As bitcoin continues to gain traction as a financial asset, its role in reshaping traditional mortgages could mark a significant advancement for homeownership and the American Dream.
OKX becomes first major crypto exchange to launch AED-denominated trading in UAE
OKX launched its AED-denominated trading service in the UAE after earning full regulatory approval from the VARA.
Binance and TOKEN2049 announce a new partnership, joining forces within the UAE
Two of the largest players in Web3 unite to enhance the Middle East’s position as a global hub for blockchain innovation …
The Protocol: Peter Todd Wants to Fix Satoshi’s Bitcoin Bugs
The HBO documentary turned the spotlight on an early Bitcoin contributor who recently has proposed an upgrade to fix all the bugs left in Bitcoin’s original code. PLUS: Criticisms mount after …
Dubai, Switzerland, South Korea Named Leading Crypto Hubs in 2024
Dubai, Switzerland, and South Korea have managed to take the lead in shaping the future of the crypto industry.
Monero (XMR), ZCash (ZEC) and Other Privacy Coins Face Highest Delisting in 2024
Amid the strong regulatory actions in 2024, privacy coins like Monero and ZCash have faced the highest delisting from crypto exchanges.
EIGEN, A Re-staking Protocol, Will Be Listed on CoinW Exchange
At launch, EigenLayer’s native token EIGEN has a total supply of 1,673,646,668.28466 tokens, symbolically encoded with the phrase “open innovation” on a classic telephone keypad. The token …
UAE Scraps Value Added Tax on Crypto Transactions, Binance Foresees Rapid Growth in Web3 Businesses
The UAE, on the other hand, has not only revised its tax regime for crypto but has also established the VARA framework of regulations to comprehensively govern the Web3 sector. As part of its tax …
Binance Launches Largest Trading Event ‘Traders League’ With $10 Million Prize Pool
Binance Traders League is designed to be inclusive, offering a variety of challenges that engage participants of all experience levels and cater to their trading preferences. Solo competitions will …
Cardano Price Anticipates 17% Dip Ahead of Hoskinson’s Roadmap Presentation
After a bullish streak for Cardano price last week, the bears dominate following the weekend sell-off, avoiding a major breakout. As Charles Hoskinson …
NBB issues the first Bitcoin investment product in Bahrain and GCC
In a partnership with ARP Digital, the National Bank of Bahrain (NBB) has issued the first Bitcoin investment product of its kind in Bahrain and in the GCC region. The new investm
NBB issues the first Bitcoin investment product in Bahrain and GCC
In a partnership with ARP Digital, the National Bank of Bahrain (NBB) has issued the first Bitcoin investment product of its kind in Bahrain and in the GCC region. The new investm
UAE Removes Taxes for Crypto Transactions; Analysts Expect Adoption of Chainlink, Ethereum, and IntelMarkets To Pump
According to news reports, the UAE announced it would exempt crypto conversion and transfer from the VAT beginning November 15, 2024. Such a move will foster the growth and development of …
Bitcoin Approaches $64K Amid Growing Optimism For ‘Soft Landing’ And A ‘Goldilocks’ US Economy
Bitcoin (CRYPTO: BTC) has seen a notable increase of 1.08% over the past 24 hours, approaching the $64,000 mark. This surge is attributed to positive U.S. employment data and the anticipated reduction in interest rates.
UAE crypto push continues as Kraken invades Abu Dhabi
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the …
Will Bitcoin Price Benefit from UAE’s New VAT Exemptions for Virtual Assets?
The Bitcoin price surged 0.55% during the low-volatility weekend, currently trading at $62400. Following the broader market relief rally, the BTC price …
UAE Sets Stage for Crypto Boom With New Tax Exemption Policy
The UAE exempts crypto transactions from VAT starting Nov 2024, fostering crypto growth and investment in Dubai’s ecosystem.