Analysis Crypto by Thebittimes.Com

Bybit , one of the world’s largest cryptocurrency exchanges, has received full regulatory approval from the United Arab Emirates’ Securities and Commodities Authority (SCA) . The new licence authorises the company to provide a comprehensive range of virtual asset services across the country, marking a significant milestone in its expansion across the Middle East and reaffirming the UAE’s growing status as a global hub for regulated digital finance. Full Licence Extends Bybit’s Nationwide Capabilities The SCA’s Virtual Asset Platform Operator Licence allows Bybit to operate as a fully regulated provider of trading, brokerage, custody, and fiat conversion services for both retail and institutional clients within the UAE. This development follows an earlier in-principle approval granted in February 2025 and builds upon a provisional non-operational licence issued by Dubai’s Virtual Assets Regulatory Authority (VARA). Unlike the VARA licence, which was limited to Dub...

Legal notices apparently from self-proclaimed investment firm “Salomon Brothers” were sent to over 39,000 bitcoin (BTC) addresses earlier this year in an attempt to repossess 2.3 million in dormant coins worth over $279 billion.  That’s according to a report from Galaxy Research, which analyzed the campaign that involved an unknown Salomon client “dusting” notices en masse between July and August.  The tactic involves sending tiny amounts of BTC to thousands of addresses with the notice in an “OP_RETURN output.” It threatened the address owners with “constructive possession” of its BTC via legal remedies if they didn’t respond to its notice or prove the address wasn’t abandoned. Oddly, one of the OP_RETURN messages linked to a test transaction read, “ Thank you for giving birth to me. Now you get real money back .” Salomon claims it’s protecting BTC Salomon is reportedly representing its client “altruistically,” and doesn’t want to “adversely i...

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The digital asset created and backed by the crypto giant Binance is surging, fueled by memecoin trading and corporate treasuries. BNB just shattered its all-time high, touching $1,316 while up 8.8% in 24 hours, with trading volume surpassing $3 billion. This rally also stems from new institutional bets on the altcoin. CEA Industries says it now has a $611 million BNB treasury holding 480,000 tokens, while Kazakhstan’s Alem Crypto Fund named BNB its first national reserve asset. Says CEA Industries CEO, David Namdar, “BNB’s all-time highs are a clear validation that the global markets are waking up to the inherent value, credibility, scale, and utility of both the asset and underlying ecosystem. We view BNB not just as a token, but as the fulcrum of a massively integrated ecosystem.” In addition, BNB’s Q3 DEX volume has soared 185% to $37.1 billion, driven by the decentralized exchange (DEX) aggregator Aster’s whopping $29 million in dai...

Bybit co-founder and CEO Ben Zhou outlined his vision for the future of digital finance at the Blockchain for Good Alliance (BGA): The Scaling Summit in Singapore, a TOKEN2049 side event, emphasizing that real-world assets (RWAs) and stablecoins have moved beyond speculation to become essential pillars of the global financial system.  From speculation to real-world adoption Zhou cited recent data showing that the RWA market has grown more than 400% over the past three years, from approximately $5 billion in 2022 to over $30 billion in 2025. Private credit and U.S. Treasuries account for the largest share, at $14.7 billion and $7.3 billion, respectively.  He referenced forecasts from McKinsey and Standard Chartered, estimating that tokenized assets could reach between $4 trillion and $30 trillion within a decade. Stablecoins, meanwhile, have become a central pillar of on-chain activity, with a market capitalization exceeding $300 billion as of September 202...

The CEO of one of the biggest payment platforms in the world is predicting that stablecoin technology will force traditional banks to evolve. In a post on X, which was a response to a stablecoin Analysis by investor Nic Carter, Stripe CEO Patrick Collison highlights how banks typically keep nearly all of the yield that is received on their customers’ money. When stablecoins become more prominent, Collison says that will change. “Yes, I think that stablecoin issuers are going to have to share yield with others, but this is just one instance. Everyone is going to have to share yield. Today, the average interest on US savings deposits is 0.40% (FDIC data), and $4T of US bank deposits earn 0% interest.* Things aren’t better in the EU: 0.25% average interest on non-corporate deposits; corporate deposits just 0.51%.** In my view, this is going to change: depositors are going to (and should!) earn something closer to a market return on their capital. ...