UAE regulators to allow Dubai-licensed VASPs to service entire country

Central bank digital currencies (CBDC) can work well with decentralized finance (DeFi), and they have a lot of potential to boost DeFi adoption, according to a Swiss central bank official.Among many various types of digital currencies, it is CBDC that could provide more stability and lower risks to the development of DeFi, according to Thomas…

An internationally focused trading platform says it is offering a social element to finance that has never been seen before — bringing together a strong community who can talk strategy and collaborate to achieve strong results.As well as enabling users to trade some of the world’s top stocks — Netflix, Microsoft, Amazon and Apple among…

The Aave decentralized finance protocol new feature lets users borrow money without posting collateral. 1208 Total views 15 Total shares The Aave lending protocol recently launched a new feature called Credit Delegation. This feature allows users to provide peer-to-peer loans with no formal collateral requirements.Stani Kulechov, the CEO of Aave, explained via Twitter how the…

The integration allows institutional-grade users to mint and manage their tokens along with managing their conventional cryptocurrency portfolios. 151 Total views 6 Total shares Enterprise cryptocurrency custody firm Fireblocks is set to offer token minting services through a new integration with Ethereum- and Polygon-friendly platform Tokeny.The new feature allows businesses and retail customers to mint…

If the Digital Asset Anti-Money Laundering Act were to become law, many cryptocurrency providers would have to learn how to comply with the same regulations as traditional financial institutions. by Mitch Eiven 8 min December 6, 2023 Share Share Share Share Real bipartisan legislative efforts are rare in Washington, DC, these days, but Democratic Senators

Blockchain’s has surpassed 2^92 double-SHA256 hashes, hitting a new milestone. 701 Total views 27 Total shares With block #632874, which was mined on June 3, the Bitcoin (BTC) blockchain’s expected cumulative work hit a new milestone. According to Blockstream co-founder Pieter Wuille, it has now surpassed 2^92 double-SHA256 hashes, or 4951760157141521099596496896 hashes.Wuille noted that the previous…

United States major cryptocurrency exchange Coinbase has added support for Ripple (XRP) to its retail platform and mobile apps. The exchange announced the development in a blog post on Feb. 28.The announcement states that Coinbase’s users can now purchase, sell, convert, send, receive, and store XRP both on Coinbase.com and the Coinbase Android and iOS…

Mimblewimble, a privacy-focused blockchain protocol, is allegedly not private at all. According to an expert at blockchain research firm Dragonfly Research, Mimblewimble's privacy is fundamentally flawed, which he reportedly proved by discovering the exact addresses of senders and recipients for 96% transactions of Mimblewimble’s privacy-centric coin Grin (GRIN).Ivan Bogatyy, a researcher at United States-based Dragonfly…

A spokesperson for Australian Treasurer Jim Chalmers said they are closely monitoring the fallout from FTX's collapse. 118 Total views 1 Total shares The Australian government has doubled down on its commitment towards a robust regulatory framework for crypto following the catastrophic collapse of FTX last week.A spokesperson for Australian Treasurer Jim Chalmers said the…