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Just over 11% of United Arab Emirates (UAE) residents have invested in cryptocurrencies, a report issued by the country’s Telecommunications and Digital Government Regulatory Authority (TDRA) has reportedly said. Globally, the United Arab Emirates is now ranked tenth in terms of cryptocurrency investment rate. UAE’s Mission to Become a Global Crypto Hub According to a … Read more
A House committee has sent letters to four U.S. federal agencies and five cryptocurrency exchanges asking for information about what they are doing to combat cryptocurrency fraud and scams. Congress Questions Regulators and Crypto Exchanges The House Committee on Oversight and Reform sent letters to four U.S. federal agencies and five crypto exchanges on Tuesday … Read more
The addition of Jill Sommers followed former CFTC commissioner Mark Wetjen becoming FTX US’ head of policy and regulatory strategy in November 2021. Go to Source Powered by WPeMatico
South Korea’s ‘Blockchain’ city of Busan continues to establish partnerships to foster the growth of the cryptocurrency industry. Go to Source Powered by WPeMatico
“We are not planning to acquire Huobi,” said Sam Bankman-Fried, who manages assets at Alameda Research and leads crypto exchange FTX. Go to Source Powered by WPeMatico
FTX made an error in messaging when it suggested depositors were insured, but federal regulators will have a hard time proving the exchange did so with sinister motives. Go to Source Powered by WPeMatico
XRP risks declining further in the coming weeks despite its eye-grabbing intraday price moves. Go to Source Powered by WPeMatico
Alameda’s investment arm, FTX Ventures, and crypto exchange FTX will reportedly continue to operate independently from each other. Go to Source Powered by WPeMatico
BNB token holds a $50 billion market cap and has rallied 66% since the crypto market crashed, but what is behind the altcoin’s tremendous recovery? Go to Source Powered by WPeMatico
According to reports on social media, a number of users have complained that FTX has blocked a transaction that was associated with the Aztec Network’s zkmoney privacy technology. Following the accusations, FTX CEO Sam Bankman-Fried explained that transactions are monitored for AML compliance but it “does not mean any accounts were frozen.” Journalist Wu Blockchain … Read more