Cryptocurrency investment products continued receiving healthy inflows last week, attracting $882 million as global crypto funds approached all-time high asset levels. Global crypto exchange-traded products (ETPs) recorded $6.3 billion of inflows in the past four weeks, accounting for 93% of total inflows year-to-date (YTD), according to data from European crypto investment firm CoinShares. Total YTD inflows…

The spring got a lively start for the crypto space with the return of a long-awaited event, Token 2049 Dubai. Taking place on April 30 – May 1, the event gathered together prominent industry players and attracted thousands of visitors, turning the emirate into a vivacious Web3 hub. As a platinum sponsor of the event,…

The government of Dubai has signed an agreement with crypto exchange Crypto.com to launch crypto payments for government services. The agreement, formalized during the Dubai fintech Summit on May 12, is part of Dubai’s cashless strategy, which hopes to foster the city’s transition to “a fully digital, cashless society,” by introducing “a new digital payment…