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

The 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.…

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

Binance 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…

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Southeast Asia’s Largest Bank DBS to Launch Crypto Trading for Retail Investors

DBS, the largest bank in Southeast Asia, is planning to launch crypto trading for retail investors this year, the bank’s CEO has revealed. He added that in the first half…

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BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low

While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021.…

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Popular Trading App Robinhood’s Global Expansion Will Be ‘Crypto First’

Popular trading app Robinhood has revealed that its international expansion will be “crypto first.” The company said from the regulatory standpoint, crypto is “probably the easiest way to go global.”…

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Russian Government Approves Plan to Regulate Cryptocurrency

The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under…

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Russian Government Eyes $13 Billion in Taxes From Crypto Economy

Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as…

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US Seizes 94,636 Bitcoin From 2016 Bitfinex Hack in ‘Largest Crypto Seizure to Date’ — 2 People Arrested

The U.S. Department of Justice (DOJ) has announced the seizure of 94,636 bitcoins directly linked to the 2016 hack of the cryptocurrency exchange Bitfinex. This is the DOJ’s “largest cryptocurrency…

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