Сrypto exchange Bybit announced the launch of leveraged token products on its spot exchange, starting with two Bitcoin leveraged tokens, BTC3L and BTC3S. These leveraged tokens are short-term investment products that let traders reap the benefits of leverage with no margin, collateral or liquidation risks. They have no margin requirement, offering traders a diversified product…

Breaking crypto news from the last week (Apr. 2 – 8, 2022): Apr. 2: Binance, the largest crypto exchange by trading volume, is recruiting over 100 positions in the UAE and is helping to shape Dubai’s new virtual assets’ regulations, its MENA regional head said. Binance’s activity in the Gulf state has boosted in recent…

In the UAE, cryptocurrencies have rapidly been gaining appeal among younger demographics. Latest surveys show over 54% of residents aged between 18 and 35 years are expressing increased openness towards crypto. Many latest surveys show that young adults are among those in the UAE who are most likely to invest in cryptocurrencies in the near…