Author: NBTC

Ledger has put its Ledger IPO plans on hold, citing difficult market conditions and weak investor appetite for crypto listings. Ledger, the French crypto hardware wallet maker, has paused its plans for a US initial public offering, according to two people with knowledge of the matter. The company had explored a New York listing at a valuation of roughly $4 billion and has not filed a draft S-1 registration statement with the SEC, the standard first formal step toward a US listing. Ledger had hired Goldman Sachs, Jefferies, and Barclays earlier this year to advise on the offering. A Ledger…

Swiss crypto bank Amina has added custody and trading support for Canton Coin, becoming the first regulated bank to offer services for the token tied to the Canton Network, an institutional-focused network. In a Wednesday announcement, Amina said clients will gain regulated access to the Canton Network, a public blockchain designed for capital markets and tokenized finance. The network was developed by Digital Asset and is backed by the Depository Trust & Clearing Corporation, Visa, BitGo, Goldman Sachs and Citadel. The move allows institutional clients to hold and trade Canton Coin through a banking platform regulated by the Swiss Financial…

Starting July 10, 2027, paying for anything above €10,000 in cash across the European Union will be illegal for commercial transactions. Regulation (EU) 2024/1624 sets a bloc-wide ceiling that forces businesses and their customers toward traceable payment methods like bank transfers and cards. The European Central Bank is simultaneously preparing a digital euro pilot for the second half of 2027. What the regulation actually does The €10,000 limit applies specifically to professional and commercial transactions. Person-to-person private payments remain untouched. The regulation is part of a broader anti-money laundering package. By capping cash at €10,000, the EU creates a paper…

As part of efforts to make easy access to RWA offerings on-chain, Brickken, a tokenization platform, today entered into a strategic partnership with Taiko, a decentralized layer-2 rollup protocol built on Ethereum. The partnership enabled Brickken to integrate Taiko’s layer-2 scaling solution, aiming to advance scalability and interoperability on its tokenization network. Brickken is an institutional-grade tokenization platform that enables businesses to tokenize real-world assets (RWAs), including real estate, equity, debt, funds, and many other regulated instruments, into digital assets on its specialized blockchain. The RWA tokenization platform allows enterprises and financial institutions to bridge traditional finance with decentralized systems.…

Bitcoin has dipped below $77,000 on Gate, with the $BTC/$USDT pair trading just under the threshold in a muted session. According to market data, the $BTC/$USDT pair is currently priced at $76,998, putting bitcoin just under the $77,000 level. The 24-hour move is marginal, with the pair down 0.03% over the period, indicating essentially flat price action rather than a sharp sell-off. The small decline suggests traders are consolidating positions rather than reacting to a major macro or idiosyncratic shock. For context, bitcoin remains far above key long-term levels even as yields and Fed expectations have recently moved against risk…

In a groundbreaking move to enable users to access more DeFi applications and earn rewards, Deel, an emerging stablecoin wallet, today entered into a strategic partnership with Morpho, a decentralized lending protocol. Deel is an upcoming stablecoin wallet network designed for global workers, allowing them to hold earnings in a stable currency, spend worldwide, and earn rewards. This partnership enabled it to integrate Morpho’s lending infrastructure, allowing users on its stablecoin wallet to interact with various DeFi lending products, creating a pathway to advanced DeFi applications’ accessibility and liquidity. .@deel Stablecoin Wallet, powered by MorphoDeel puts dollar-backed balances into the…

A member of the European Central Bank Governing Council has indicated that the upcoming June meeting will determine whether interest rates are raised or left unchanged, underscoring growing uncertainty over the next phase of eurozone monetary policy. According to Kocher, cited in Jinshi reports, policymakers are effectively split between maintaining current restrictive levels and implementing another rate hike depending on incoming inflation and growth data. The comment highlights how the ECB is entering a decision-sensitive phase, where small shifts in macroeconomic indicators could determine whether policy tightening continues or stabilizes. Inflation uncertainty keeps ECB in a split-decision phase The ECB’s…

Jito Foundation and Solana Company (NASDAQ: HSDT) have announced a strategic partnership to deploy institutional-grade Solana validator infrastructure and staking products across the Asia-Pacific region, targeting asset managers and financial firms in Hong Kong, Singapore, Japan, and South Korea. The two Solana juggernauts plan to jointly operate high-performance Solana validators anchored by Pacific Backbone, Solana Company’s institutional infrastructure network which cuts across four different APAC markets. The validators will run Jito’s Block Assembly Marketplace (known as BAM), which connects to Jito’s block-building layer and enables optimized transaction processing on the Solana network. The partnership also includes co-developing staking and yield…

For roughly a year, Chinese companies had a neat workaround for US chip export controls: just buy the chips through a subsidiary in Malaysia or Singapore. The US Commerce Department just killed that trade. The Bureau of Industry and Security issued guidance on May 31 mandating that advanced AI processors, including Nvidia’s Blackwell and Rubin chips and AMD’s MI350x, now require export licenses when sold to Chinese-headquartered entities. The key change: it doesn’t matter where the delivery happens. A Chinese company’s subsidiary in Southeast Asia is still a Chinese company in the eyes of BIS. How the loophole worked The…

How MiCA and $EURCV Are Driving $XRP Ledger and Multi-Chain Stablecoin Adoption According to Evernorth, the debate is no longer about whether traditional banks will adopt blockchain, it is already happening. As a result, the focus now is on the pace of adoption, the networks that will support regulated financial activity, and the extent to which blockchain becomes embedded in mainstream banking over the next 18 months. Europe is providing one of the clearest examples of this shift. Société Générale’s digital asset subsidiary, SG-FORGE, has expanded its euro-backed stablecoin, $EURCV, across multiple public blockchains, including the $XRP Ledger (XRPL), Ethereum,…