#cryptocurrency
It’s the first such initiative to bring together a major global bank, a regulated crypto platform and a traditional asset manager to support secure crypto trading for institutions
The deal, which Binance called its first institutional investment, is one of the largest ever in the crypto industry
Dubbed ‘AE Coin’, the cryptocurrency is positioning itself as a stablecoin that is fully backed by reserves held within the UAE
President-elect Donald Trump embraced digital assets during his campaign, promising to make the US the “crypto capital of the planet”
The launch was announced at a gala event at the Museum of the Future, Dubai, on October 10, 2024.
Retail investors have dominated flows into the new ETFs, with only a handful of large institutions having publicly disclosed positions in regulatory filings
The dirham stable coin will be accessible globally and “fully backed” by liquid UAE-based reserves
The decision reinforces the importance of clear contractual terms, ensuring that both traditional and cryptocurrency forms of payment are adequately addressed
The Bahrain arm of BitOasis will house a small team as it works to launch a new platform in Bahrain during the second half of 2024
Cryptocurrency is more than just a new asset class, it represents a fundamental change in how assets are managed and verified
Cryptocurrencies have been supported by excitement around the US Securities and Exchange Commission’s move to approve bitcoin exchange-traded funds
CEO Richard Teng says Binance has secured a full licence to serve both institutional and retail investors out of Dubai
The judge called Bankman-Fried’s efforts to present himself as a “good guy” an act, adding, “The goal was power and influence”
The cryptocurrency has gained 50 per cent this year amid a surge in inflows into US-listed bitcoin funds
The cryptocurrency has gained 50 per cent this year and most of the rise come in the last few weeks where trading volume has surged for US-listed bitcoin funds
The approval and launch of spot bitcoin ETFs in the US this year has opened the asset class to new investors and reignited the excitement that was sapped in the “crypto winter” of 2022
The cryptocurrency has risen 16.3 per cent so far this year, on Monday touching its highest since December 27, 2021
Cryptocurrency markets are abuzz with the prices of Bitcoin and Ether rising sharply in the first few days of 2024
The cryptocurrency is up more than 150 per cent in 2022 alone and there’s now further momentum in this market amid hopes around future interest rates.
The jury reached the verdict after just over four hours of deliberations
The web3 company is piloting the Fluent Economic Bridge platform in Kenya and plans to develop a digital trade corridor with the UAE
Sam Bankman-Fried’s fraud trial kicked off on Tuesday and marks the culmination of a year-long legal saga
The platform can offer market strategies in terms of percentage chance and also recommend the right products
Binance Bahrain BSC is the first regulated exchange in the region to offer these services and the only exchange with a CAT4 licence
This is CoinDCX’s first investment into the MENA region
Republic Crypto will help engage with potential strategic partners, exchanges and market makers
How do exchanges survive and thrive in an increasingly competitive market? We take a look…
Laser Digital Middle East will be able to offer virtual asset broker-dealer and investment management services locally
The largest digital-asset by market value fell as much as 4.2 per cent