Dubai Crypto Regulations Mandate New Risk Disclaimers

Dubai Crypto Regulations Mandate New Risk Disclaimers

New Dubai crypto regulations are set to enforce stricter guidelines for virtual asset companies operating within the United Arab Emirates (UAE). The Virtual Assets Regulatory Authority (VARA), Dubai’s cryptocurrency regulator, has updated its advertising policies, requiring crypto companies to provide clear risk disclaimers. This move aims to enhance consumer awareness of the volatile nature of…

Bybit Surges to 50 Million Users in 40 Days, Leading Web3 and Global Compliance

Bybit Surges to 50 Million Users in 40 Days, Leading Web3 and Global Compliance

DUBAI, UAE, Sept. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, is delighted to announce a major milestone as its registered user base surpasses 50 million worldwide. This extraordinary achievement underscores Bybit’s rapid growth and solidifies its position as a preferred platform for millions of crypto enthusiasts and traders globally. Strengthening…

Coinbase Pushes for Clear SEC Digital Asset Rules

Coinbase Pushes for Clear SEC Digital Asset Rules

Cryptocurrency exchange Coinbase (NASDAQ:COIN) is making waves in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), pushing for the establishment of clear SEC digital asset rules. The debate centers on how cryptocurrencies are classified and regulated, with Coinbase claiming that the SEC’s current approach leaves the industry in a gray zone.…

Announcing Citrea Testnet Launching on Bitcoin Testnet4

Announcing Citrea Testnet Launching on Bitcoin Testnet4

With Citrea Testnet, Bitcoin starts to scale its original goal: self-sovereign finance. GEORGE TOWN, Cayman Islands, Sept. 24, 2024 /PRNewswire/ — Today, Citrea announces the launch of Citrea Testnet on Bitcoin Testnet4. Citrea Testnet marks a significant step towards using Bitcoin as a settlement layer, setting the stage for a decentralized, self-sovereign financial ecosystem on a…

Bitcoin Dips Below $67K Amid ETF Outflows

Bitcoin Dips Below $67K Amid ETF Outflows

Bitcoin has seen a notable slip below the $67,000 mark, a significant downturn that comes on the back of recent outflows from Bitcoin-related exchange-traded funds (ETFs). This decline in Bitcoin’s value arrives just ahead of an important Federal Reserve meeting and the release of new inflation data, which are anticipated to have substantial impacts on…

BlackRock’s Bitcoin ETF: A Market Game Changer

BlackRock’s Bitcoin ETF: A Market Game Changer

BlackRock Inc. (NYSE:BLK) has made significant waves in the cryptocurrency market with its Bitcoin ETF, which has become the largest of its kind. This development has brought a new level of legitimacy and interest to the cryptocurrency space. The ETF’s success is attributed to a combination of institutional backing, favorable market conditions, and the growing…

Bitcoin Hits $63K Amid Fed Rate Cut

Bitcoin Hits $63K Amid Fed Rate Cut

Bitcoin, the world’s largest cryptocurrency, recently surged past $63,000, marking a significant milestone in its volatile journey. This rally coincides with the Federal Reserve’s announcement of an interest rate cut, aimed at stimulating the economy during uncertain times. The cryptocurrency market has been highly reactive to macroeconomic policies, and this latest move by the Fed…

Ether Stumbles After ETF Nod

Ether Stumbles After ETF Nod

The cryptocurrency market witnessed a significant downturn recently, with Ether stumbling after an ETF nod and Bitcoin sliding below $68,000. Investors are grappling with the volatile nature of digital currencies, leading to widespread uncertainty. Ether, often seen as the second most influential cryptocurrency after Bitcoin, experienced a notable drop following the announcement of an ETF…