Author: NBTC

In today’s newsletter, Hassan Ahmed outlines the state of crypto, stablecoins and regulations in Asia, comparing growth to regions with clarity. Then, in “Ask an Expert,” Xin Yan, CEO of Sign, answers questions about crypto and stablecoin adoption in Asia. Crypto Adoption In Asia: What Advisors Need To Know The reality of crypto in Asia The idea that Asia is an emerging market trying to catch up on crypto is outdated. In fact, Asia is one of the most integrated markets for digital assets. Today, jurisdictions across Asia are already embedding digital assets, such as stablecoins, into financial infrastructure across…

On Monday (June 8), privacy coins rose by 4.5%, where Monero increased by 7.6% and Zcash saw an increase of about 7%. However, the sector still trades at over 12% below its price from the beginning of the month amid concerns of a recent hack of the Zcash network. Despite one day of gains, there still seems to be some doubt about the market. Privacy coins serve as an indication of market sentiment regarding risk-on and risk-off sentiments since privacy coins always come under the scanner of regulators in the crypto community. But the price movement differential with respect to…

Wall Street firms could soon pay up to $100,000 a month for a few extra milliseconds of access to Donald Trump’s Truth Social posts — and that single detail has ignited one of the most unusual political firestorms of his presidency, drawing condemnation from both parties and raising hard questions about where presidential influence ends and personal profit begins. Key takeaways Trump Media & Technology Group plans to sell Truth API, a paid data feed giving investment firms real-time access to top Truth Social posts, scheduled to launch August 1. Pricing discussed with firms reaches $100,000 per month, or $60,000…

In a recent announcement, Robinhood revealed that new assets, including Polkadot ($DOT), Venice Token (VVV), and Tezos (XTZ), are now available for trading on the Robinhood Legend platform. This update was shared through an official tweet from Robinhood, highlighting the growing range of options for users seeking to diversify their crypto portfolios. For more details, visit the official announcement here. The Story So Far The addition of Polkadot, Venice Token, and Tezos to Robinhood’s trading platform signals an important development in the crypto trading landscape. As the crypto market experiences mixed signals, with various assets showing fluctuating momentum, the increased…

Mount Carmel has become the latest U.S. community to push back against energy-intensive digital infrastructure, with the town’s Board of Mayor and Aldermen voting on July 23 to ban cryptocurrency mining operations and data centers. The decision comes as residents in communities across the country increasingly oppose large-scale data centers, citing concerns over electricity demand, noise, water usage, environmental impact, and the effect on rural neighborhoods. The move follows opposition to data center development in nearby Mt. Carmel Township, Pennsylvania, where hundreds of residents attended public meetings to voice concerns over proposed facilities. Residents argued that large data centers could…

Banxa, a compliant fiat-to-crypto payment infrastructure firm, has integrated LI.FI, a cross-chain bridging and liquidity infrastructure entity. The integration aims to streamline access to cutting-edge digital assets across over 60 blockchains via a single transfer. The partnership permits users to shift from fiat to on-chain assets of choice without any manual swapping or bridging of assets. The development is poised to utilize the liquidity infrastructure of LI.FI to remove technical complexities of cross-chain transfers. Banxa has integrated LI.​FI to take users from fiat to any token across 60+ blockchains.With LI.​FI, @BanxaOfficial’s 400+ partners and their users can now access stablecoins,…

Strategy has become one of the largest corporate holders and buyers of bitcoin, with 847,363 $BTC on its balance sheet. Its aggressive accumulation strategy has made the company a major source of demand for the cryptocurrency, meaning any shift toward selling the digital asset, even occasionally, could influence market liquidity, price dynamics and investor sentiment by introducing a new source of supply. Demand for U.S. spot bitcoin exchange-traded funds (ETFs), the largest source of institutional crypto buying since their 2024 debut, has weakened sharply in recent months. The funds saw a record $4 billion in net outflows in June after…

Anchorage Digital, the federally chartered crypto bank valued at $4.2 billion, has acquired a strategic stake in SLX, the native token of Solstice Finance, a Solana-based protocol that provides institutional-grade yield infrastructure. The purchase came shortly after Solstice completed its token generation event. The investment puts Anchorage alongside more than 30 institutions already allocating capital through Solstice’s ecosystem, including Bullish, Bitcoin Suisse AG, Fasanara Capital, and RockawayX. How the two firms are connected The relationship between the two firms runs through the Global Dollar Network, a Paxos-led consortium of over 100 institutions working to build a regulated digital dollar ecosystem.…

Frax Finance founder Sam Kazemian assessed the future of the FRAXUSD stablecoin. Referring to stablecoin regulations in the United States, Kazemian stated that the Genius Act is technically in effect, but they anticipate the licensing process will be fully operational in the first quarter of 2027 (Q1 2027) as regulatory bodies (OCC and federal agencies) clarify procedures. The renowned founder stated that they aim for FRAXUSD to be one of the first compliant “Genius Stablecoins” to receive this license, adding that the “approved by default unless proven otherwise” clause in the law will pave the way for innovation. Kazemian argued…

The United States Hispanic Chamber of Commerce (USHCC) has formally informed the Senate that it opposes the Clarity Act, a crypto-focused bill that has drawn scrutiny from regional banks and small business advocates. The announcement was reported by Eleanor Terrett, host of Crypto in America. Why the USHCC Opposes the Clarity Act In a letter sent to Senate leadership this week, the USHCC — which represents millions of Hispanic-owned businesses across the United States — outlined its concerns that the Clarity Act could accelerate deposit outflows from regional banks. The group argued that the measure would reduce lending capacity for…