The International Monetary Fund (IMF) director Tobias Adrian has warned of further selloffs in crypto assets and equities. He also expects crypto to drop even more amid a recession. Tobias Adrian, director of Monetary and Capital Markets for the IMF, warned about further selling pressure in the crypto market and more crypto token failures in…

According to a new report by Boston Consulting Group (BCG), the UAE’s financial wealth will grow from $700 billion currently to $1 trillion during the 2021-2026 period. BCG’s chief believes that UAE is very well positioned to benefit from crypto opportunities, thanks to the crypto-friendly regulatory environment and an emerging regulatory setup. Mustafa Bosca, BCG’s…

The Dubai Blockchain Centre and Chaintech joined efforts to foster long-term blockchain technology research and development for enterprises and governments in the Gulf region, using private blockchains, smart contracts, and tokens. The Dubai Blockchain Centre (DBCC), a training and consulting Blockchain firm in UAE, and Chaintech Labs Ltd (CTL), a blockchain research and development house…