2022-9-14 14:04 |
The FSRA is taking a pro-market stance but pledges to comply with international safety standards.
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The price of Bitcoin took a nose dive on Saturday following reports of Iran launching missile and drone attacks on Israel. Alongside the market leader, many other prominent cryptocurrencies also experienced a significant selloff as news of a brewing international conflict in the Middle East circulated on the internet.
The license is pending operational approval and allows Crypto.com’s Dubai entity to offer exchange, broker-dealer, and lending and borrowing services.
Saudi Arabia’s forthcoming regional development project, NEOM, has partnered with Animoca Brands to push Web3 in the region and a potential $50 million investment deal.
The International Monetary Fund (IMF) has called for financial reforms, particularly in the crypto industry. But the recent Israel-Hamas conflict threatens the global economy.
Binance announced the suspension of its crypto debit card services in Latin America and the Middle East starting Aug. 25. Crypto debit cards allow users to make purchases using their crypto. Binance Card enabled its users to cover daily expenses…
The cryptocurrency exchange said the card service will terminate Sept. 21.
Gemini’s move is another sign of exchanges seeking alternatives to the American market as regulatory uncertainty takes its toll.