Popular crypto exchanges FTX and Binance have received new licenses to operate in Dubai and Bahrain. Crypto giants are setting up the stage for a major push in the Middle East. FTX’s European and Middle East affiliate (FTX Europe & MENA) announced Tuesday it had been licensed to establish and operate Virtual Asset Exchange and…

Breaking crypto news from the last week (Mar. 12 – 18, 2022): Mar. 12: Fir Tree Capital Management, a $4 billion New York-based hedge fund, is shorting Tether as the largest stablecoin in crypto faces down scrutiny from regulators and fears over ties to the Chinese debt market. Mar. 13: Art Dubai, held on March…

Fate certainly has a sense of irony. While Russia, Ukraine, and Belarus are engaged in an armed conflict, their citizens have rushed to explore cryptocurrencies. For Ukrainians, it is a way to bring closer the victory, but for citizens of Russia and Belarus, it is a desperate attempt to break away from their severely compromised…