UAE Crypto Transactions Hit $25 Billion in 2022; DMCC Adopts Accommodative Regulatory Policies

by Александр Пирогов | Apr 16, 2024 | Blog News

The United Arab Emirates (UAE) saw $25 billion in crypto transactions in 2022, prompting the adoption of accommodative regulatory policies to attract further investment. A report by the Dubai Multi Commodities Centre (DMCC) highlighted the potential and opportunities...

Dubai’s VARA CEO Discusses Plans to Ease Regulatory Costs for Smaller Crypto Players

by Александр Пирогов | Apr 15, 2024 | Blog News

During the Paris Blockchain Week, Matthew White, CEO of Dubai’s Virtual Asset Regulatory Authority (VARA), addressed the challenges faced by smaller players in Dubai’s cryptocurrency sector due to heavy regulatory costs. White acknowledged the...

Hong Kong Approves Spot Bitcoin and Ethereum ETFs, Signaling Crypto Market Progress

by Александр Пирогов | Apr 15, 2024 | Blog News

The Hong Kong Securities and Futures Commission (SFC) has given approval to several spot Bitcoin and Ethereum exchange-traded funds (ETFs), marking significant progress in the region’s crypto market. Approvals were awarded to China Asset Management, Bosera...

German Bank LBBW Teams Up with Bitpanda for Corporate Crypto Offerings

by Александр Пирогов | Apr 15, 2024 | Blog News

Landesbank Baden-Württemberg (LBBW), one of Germany’s major banks, has entered the cryptocurrency space through a partnership with Bitpanda, marking Bitpanda’s first collaboration with a German bank. The collaboration aims to provide crypto services...

Venezuela Unveils Second Wave of Detentions Linked to Crypto Money Laundering Scheme

by Александр Пирогов | Apr 12, 2024 | Blog News

The Venezuelan Attorney General, Tarek William Saab, announced the arrest of prominent figures, including former PDVSA president Tareck El Aissami, former Economy Minister Simon Alejandro Zerpa, and entrepreneur Samark Lopez, in connection with a crypto money...

Craig Wright Drops Appeal Against Hodlonaut in Norway

by Александр Пирогов | Apr 12, 2024 | Blog News

Craig Wright, known for claiming to be the inventor of Bitcoin, has dropped his appeal against Norwegian bitcoiner Hodlonaut after nearly five years of legal battles over social media posts. This decision follows a UK judge’s ruling that Wright is not the...