Bitcoin & cryptocurrency news

Uzbekistan Unblocks Popular Russian Crypto Exchange Aggregator

Uzbekistan Unblocks Popular Russian Crypto Exchange AggregatorThe government body overseeing the crypto market in Uzbekistan has restored access to Bestchange.ru, a well-known exchange aggregator in the region. The move comes after earlier this year the regulator blocked a number of coin trading platforms, including Binance. Residents of Uzbekistan Can Again Use the Services of Bestchange.ru Uzbekistan’s National Agency of Perspective Projects […]

Report: 11.4% of UAE Residents Have Invested in Cryptocurrencies

Just over 11% of United Arab Emirates (UAE) residents have invested in cryptocurrencies, a report issued by the country’s Telecommunications and Digital Government Regulatory Authority (TDRA) has reportedly said. Globally, the United Arab Emirates is now ranked tenth in terms of cryptocurrency investment rate. UAE’s Mission to Become a Global Crypto Hub According to a […]

Sequoia Capital Designates $500-600 Million to Crypto Fund Focused on Liquid Digital Assets

Sequoia Capital Designates $500-600 Million to Crypto Fund Focused on Liquid Digital AssetsOn February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company noted during its announcement that the new fund highlights Sequoia’s strategic “commitment to crypto.” Venture Firm Sequoia Capital to Launch a Fund Focused on Liquid […]

Crypto Exchange Binance Halts Activities in Israel After Regulator Raises Licensing Issue

Crypto Exchange Binance Halts Activities in Israel After Regulator Raises Licensing IssueBinance has reportedly halted services in Israel after the cryptocurrency exchange was approached by the country’s financial regulator inquiring about its activities and the licenses under which it operates. A growing number of regulators have been scrutinizing Binance for operating without a license in their jurisdictions. Binance Halts Crypto Services in Israel Israel’s Capital Market, […]

UAE Prepares to Launch Nationwide Crypto Licensing System in Line With Global Standards

UAE to Start Issuing Crypto Licenses to Grow Crypto Economy, Attract Big BusinessesThe United Arab Emirates (UAE) is getting ready to start issuing federal licenses to cryptocurrency service providers in the first quarter. The UAE crypto regulation will take a hybrid approach. The government hopes that a nationwide crypto licensing system will attract big companies to the region. UAE Prepares to Regulate Crypto Sector Nationwide The United […]

Crypto Exchange Binance Joins Expert Center at Russian Banks Association

Crypto Exchange Binance Joins Expert Center at Russian Banks AssociationDigital asset exchange Binance has become the first crypto company to support the Association of Banks of Russia in efforts devoted to regulating the country’s growing cryptocurrency market. The coin trading platform will also work with authorities in Moscow as they try to adopt rules for the industry. Binance to Provide Crypto Expertise to Russian […]