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Paxos receives in-principle approval to issue stablecoins in Abu Dhabi

29.11.2023
The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin

IOTA launches $100 million Abu Dhabi foundation for Middle East expansion

29.11.2023
The IOTA Ecosystem DLT Foundation is the first to receive approval from regulators in Abu Dhabi after its financial authority passed a new, related law earlier in the month

Today in Crypto: Matr1x Gaming Platform Raises $10 Million, Bybit’s Portfolio Margin Mode Gets Spot Trading Capabilities, MapMetrics Expands to Peaq Blockchain

23.11.2023
Source: matr1x.io/games Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Matr1x, the platform facilitating the mobile shooting game Matr1x Fire within the Web3 domain, secured...

Warner Bros. Wonder Woman Will Defy An Obnoxious Gaming Trend

20.11.2023
We still know next to nothing about Wonder Woman, the new action-adventure game from Shadow of Mordor developers Monolith Productions. But we did learn one important detail this past weekend: It won’t be a live-service game, according to the project’s publisher.Read more

Ripple’s Navin Gupta Stresses the Importance of Activity-Based Crypto Regulation – Here’s What You Need to Know

15.11.2023
Navin Gupta, Ripple’s Managing Director of South Asia, Middle East, and North Africa. Source: Ripple / X Navin Gupta, the Managing Director of South Asia, Middle East, and North Africa at the US blockchain and payments firm Ripple, has reiterated the necessity of adopting an activity-based...

Crypto.com’s Dubai’s Subsidiary Secures License from VARA

14.11.2023
Source: Pixabay/Jan Vasek Singapore-based Crypto.com’s subsidiary has secured a Virtual Assets Service Provider (VASP) License from Dubai’s regulator for specified crypto service activities. CRO DAX Middle East, the exchange’s Dubai arm, received the license from Dubai’s Virtual Assets Regulatory...

Crypto.com granted Dubai crypto license

14.11.2023
The license is pending operational approval and allows Crypto.com’s Dubai entity to offer exchange, broker-dealer, and lending and borrowing services

Metaverse projects failed on lack of correct business model: MetaMinds CEO

6.11.2023
As the metaverse loses its appeal to some global tech leaders, MetaMinds Group CEO Sandra Helou argues that failures in metaverse initiatives resulted from the lack of proper business models

Abu Dhabi Global Market Unveils New Regulations for Web3 Firms

2.11.2023
Abu Dhabi seeks to beef up its web3 landscape with new guidelines for blockchain-based firms as its crypto hub is projected to grow in the coming months. The Abu Dhabi Global Market (ADGM) announced new rules that create numerous blockchain foundations and how they operate within the jurisdiction...

Biggest Movers: XRP 8% Higher, Hitting 10-Week High

31.10.2023
XRP was one of the biggest gainers on Tuesday, as price rose by as much as 8% in today’s session. The surge pushed the token to its strongest level since the middle of August, and closer to a key resistance zone. Toncoin was another notable gainer, climbing by over 6% today. XRP...

Saudi’s NEOM partners with Animoca Brands for regional Web3 development

30.10.2023
Saudi Arabia’s forthcoming regional development project, NEOM, has partnered with Animoca Brands to push Web3 in the region and a potential $50 million investment deal

Egypt Becomes First MENA Country to Issue Chinese Yuan-Denominated Bonds

24.10.2023
Eygpt has reportedly become the first Middle East North Africa (MENA) region country to issue so-called “panda bonds” after it issued Chinese yuan denominated bonds worth $479 million. Issuing panda bonds marks another step in Egypt’s attempts to move away from costly dollar...

Lower-middle income countries lead in crypto adoption, but not volume: Chainalysis

23.10.2023
Usage is down, but the future of crypto looks bright thanks to adoption in up-and-coming economies, according to Chainalysis

SEC ‘Surrender,’ Fear of Middle East Escalation, Meme Coin Market Update — Bitcoin.com News Week in Review

22.10.2023
In big crypto and finance news this week, the SEC has dropped its lawsuit against top Ripple execs, Bridgewater founder Ray Dalio speculates on war in the context of strife in the Middle East, and a look at the meme coin market’s performance in 2023. This and more just below, in the latest...

Bank of America CEO Discusses Economic Slowdown and Fed Cutting Interest Rates

22.10.2023
Bank of America CEO Brian Moynihan expects the U.S. economy to slow down in the middle of next year. The executive also noted that according to his bank’s research, the Federal Reserve will start cutting interest rates in the middle of next year to the latter half of next year. Bank of America Boss...

Today in Crypto: Bitget Q3 Report Finds BGB Trading Volume Exceeded $1.3 Billion, US Doctor Pleaded Guilty to Hiring Hitman With BTC, Beluga Raises $4 Million

20.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Bitget Q3 Report Finds BGB Trading Volume Exceeded $1.3 Billion, US Doctor Pleaded Guilty to Hiring Hitman...

Crypto’s Role in Terrorism Financing Overestimated, Chainalysis Shows

20.10.2023
Inaccurate methodologies have resulted in overstated metrics about the use of cryptocurrency by terror groups fighting Israel, according to Chainalysis. The analytics company has tried to “correct the record” on crypto’s role in terrorism financing amid ongoing hostilities in the Middle East....