Binance CEO Richard Teng rules out an IPO, emphasizing the exchange’s strong financial health and global expansion plans …
UAE: Firms announce plan to launch dirham-pegged crypto coin
Abu Dhabi Securities Exchange-listed Phoenix Group and digital asset firm Tether on Wednesday announced a plan to launch a stablecoin pegged to the UAE dirham. The launch of the coin is aimed at …
Dubai Court Approves Cryptocurrency for Salary Payments with Defined Terms
A recent ruling from the Dubai Court of First Instance has established that salaries in the United Arab Emirates (UAE) may be paid in cryptocurrency, provided the terms are explicitly outlined in the …
Tron Network (TRX) gains traction as Kraken executes $955M worth of USDT transaction
Blockchain analytics platform Lookonchain has reported large-scale USDT transfers from the Tether Treasury to Kraken, facilitated through the Tron blockchain.
Dubai court recognizes crypto as valid salary payment: Law Decoded
On Aug. 16, the Dubai Court of First Instance recognized crypto as a valid salary payment option. Irina Heaver, a partner at United Arab Emirates law firm NeosLegal, explained that the ruling in case …
UAE hands 57 Bangladeshis long-term jail terms for protests
A court in the United Arab Emirates (UAE) has jailed 57 Bangladeshi nationals for staging protests in the Gulf country against their own government, according to the state media. Three …
Dubai court orders company to pay employee’s dues in UAE currency and cryptocurrency
The decision rendered in a Labour case number 1739 of 2024, represents a notable shift from a previous judgment by the same court in 2023.
Binance resumes services in India after registering as a reporting company with the FUI-IND
An announcement by the largest crypto exchange globally, Binance, revealed that it registered as a reporting crypto service with India’s Financial Intelligence Unit. The registration marks the 19th …
Binance Makes a Comeback in India as a Registered Crypto Exchange After Seven Months
After a seven-month hiatus, Binance has made a notable return to India’s digital landscape. The crypto exchange has been reinstated on India’s Google Play Store and Apple App Store as of August 15, …
Coinbase’s Base Chain Looks to Create a Bitcoin Economy With cbBTC, a Wrapped Bitcoin Competitor
Coinbase announced the launch of its cbBTC wrapped bitcoin token with a cryptic post. It will be deployed on Base to develop a ‘Bitcoin economy’ on the Ethereum layer 2. […] …
Indian Crypto Exchange CoinDCX Acquires BitOasis
Dubai-based BitOasis recently acquired a license to act as a broker-dealer in Bahrain. CoinDCX is among the most prominent crypto exchanges in India, boasting a user base of over 15 million.
A Bright Future for Cryptocurrency? Dubai Court Legalizes Cryptocurrency for Salaries; Russia and China Eyes On BTC Bypass Dollar
The legalization of cryptocurrency for salaries in Dubai signals growing mainstream acceptance. With Russia and China looking at Bitcoin to bypass the dollar, BTC is getting stronger. Ethereum (ETH) …
XRP Whales Move 106M Coins, Rally To $0.69 Face Headwinds?
XRP price faced increased turbulence today, aligning with a staggering 106 million coins moved by XRP whales over the past day.
Binance returns to India as registered crypto exchange following 7-month ban
Binance has reappeared on India’s Google Play Store and Apple App Store after a seven-month ban, having registered with the FIU-IND to comply with AML and CFT regulations.
XRP Set to Skyrocket Amid Global Shifts and Growing Interest in CryptoTradingFund
Discover how XRP price is poised for a surge due to global shifts and rising institutional interest. Don’t miss out on this opportunity!
Binance returns India as registered crypto exchange following 7-month ban
Crypto exchange Binance has reappeared on India’s Google Play Store and Apple App Store following a seven-month ban due to noncompliance with local regulations. On Aug. 15, Binance’s website and …
Binance Available in India After Obtaining FIU Registration
Binance is now available and operational in India after registration with the Financial Intelligence Unit (FIU) of India according to a press release.