Dubai financial regulator updates crypto token rules for funds

Zero-knowledge Know Your Customer (KYC) would allow businesses to adhere to strict AML/CTF rules while ensuring customer privacy. 49 Total views 6 Total shares

Data shows that institutions heavily accumulated Bitcoin in the $12,000–$15,000 range, and according to analysts at Whalemap, this is a positive trend because institutions and whales typically accumulate assets with a longer-term investment strategy in mind.The fact that larger hands are accumulating BTC instead of retail investors also explains the somewhat suppressed mainstream interest in…

Ben Zhou shared a post on X, clarifying that none of the rumors have “any real facts” supporting them.

According to data from Messari, the NFT marketplace sales volume grew by 2,882% in February. It dwarfed the increase in monthly sales volume in any given month throughout the past three years. The fast growth of the NFT market follows high-profile auctions of nonfungible tokens led by Sotheby’s and other recognizable brands, such as Time…

India is leaving itself vulnerable to corruption by attempting to ban cryptocurrencies such as Bitcoin (BTC), says Tim Draper. Speaking to California-based media outlet Indica on Oct. 31, the pro-Bitcoin VC investor called on prime minister Narendra Modi to rethink the current hostile environment towards crypto. Draper to Modi: don’t “go back to old ways”India banned banks…

Earlier in October, the developers of India’s first Bitcoin (BTC) “ATM” were arrested in the city of Bangalore under criminal charges, in a case that has shaken the local startup community and cast a spotlight on the lack of clarity surrounding “the law of the land” in regard to crypto.While the official Freedom of Information…

Weekly crypto market data. Source: Coin360As the weekly close approaches Bitcoin remains pinned in the $8,300 to $7,800 range. For the past few days, the digital asset has made lower daily highs and it no longer rides along the 20-MA of the Bollinger Band indicator on the 4-hour chart. Basically, Bitcoin is losing steam and now…