US Crypto Policy Under Trump Unlikely to Slow UAE Momentum, Says DRIFE Co-Founder
A co-founder of blockchain-based ride hailing believes the United Arab Emirates (UAE)’s crypto momentum won’t be significantly impacted by a new Donald Trump administration. Co-Founder Says ‘UAE Is Not Just a Fallback Option’ A new Donald Trump administration may create a more favorable crypto environment, but Firdosh Sheikh, co-founder of DRIFE, doubts any U.S. policy […]
Bybit bags provisional crypto license from Dubai regulator
The Virtual Asset Regulatory Authority (VARA) has granted Bybit a non-operational license to serve retail and institutional crypto investors in Dubai.This post was originally published on this site
Web3 Innovator: UK Crypto Community Sees Brighter Future Under Labour Government
The UK’s crypto community has a reason for optimism with the new Labour government, according to Harry Horsfall. Backed by a large parliamentary majority, the Labour government is seen as potentially more decisive in pushing policies favourable to the Web3 industry. Horsfall, CEO of Flight3, which will host the Zebu Live Conference in October, also […]
Hawaii emerging as crypto hub following new crypto regulations
The Aloha state’s new regulations already attracted some notable Web3 firms, including Coinbase, Metamask, Transak, BitPay and Trust Wallet.This post was originally published on this site
Experts: Crypto In Early Stages of Growth Despite Rising Adoption
The crypto industry is still in its early stages of growth, despite a significant increase in adoption rates. Experts believe that the sector’s future depends on factors like regulatory developments and market stability. Singapore has emerged as a leading crypto hub due to its favorable regulatory environment and government support, partly driven by China’s crackdown […]
Hong Kong shows off crypto, Web3 prowess in Toronto
Canadian crypto and Web3 startups could benefit from “lower taxes” and regulations that cater to “pre-commercial specialist technology companies,” said a Toronto ETO official.This post was originally published on this site
Crypto options desk QCP Capital wins Abu Dhabi license: Report
The in-principle approval enables QCP Capital to offer regulated digital asset activities in the region.This post was originally published on this site
Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says
Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms. Crypto Hub Hong Kong Has No Intentions to Adopt ‘Light-Touch’ Regulations Hong […]
Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services
ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry. ZA Bank to Provide Services to Crypto Exchanges Licensed in Hong Kong Hong Kong’s first […]
Hong Kong’s crypto rules set a high bar for ‘good reason,’ says SFC advisor
Lucy Gazmararian, an advisory board member to Hong Kong’s securities regulator said its crypto rules may present short-term challenges to crypto startups.This post was originally published on this site