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Dubai regulator grants Crypto.com MVP preliminary license
Crypto.com has obtained a minimal viable product (MVP) preparatory license from Dubai's Virtual Asset Regulatory Authority (VARA) to offer spot and derivatives instruments of virtual assets.
UAE Markets Regulator Approves Trading of Canadian-Based Bitcoin Fund on Nasdaq Dubai Stock Exchange
The Dubai Financial Services Authority (DFSA) has cleared the launch and trading of Canadian-based Bitcoin fund on Nasdaq Dubai Stock Exchange as part of the effort to provide investors based in the Middle East access to the cryptocurrency investment services.
ZachXBT's Defamation Lawsuit Receives Over $1 Million in Donations as Prominent Figures Rally Support
In a surprising turn of events, renowned on-chain analyst ZachXBT has exceeded his initial fundraising target, amassing a staggering $1,055,233 in donations, according to Nansen data. This remarkable achievement has been made possible through contributions from various entities and influential figures within the crypto industry.
Kraken Amplifies European Footprint with BCM Acquisition
US-based cryptocurrency exchange, Kraken, has announced its plan to acquire Dutch crypto broker BCM as part of its European expansion strategy. This move aligns with the new MiCA regulatory framework, promoting a favorable investment climate in the region. The acquisition will enhance Kraken's service offerings and market position in the Netherlands.
Haru Invest Addresses Rehabilitation Procedures and Asset Distribution Concerns
On Aug 6, Haru Invest clarified court rehabilitation procedures and asset distribution plans, following legal challenges and member concerns.
Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest
Binance introduces a Word of the Day game focusing on Bitcoin NFTs, offering 500,000 Binance Points to participants during the Bitcoin Halving celebration.
How Can Blockchain Technology End Labour Market Woes?
In its usual bid to take over the technology ecosystem, blockchain technology can be instrumental in the fight against unemployment through a creative aggregation of data for easy verification. This is revealed in a research report published on June 8 and sponsored by the American Council on Education.
Equating Cryptocurrency Solely with Illegal Conduct Lacks Understanding
Cryptocurrency has its benefits, but several consumers are still unaware of what they are because of security concerns and how the technology functions. In a recent interview, Coleman Watson – Managing partner Watson LLP – identified that while many people are interested in using cryptocurrency, lack of understanding remains a major hurdle.
Bitdeer Reports Robust Operational Performance for October 2023
Bitdeer Technologies Group, a leading Bitcoin mining company, has seen steady operational performance in October 2023, with strategic developments like Tydal Datacenter construction highlighting its long-term success.
US Fed denies Custodia Bank membership over crypto concerns
The US Federal Reserve has denied Custodia Bank's membership application due to concerns over its involvement in the crypto industry. The Fed cited heightened illicit finance and safety and soundness risks, as well as a lack of a sufficient risk-management framework for its proposed cryptoasset-related activities. The bank is also prohibited from running crypto-related services if accepted as a member.
Russian Tech and Political Oligarchs Opposes Blanket Crypto Ban
Tech and political oligarchs in Russia are expressing their full displeasure over the proposed blanket ban on crypto.
Portal Debuts on Binance Launchpool for BNB and FDUSD Farming
Binance Launchpool has added cross-chain gaming startup Portal for a new farming event. Users can earn PORTAL tokens by staking BNB and FDUSD over 7 days starting February 22nd. PORTAL will then list on Binance against major trading pairs.