfI x PROM 🤝We’re thrilled to partner with @prom_io , the economic layer for autonomous AI agents, enabling machine-to-machine payments, programmable service agreements, and autonomous task execution at scale, secured by a zkEVM architecture built for… pic.twitter.com/kdRHx5ugpn — ChainAware.ai (@ChainAware) June 2, 2026 ChainAware.ai is very popular among other platforms in building trust, confidence, and compliance for Web3 users around…

In this month of May 2026 the price of Bitcoin has in fact returned to the 200-day moving average. The problem is that this average has been falling for five months, and shows no signs of reversal. This leads some analysts to argue that the decline in the price of Bitcoin could continue precisely by following that of the 200-day moving average. The 200-day moving average The simple 200-day moving average (SMA200) has become one of the most closely watched technical indicators for those who analyze price trends on financial markets. However, it was identified as a reference point many…

The Government of Bermuda and the Stellar Development Foundation announced plans to move part of the island’s financial infrastructure onto the Stellar network. The initiative became the first operational step after Bermuda said at the 2026 World Economic Forum that it wants to become the world’s first fully on-chain economy. The project builds on Bermuda’s Digital Asset Business Act introduced back in 2018. The law created one of the earliest regulatory frameworks for digital assets and blockchain companies. Now the government plans to expand that infrastructure into daily payments and financial services. Residents of Bermuda are expected to use digital…

With allegations of manipulation increasing recently, manipulation has been detected in yet another altcoin. Accordingly, the on-chain analytics platform Bubblemaps revealed signs of manipulation in the price of a memecoin. Bubblemaps has reported detecting signs of potential price manipulation related to the memecoin MYSTERY. Bubblemaps X claimed in a post that significant centralized control was detected in the launch of the MYSTERY token. He stated that this was “a textbook example of market manipulation.” Bubblemaps reported that shortly after the MYSTERY token was launched, 90 new addresses purchased 90% of the total supply, indicating organized “sniping.” These wallets subsequently sold…

South Korea has opened the reporting window for individuals to declare overseas financial accounts held during 2025, with the submission period running throughout June. The requirement, reported by Etoday, applies to any resident whose total balance in foreign accounts exceeded 500 million won (approximately $362,000) on the last day of any month in the previous year. Who must report and what is covered The obligation is triggered by the account balance itself, not by profits or capital gains from trading virtual assets or other investments. This means even if no income was generated, the declaration is still mandatory if the…

The legacy financial and digital frameworks propping up the current internet architecture face an imminent, existential crisis. Evin McMullen, co-founder and CEO of Billions Network, told CoinDesk in an interview during the Proof of Talk conference in Paris that tech giants and global telcos are actively scrambling to deal with an impending collapse of their primary revenue engine: display advertising. As autonomous AI agents replace human-driven semantic search, the traditional system of monetizing user eyeballs breaks down completely, she added. “They are terrified—existentially threatened,” McMullen said bluntly, describing the internal reaction of media and telecommunications conglomerates approaching her firm. “AI…

After dropping to a low of $76k, Bitcoin rebounded to $78,180 before slightly retracing. At press time, $BTC traded at $77,886, up 0.96% daily. With $BTC attempting recovery, major traders appeared to increase their long exposure. Why are whales turning bullish again? Lookonchain reported that whale Garrett Jin returned to the market and opened a Bitcoin [$BTC] long position. Garrett Jin deposited $39.5 million into Binance, withdrew $40 million from Binance, and deposited another $10 million into Hyperliquid. The whale then opened a 5x long position on 504.4 $BTC worth $59.11 million. The liquidation level stood at $62,656.49. Source: X…

In brief The U.K.’s central bank is treating stablecoins as “a new form of money” in the debate between tokenized deposits and stablecoins. The Bank of England and Financial Conduct Authority are gearing up to accept applications from would-be stablecoin issuers in the U.K. The BoE will regulate “systemic” stablecoins that are widely used in payments. With the Bank of England gearing up to accept applications from would-be stablecoin issuers, its executive director of financial market infrastructure explained that the central bank is treating stablecoins as “a new form of money.” Speaking in a panel discussion at the Financial Times…

The $XRP on-chain activity has taken a notable turn, with large holders now driving the majority of token outflows from exchanges. Recent data shared by verified CryptoQuant analyst, Amr Taha, shows that whale outflow dominance is climbing sharply across centralized platforms, while retail participants continue to fade from the picture. $XRP is not just leaving exchanges, but whales are responsible for almost all of them, reinforcing growing institutional interest. Key Points On Binance, whale-driven outflows now account for 91.4% of total $XRP leaving the platform. Across all centralized exchanges, whale dominance has reached 90.5%, marking its highest level since 2024.…