Tag: News

Seychelles-based cryptocurrency exchange KuCoin has been ordered to halt its operations in Dubai after regulators determined the platform was operating without the required authorization.  The action was announced Thursday by Dubai’s Virtual Assets Regulatory Authority (VARA), which stated that KuCoin does not hold a license to provide virtual asset...

Stablecoin monthly transaction volume reached a record $1.8 trillion in February, as USDC surprised analysts with 70% of the total volume....

Kazakhstan’s central bank will soon begin investing up to $350 million from its gold and foreign exchange reserves into cryptocurrency assets and related companies, as part of its broader digital assets strategy. Central Bank Prepares For $350M Investment Into Crypto-Related Assets On Friday, Reuters reported that the National Bank...

Stablecoins’ promise lies in their utility, making them ideal for solving one of the oldest problems: managing risk in an unpredictable world....

Despite strong backing from President Donald Trump and ongoing discussions at the White House, the CLARITY Act — the Senate’s long-debated crypto market structure bill — remains stalled as political divisions persist and the midterm elections draw closer. The legislation has been slowed by continued resistance from Senate Democrats...

Bitcoin falls below $70k as ETF flows turn negative, while DeFi development continues with new Ethereum lending protocols. Bitcoin has come under renewed pressure after slipping back below the $70,000 level, as U.S. spot ETF flows turned negative following several…...

Bitcoin is attempting to hold the $70,000 level as geopolitical tensions in the Middle East intensify, injecting fresh uncertainty into global financial markets. The asset began the week trading above $74,000 but experienced a sharp repricing as investors reacted to escalating developments around the Strait of Hormuz, a critical...

Bitcoin’s price failed to maintain the $70,000 level and has dropped by an additional two grand since then, currently fighting for the $68,000 support. The altcoins are bleeding out as well daily, with ETH going below $2,000, and BNB dipping beneath $630. PI is among the few exceptions today...

Although the week began on a more positive note for the spot Ripple (XRP) ETFs in the US, it ended with more significant outflows, making it a red one – the first since late January. At the same time, the underlying asset’s attempted breakout was short-lived, as it was...

The Virtual Asset Regulatory Authority (VARA), which is the main watchdog for cryptocurrency-related businesses in Dubai, has issued a formal cease and desist order to KuCoin and MEXC. The regulator argued that it had come to its attention that the popular trading platforms “may be providing Virtual Asset activities...