Author: NBTC

Research and brokerage firm Bernstein has indicated that the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are likely to accelerate their own cryptocurrency rulemaking efforts if the CLARITY Act fails to pass this year, according to a report from The Block. The move would align with the Trump administration’s stated goal of positioning the United States as the global hub for digital assets. What Is the CLARITY Act and Why Does It Matter? The CLARITY Act, short for the Crypto Clear and Legitimate Authority to Regulate Innovation and Transparency Act, is a proposed federal…

Crypto exchange Bitget said it will stop providing services to residents of Japan and phase in account restrictions. The exchange announced Monday that it had stopped accepting new registrations from residents of Japan, while account restrictions will begin Nov. 1. Any positions still open on Dec. 31 will be forcibly closed. Bitget said users who believe they have been incorrectly classified as residents of Japan must complete “Level 2” identification, which includes address verification, by Nov. 1. Failure to do so will result in their accounts being classified as belonging to residents of Japan. Users will receive further instructions via…

Binance Chief Security Officer Jimmy Su has moved to calm concerns that quantum computing could soon undermine the cryptographic foundations of blockchain networks, stating that the technology does not yet pose an immediate threat to cryptocurrency holders. In a recent Q&A, Su addressed growing speculation within the crypto community about the potential for quantum machines to break the encryption that secures digital assets. Context: The Quantum Computing Debate Quantum computing has long been a topic of both fascination and anxiety in the tech world. Unlike classical computers, which use bits, quantum computers use qubits, allowing them to process complex calculations…

MSCI has launched a new consultation that could significantly impact Strategy (MSTR), the largest corporate Bitcoin holder. The index provider is considering new eligibility rules that would exclude companies with limited operating businesses from its Global Investable Market Indexes (GIMI). If approved, Strategy could be removed from several widely tracked global equity indexes. This could happen as early as November 2026. Strategy Named Among Potential Deletions Under MSCI’s proposed framework, companies would need to pass at least two out of five financial screening tests to remain eligible. Based on its FY2025 financial filings, Strategy reportedly fails all five of those…

Aurora, an Ethereum Virtual Machine (EVM) compatible blockchain network running on the $NEAR Protocol, reportedly experienced access issues on its mainnet. According to information shared by Onchain Lens, the Aurora mainnet became unavailable at 05:16:11 and the outage was ongoing at the time of writing. Aurora stands out as a layer that enables Ethereum-based decentralized applications (dApps) and smart contracts to run on the $NEAR Protocol infrastructure with lower transaction costs and higher scalability. Thanks to EVM compatibility, developers can migrate existing Ethereum applications to the Aurora network without making significant changes. In its 2021 funding round, the project raised…

If you remove the jargon, real estate tokenization comes down to one idea: turning a building into code that pays you automatically. SEBI’s Small and Medium Real Estate Investment Trust (SM REIT) framework, introduced in 2024, didn’t create that idea. But it introduced many of the regulatory building blocks that could eventually support an on-chain implementation. Rulebook SEBI Already Wrote SM REITs lowered the minimum asset value from ₹500 crore to ₹50 crore, brought fractional ownership platforms under formal oversight, and mandated that 100% of distributable cash flow reach unitholders. Every scheme sits inside a ring-fenced Special Purpose Vehicle. Every…

Luno customers covered by the exchange’s regional-exit notice can no longer send cryptocurrency to another wallet or platform. They must sell their holdings before withdrawing cash to a bank by Aug. 31. The restrictions apply to an undisclosed group of customers whose accounts will close permanently on Sept. 1. As of Aug. 3, Luno had not publicly identified the affected regions or stated how many users received the notice. Luno crypto transfers ended on June 29 Luno began limiting the affected accounts on June 1. It disabled deposits, crypto purchases, incoming transfers, recurring purchases and pending orders. Customers could still…

A slate of long-awaited protocol amendments for the $XRP Ledger (XRPL) is expected to enter validator voting in roughly two weeks. According to prominent XRPL validator Vet, the proposed changes include support for batch transactions, confidential transfers, sponsored fees and reserves, permission delegation, dynamic Multi-Purpose Tokens (MPTs), and a bundled bug fix. The release also contains substantial performance optimizations that will make nodes more efficient and improve network reliability. “If everything goes well,” Vet wrote on X, the amendments will be ready for voting in approximately two weeks. A feature-packed upgrade The upcoming package combines new functionality with infrastructure improvements.…

The CLARITY Act is not dead. It is something worse for its supporters: it is alive but unscheduled. Monday’s Senate calendar listed a single vote, cloture on a continuing resolution vehicle. No action on H.R. 3633. No mention of digital assets. The cloture ledger, updated through July 31, recorded the spending bill filing but nothing for crypto market structure. Senator Cynthia Lummis said she believed Majority Leader John Thune intended to make space for the legislation before recess. She framed that as belief, not confirmation. The gap between “the leader intends” and “cloture has been filed” is the gap between…

Hyperliquid’s open interest (OI) has climbed to $5.25 billion, surpassing the derivatives positions held on Bybit, HTX, Bitfinex, Kraken, and Coinbase, according to data from Onchain Lens. The platform now ranks third among major exchanges, trailing only OKX with $6.37 billion and Binance, which leads the market with $24.91 billion in open interest. What the Latest OI Figures Show Open interest represents the total number of outstanding derivative contracts, such as perpetual futures, that have not been settled. For Hyperliquid, a decentralized perpetual exchange built on its own layer-1 blockchain, reaching $5.25 billion marks a significant milestone in its adoption…