Haram? Kuwait Bans Cryptocurrencies
Kuwait has become the latest country to put a blanket ban on all cryptocurrency-related activities, citing a crackdown on money laundering and terror financing. According...
Societe Generale Obtains the First Crypto License in France
The French financial services giant, Societe Generale has been awarded a license to offer cryptocurrency services in France, becoming the first company to receive this...
G20 ‘Welcomes’ Financial Stability Board’s Call for Tougher Crypto Rules
The intergovernmental forum, Group of Twenty (G20) welcomes the call made by the Financial Stability Board (FSB) for tougher rules to guide the global cryptocurrency...
The Emergence of Tokenization: From Real Estate to Intellectual Property
Tokenization, the process of converting physical assets into digital tokens, is changing how we perceive and interact with traditional assets. Tokenization, which was popularized by...
UK Govt. Rejects Lawmakers’ Push to Regulate Crypto Trading as Gambling
The UK Government has opposed the call by a panel of cross-party British lawmakers to regulate ‘unbacked’ crypto assets such as Bitcoin and Ether as...
Thodex Founder Sentenced to Turkish Prison over Failure to Tender Tax Documents
Faruk Fatih Özer, the fugitive Founder of the defunct Turkish cryptocurrency exchange, Thodex who was extradited to Turkey earlier in April, has been sentenced to...
Bitget Joins ByBit and OKX in Newest Dubai Crypto Push, Opens Local Office
The Middle East openly expresses its desire to become a new cryptocurrency hub. Leading the way are crypto-friendly nations like the United Arab Emirates (UAE)...
Crypto Mining: Environmental Concerns and the Quest for Sustainable Solutions
In recent years, cryptocurrency mining, or the process of confirming transactions and adding them to the blockchain, has received a lot of attention. While it...
SEC’s Gary Gensler: ‘AI May Heighten Financial Fragility’
Artificial intelligence (AI) may play a key role in a future financial crisis, Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC)...
Nasdaq Shelves Crypto Custody Plan, Cites ‘Shifting Reg Environment’ in US
The American stock exchange operator, Nasdaq, has abandoned its plan to expand its digital asset offering by introducing cryptocurrency custody services to institutional investors. The...