Dubai releases crypto regulations for virtual asset service providers
    08 Feb 2023
    230 Views

    The laws apply to market participants within the Emirate of Dubai, with the exception of those under the Dubai International Financial Centre. The Virtual Asset Regulatory Authority (VARA), the regulator in charge of overseeing cryptocurrency laws within Dubai, has issued new guidelines for virtual asset service providers (VASPs) operating within the emirate. According to Irina Heaver, a…

    DeFi’s Next Big Thing: Liquid Staking Derivatives
    08 Feb 2023
    192 Views

    More and more DeFi Protocols have begun supporting LSDs to offer a more flexible way to stake and earn. The popularity of liquid staking derivatives (LSDs) has increased significantly in recent months resulting in a surge in cash flow in DeFi. LSDs are a relatively new type of token that enables stakers to augment potential…

    SEC to up scrutiny of firms offering or giving advice about crypto
    08 Feb 2023
    144 Views

    Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC. Crypto brokers and investment advisors offering or giving advice about cryptocurrencies will be put under the scope of the United States’ securities watchdog this year. A Feb. 7 statement from the Securities and Exchange…

    The history and evolution of the fintech industry
    08 Feb 2023
    223 Views

    The fintech industry has evolved from early adopters using technology to automate financial services to a comprehensive revolution of the financial sector. The financial technology (fintech) industry has its roots in the late 20th century, with the advent of electronic banking and online stock trading. Since then, fintech has expanded and changed over time as…