Author: NBTC

Bitchat, a decentralized peer-to-peer messaging app developed by Block CEO Jack Dorsey, has been removed from Apple’s App Store in China for allegedly violating its internet service regulations. In an X post on Sunday, Dorsey shared a screenshot from Apple’s app review team informing him that Bitchat had been removed from the App Store in February and that the TestFlight beta version would no longer be available in China at the request of the Cyberspace Administration of China (CAC). “Bitchat pulled from the China App Store,” he said. Bitchat has seen its popularity rise during protests in Madagascar, Uganda, Nepal,…

With tensions escalating between the US and Iran, global markets are experiencing one of their most volatile days in recent years. Bitcoin’s sharp fluctuations and gold’s historic losses have raised questions among experts about whether the concept of a “safe haven” has changed. Scott Melker stated that the markets were shaken by President Trump’s contradictory statements. He said that when Trump announced the start of peace talks with Iran, the S&P index gained $2 trillion in minutes, but when Iran denied the claim, the market experienced a total volatility of $3 trillion in just 56 minutes. Bloomberg analyst Mike McGlone…

Paul Atkins, Chairman of the US Securities and Exchange Commission (SEC), delivered important messages regarding crypto asset regulation. Speaking at the “Digital Assets and Emerging Technologies Summit” held at Vanderbilt University, Atkins announced that new regulatory steps for token funding and the DeFi space will be on the agenda soon. Atkins stated that they are working on a new regulatory framework that will specifically cover fundraising processes via tokens. Accordingly, the new regulation, called “Reg Crypto,” will be prepared under the Securities Act of 1933 (’33 Act), one of the fundamental securities laws in the US, and will be opened…

Move over, legacy crypto. Circle’s Layer-1 blockchain Arc, built for stablecoin finance and institutional use, will debut with quantum-resistant features designed to survive a future in which traditional blockchains could crumble under quantum attacks. “At mainnet, Arc will introduce a post-quantum signature scheme, giving users a practical design path to create quantum-resistant wallets,” Arc said in an update Thursday. The update didn’t mention the timeline for the mainnet launch. It means that Arc is baking in quantum resistance from day one, unlike legacy chains, which may be waiting to add this feature later as a patch. So, when users create…

As the Iran war rages on, U.S. Treasury yields – the market’s gauge of borrowing costs – have surged to multi-month highs, pricing in delayed Fed rate cuts and higher inflation expectations. The question is at what point the Treasury market, which underpins global finance, starts causing trouble for both the government and the economy, forcing the Trump administration to rethink the war or consider a mechanism to cap yields. According to ING, that point comes when a little-known 10-year U.S. Treasury swap spread blows past 60 basis points. We are not there yet. “Watch the 10-year swap spread. It’s…

House Democrats are convening a virtual caucus call tonight, April 6, to plot their next steps on the DHS shutdown, now 51 days old and the longest partial government shutdown in US history. House Democrats are holding a virtual DHS shutdown caucus call tonight at the start of a critical week, according to Punchbowl News, as the chamber returns from a two-week Passover and Easter recess with no resolution in sight. The shutdown, which began February 14, crossed 51 days on April 6, making it the longest partial government shutdown in the country’s history. Democrats support the Senate-passed bill that…

SWIFT has achieved a major milestone in digital asset interoperability. The network successfully enabled tokenized bond transactions across multiple blockchains and traditional banking systems. This marks a significant step toward integrating blockchain technology into mainstream finance and signals growing alignment between legacy infrastructure and decentralized systems. JUST IN: Swift completes major digital asset interoperability milestone with Chainlink, enabling tokenized bond transactions across blockchains and traditional banking systems pic.twitter.com/5K7Kkg24bm — crypto.news (@cryptodotnews) April 6, 2026 The breakthrough relies on Chainlink and its Cross-Chain Interoperability Protocol (CCIP). This technology acts as a bridge between different blockchains and financial systems. It allows assets…

Retail trading activity as a share of total US stock volume has fallen to 8.1%, its lowest level since Q3 2024. According to The Kobeissi Letter, the figure has nearly halved from its November 2025 peak of 15.0%, marking a sharp pullback. Current participation now sits below the 11.5% high reached during the 2021 meme-stock frenzy. It is also in line with levels last seen during the 2020 pandemic and the 2022 bear market. “Risk appetite among retail investors is plummeting,” The Kobeissi Letter wrote. “Retail is rushing to the sidelines.” Follow us on X to get the latest news…

India is intensifying scrutiny of cryptocurrency activity as tax authorities flag system-estimated income that may not reflect actual profits, issuing reassessment notices that could reopen past filings and pressure traders to justify discrepancies. Key Takeaways: India is issuing Section 148A notices that can reopen past crypto filings for review. Systems may flag estimated income that does not reflect actual profits, increasing exposure. Data mismatches across exchanges and tax filings can escalate scrutiny and potential penalties. India Crypto Tax Notices Target Past Reporting Gaps Indian tax authorities are stepping up enforcement efforts targeting cryptocurrency transactions, especially those from earlier financial years…

China’s tax and financial regulators on Monday urged banks and local authorities to use blockchain and privacy computing to upgrade the “bank-tax interaction” model and expand financing for small businesses. The State Administration of Taxation and National Financial Regulatory Administration said in a joint policy notice that banks and taxpayers should standardize data sharing and reduce information asymmetry between tax authorities, banks and enterprises. The report also urged banks to improve credit models, enhance credit approval efficiency and increase the supply of financing services to “honest, tax-paying enterprises.” The directive aligns with China’s broader effort to integrate blockchain into data…