Dubai to Abu Dhabi: How NFTs are used in the UAE
Cointelegraph went to an electronic dance music concert and spoke to projects at the recent AIBC Dubai event to see how nonfungible tokens are used in the United Arab Emirates.
Crypto.com gets MVP preparatory license from Dubai regulator
After completing the preparatory stage and obtaining an operational license in Dubai, Crypto.com plans to provide a comprehensive range of institutional services in compliance with regulatory requirements.
SVB collapse chilled NFT trading volumes: Nifty Newsletter, March 15–21
Cointelegraph explored the United Arab Emirates to see how NFTs are used in the region.
Dubai regulator demands Binance provide info on ownership, governance: Report
According to Bloomberg, the Dubai crypto regulator is also seeking similar details from other global crypto players.
UAE’s federal financial regulator opens licensing applications for VASPs
Companies that have already acquired licenses from the country’s financial free zones are exempted from the requirement of registering with the regulator.
Lawyer explains new federal virtual asset law in the United Arab Emirates
Failure to comply with the new law could lead to a hefty fine of up to $2.7 million, ejection of profits and criminal investigation.
Crypto to play 'major role' in UAE trade: foreign trade Minister
UAE’s minister of state for foreign trade Thani Al-Zeyoudi noted that as the country has attracted a lot of talent from the crypto sector, the UAE now needs to roll out the correct regulation to support further growth.
Dubai releases crypto regulations for virtual asset service providers
The laws apply to market participants within the Emirate of Dubai, with the exception of those under the Dubai International Financial Centre.
Crypto projects respond to privacy coin ban in Dubai
Christopher Goes, co-founder of privacy protocol Anoma, pointed out that privacy is a basic human right and a ban demonstrates a lack of consideration for the public.
UAE central bank to issue CBDC as part of its financial transformation program
The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments.
Breaking: After Japan, Kraken Shuts Down Operations In This Country
Crypto exchange Kraken is winding down operations in this country following a drop in crypto interest and will lay off most of its staff.
Tue,26 Sep 2023-
BRC-20 tokens surpass $1B market cap as wallet providers prepare integration
The growth in BRC-20 tokens comes just two months after the creation of the Bitcoin token fungibility protocol.
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Grayscale expands ETF business, puts forward 3 new crypto funds
The new funds would invest in a wide range of different crypto-related assets including Bitcoin miners and privacy tech.
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Bear market pushes crypto events to cut fluff, prioritize discourse
“Huge DJs” no longer appear at crypto events; instead, attendees are seeing more “well thought out, intelligent questions” being asked.
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Bitcoin ‘under siege’ by BRC-20 coins as fees soar, claims analyst
Bitcoin transactions and fees are at high levels, and 400,000 of them are still unconfirmed on the blockchain.
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Bitcoin eyes $28K push as traders demand CPI day BTC price volatility
Bets are in for how BTC price action will react to the latest CPI print, with data favoring inflation dissipating in the coming months.
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China issues first arrest over fake news created with ChatGPT: Report
Alleged fake news poster becomes the first person in China arrested for using artificial intelligence platform ChatGPT.
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South Korean lawmaker allegedly cashed out while legislating on crypto: Report
National Assembly member Kim Nam-kuk had authority in handling laws related to digital assets in South Korea, reportedly backing a bill proposing a 20% crypto gains tax be deferred.
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State-sponsored Chinese AI firm launches bot service to ‘surpass’ ChatGPT
Chinese tech company iFlytek recently made waves with the launch of its “Spark Model,” an AI system it says will surpass ChatGPT by the end of the year.
