2024 in review: The UAE crypto legal chronicles

The Japanese government is attempting to spearhead the creation of a new, global cryptocurrency payments network that would be similar to SWIFT.Replace SWIFT with a global crypto payments network?Citing an anonymous source, a Reuters report published on July 18 claimed that the country’s push for the network is motivated by a resolve to combat money…

Blockchain infrastructure firm Blockstream announced the launch of its security token platform in a press release shared with Cointelegraph on May 15.Per the announcement, the new Liquid Securities platform is a solution for businesses to issue security tokens on the Liquid Network.Blockstream Chief Security Officer Samson Mow claims that while businesses are willing to issue…

Olsztyn, Poland is using SmartKey built on Ethereum to streamline emergency services. 2709 Total views 26 Total shares Olsztyn, Poland is reportedly the first city in the world to leverage Ethereum’s blockchain to aid the provision of emergency services, offering yet another tangible use case for distributed ledger technology. Olsztyn has completed a successful trial run…

The economist's remarks come as nations around the world consider how to control cryptocurrencies. 546 Total views 28 Total shares Gita Gopinath, the chief economist of the International Monetary Fund (IMF), has called for a global policy to be put in place that will regulate cryptocurrency, instead of banning it.Pitching for a global policy, Gopinath,…

Hardware wallets and a range of secure, but unusual locations, is the storage method of choice for this crypto family. 1735 Total views 58 Total shares A family that went all-in on Bitcoin back in 2017 has revealed their secrets to safeguarding the asset now that it has increased in price by around 5,000%.The Dutch…

According to emails seen by the WSJ, Sam Bankman-Fried’s family allegedly funneled millions from FTX to political causes, raising significant legal questions.

The Ethereum network’s long-awaited transition from proof-of-work to proof-of-stake is set to occur from Sept 15 to 16 and for the last year, traders and analysts have been discussing various outcomes for the upgrade and possible trading strategies. Let’s take a look at three options investors and traders have. Hodl ETH to earn the expected “hardfork”…

Mainstream news agencies are beginning to provide positive coverage of Bitcoin, acknowledging its proper significance as an asset as the US dollar nosedives. 1764 Total views 14 Total shares The U.S. Dollar Index fell sharply today, extending a 10 month losing streak that places it at the lowest point since April 2018. International news agency Reuters…

The new exchange does not custody customer funds itself to avoid conflict of interest – and a hot-button issue with the SEC. EDX, a cryptocurrency exchange launched a week ago with the backing of tradfi heavyweights such as Citadel Securities, Fidelity Digital Assets and Charles Schwab, is reportedly preparing to switch custody providers, dropping Paxos…