The Securities Commission of the Bahamas has been holding on to more than $3.5 billion worth of FTX customer assets since Nov. 12, according to a statement from the regulator released late on Dec. 29. Customer assets were drained from FTX due to a security breach after the crypto exchange filed for bankruptcy protection on…

German car manufacturer BMW will be rolling out blockchain technology for its day-to-day operations and loyalty programs, with the initial roll of the product to customers in Thailand. Coinweb, the contractor, will utilize multiple blockchains, with the BNB chain as the anchor chain. BMW will integrate decentralized tech in two phases – first, in its…

Top crypto news from the Middle East region over the last week (Dec. 24–30, 2022): Abu Dhabi backs tech in aim to become global business hub Abu Dhabi Finance Week showcased the ambitions of the capital city of the United Arab Emirates to become a global business hub. Having previously run as a conference dedicated…