Search Results for: crypto adoption

DIFC Champions Dubai as a Global Crypto Hub with Approval of XRP Under its Virtual Assets Regime

Licensed Firms Can Now Incorporate XRP Into Their Virtual Asset Services DUBAI, UAE–(BUSINESS WIRE)–Ripple, the leader in enterprise blockchain and crypto solutions, today announced that the Dubai Financial Services Authority (DFSA) has approved the digital asset XRP for use within the Dubai International Financial Centre (DIFC). Licensed virtual asset firms

November 2, 2023 3 mins read

Bulls Drive Cardano (ADA) Price as Crypto Market Rebounds

There is a direct correlation between the ecosystem’s total value locked (TVL) and the current spike in Cardano prices. According to the latest figures from DefiLlama, Cardano’s TVL has risen by 28.14% over the previous two weeks, to $210 million. $97.88 million of this TVL comes from the two major

November 2, 2023 1 min read

Turkey Taps Specialist for Central Bank's Crypto Policy Committee

Turkey on the Brink of Exiting FATF’s ‘Grey List’ via Crypto Legislation

Finance Minister Mehmet Simsek told Turkey’s planning and budget committee late Tuesday that the country is in the “final stage” of introducing crypto legislation to its parliament, the last step necessary for it to be removed off the Financial Action Task Force’s (FATF) “grey list.” The “grey list” compiled by

November 1, 2023 1 min read

KuCoin’s Survey Report Reveals Insights into UAE’s Role as a Crypto Hub, With 72% Preference in Bitcoin Investment

VICTORIA, Seychelles–(BUSINESS WIRE)–#blockchain–KuCoin is pleased to present the latest survey report “Into The Cryptoverse: Understanding Crypto Users in the UAE“, the 17th edition of the report series, offering essential insights into the UAE crypto market. This comprehensive report is based on feedback from 597 crypto investors in the UAE, highlighting

October 31, 2023 3 mins read

Crackdowns expose global crypto scams in Vietnam and Hong Kong

2023 Is One of the Toughest Crypto Years. Here’s Why!

Cryptocurrency adoption has been on the rise recently, but it comes with a dark side as hacks and scams are also growing. The years 2022 and 2023 have been particularly damaging for the crypto world. In 2023, hackers managed to steal $1 billion, a 60% decrease compared to the previous

October 30, 2023 2 mins read

Aquanow Adds Derek To to Strengthen Leadership Team and Drive Future of Crypto Businesses in Asia-Pacific

Seasoned finance executive Derek To joins Aquanow as Head of Asia-Pacific (APAC) To will shape Aquanow’s technology, vision and strategy with respect to work in APAC, where there is significant positivity for cryptocurrencies His addition comes as Hong Kong looks to establish itself as a global cryptocurrency hub and Aquanow

October 26, 2023 3 mins read

Join TheNewsCrypto at the Cardano Summit 2023 in Dubai!

The Cardano Summit returns for the 3rd year in a row—and TheNewsCrypto is pleased to announce that it will be in the heart of the action as a Summit 2023 media partner. Taking place at the Grand Hyatt in Dubai from 2 November to 4 November, Cardano Summit 2023 will

October 21, 2023 4 mins read

Kaspa (KAS) Could Enter Top 6 Crypto List: Analyst

A new blockchain project called Kaspa aims to solve scalability issues holding back wider blockchain adoption. The future of blockchain scalability may lie with a new project called Kaspa and its BlockDAG technology, according to Travladd Crypto, co-founder of crypto investment firm King Finance. In a recent tweet, Travladd outlined

October 19, 2023 1 min read

European Union Embraces New Crypto Regulations for Tax Reporting

The crypto community witnessed the official adoption by European Union finance ministers of new guidelines allowing for the sharing of information between tax agencies about individuals’ crypto holdings. The paper will be published in the Official Journal of the European Union and will become effective 20 days later. EU member

October 18, 2023 2 mins read

UK Emerges as Top Crypto Economy in Europe, Third Largest Globally: Report

The United Kingdom has become a major global crypto hub, ranking as the largest cryptocurrency economy in Central, Northern, and Western Europe (CNWE), according to new research from Chainalysis. Chainalysis’ 2023 Geography of Cryptocurrency report found that the U.K. was the third biggest crypto economy worldwide over the past year

October 18, 2023 1 min read