Bitcoin falls below $63,000 as Fed policy signals weigh on crypto markets
Bitcoin and the broader cryptocurrency market traded lower on Friday as investors weighed the U.S. Federal Reserve‘s latest policy signals alongside geopolitical developments and softer institutional inflows that continued to...
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New UAE blockchain-powered service enables 24/7 multi-currency business payments
HSBC has expanded its digital banking capabilities in the United Arab Emirates with the launch of its Tokenised Deposit Service (TDS), introducing blockchain-enabled money movement designed to support faster treasury...
Bank of England eases stablecoin rules, imposes £40 billion cap per stablecoin
The Bank of England (BoE) on Monday eased parts of its proposed stablecoin regulations in its final policy and draft rules, after industry...
Dubai accelerates blockchain and tokenization push with DMCC-Tether partnership
Dubai is stepping up its push to become a global hub for blockchain and digital finance after DMCC signed a strategic Memorandum of...
How unverified smart contracts are drawing growing interest from attackers
Attackers are increasingly turning their attention to a less visible corner of the decentralized finance (DeFi) ecosystem: unverified smart contracts. While most major...
Crypto exchanges could channel $2 trillion, 300 million new investors into global markets by 2031
New projections by Binance Research reveal that crypto exchanges could collectively channel $2 trillion in incremental capital and nearly 300 million new investors...
UAE Innovation City launches world’s first blockchain-based digital business identity, powered by IOPn
Innovation City, the UAE’s premier AI-powered free zone in Ras Al Khaimah, announced the launch of the world’s first blockchain-based digital business identity...
Dubai’s VARA establishes regulatory framework for virtual asset derivatives trading
The Dubai Virtual Assets Regulatory Authority (VARA) introduced on Tuesday a comprehensive regulatory framework for Exchange Traded Derivatives (ETD) in virtual assets, making...
Bitcoin trades below $62,000 as ETF outflows persist amid growing rate hike bets
Bitcoin traded below the $62,000 mark on Thursday, hovering near its lowest levels of the year and underperforming the broader rally in risk-sensitive assets as investors continued to withdraw funds...
Hong Kong launches new regulatory framework to allow secondary trading of tokenized products
Hong Kong’s Securities and Futures Commission (SFC) launched on Monday a new regulatory framework to pilot the secondary trading of tokenized SFC-authorized investment...
Hong Kong grants first stablecoin licenses to HSBC, Anchorpoint Financial
Hong Kong awarded on Friday its first two stablecoin issuer licenses to HSBC and Anchorpoint Financial, a consortium led by Standard Chartered that...
Dubai becomes world’s first jurisdiction to establish dedicated guidance on virtual asset issuance
Dubai’s Virtual Assets Regulatory Authority (VARA) issued on Thursday its Guidance on the Virtual Assets Issuance Rulebook. The publication makes Dubai the first...
Digital Asset Market Clarity Act hits Senate stalemate over stablecoin interest
The battle over how to regulate cryptocurrency in the United States has hit a major roadblock in the Senate, leaving the future of...
