Binance, crypto firms optimistic about UAE amid potential US regulatory shift
Ghaf Capital managing partner Feras Al Sadek argued that the UAE’s “regulation by education” sets it apart from other jurisdictions. Go to Source
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Coinbase introduces spot crypto trading for institutional investors outside US
Institutional clients on the Coinbase International Exchange will be able to trade Bitcoin and Ether against USD Coin starting on Dec. 14. Go to Source
Dubai regulator grants crypto license to Bahrain’s CoinMENA
The permit allows CoinMENA to provide retail and institutional customers in the United Arab Emirates with the ability to deposit and withdraw in UAE dirhams. Go to Source
Animoca Brands to focus on creator economy, interoperability in 2024
CEO Robbie Yung said that while Animoca does not employ a specific allocation strategy nor an investment target, it will continue supporting new Web3 businesses and its portfolio companies. Go to Source
Binance says decision to pull Abu Dhabi licensing bid unrelated to US settlement
Former Binance CEO Changpeng Zhao, who pleaded guilty to one felony count in the United States in November, may not be able to return to the UAE before being sentenced. Go to Source
US crypto firms spent more on lobbying in 2023 than before FTX collapse: Report
Government transparency group Open Secrets reported U.S. crypto firms spent roughly $19 million on lobbying from January to September 2023. Go to Source
Binance VIP traders got sneak peak of US settlement: Report
At an exclusive dinner in Singapore, certain Binance executives reportedly told traders about the pending settlement with U.S. officials, allowing the exchange to stay in business. Go to Source
KuCoin pledges $20K grant to TON Foundation for ecosystem development
The funding will support TON ecosystem projects, research and development efforts, community-building and marketing activities. Go to Source
Bitcoin ETFs, user experience will drive adoption — eToro CEO
Yoni Assia told Cointelegraph that products like Bitcoin ETFs align with institutions’ existing modes of operation, making it easier for them to enter the market. Go to Source
Bitcoin for Christmas: MicroStrategy buys another $600M
The firm reported it held 174,530 Bitcoin as of Nov. 29 — worth roughly $6.6 billion at a price of $37,726. Go to Source
