The UAE’s financial regulator has approved a regulatory framework for trading crypto assets in one of Dubai’s free trading zones. The United Arab Emirates’ Securities and Commodities Authority (SCA) has signed an agreement with the Dubai World Trade Centre Authority (DWTCA) to support regulation of cryptocurrencies within DWTCA’s free zone, Reuters reports. The new initiative…

China’s regulators banned on all crypto transactions and vowed to root out mining of digital assets, hitting Bitcoin and other major coins and pressuring crypto and blockchain-related stocks. According to Reuters, crypto-related transactions will be considered illicit financial activity, including services provided by off-shore exchanges, the People’s Bank of China said on its website. It…

Robinhood is testing a new feature on its app that would enable users to trade and store cryptocurrency in digital wallets, according to Bloomberg. People interested in beta testing the new feature can sign up soon, though the official release won’t come until 2022. Shares in Robinhood Markets, Inc. already jumped nearly 11% after the…