Opinion by: Mike Haley, CEO of Cifas While the crypto industry is revolutionizing the world of finance, there’s an underlying reality bubbling beneath the surface. Hitting record levels, cryptocurrency scams reportedly accounted for $9.9 billion in 2024 — with 2025’s forecast making for even bleaker reading. Whether in the form of “old wine in new bottles” frauds…
Ethereum co-founder Vitalik Buterin threw his support behind Ether treasury companies, but warned that the trend could spiral into an “overleveraged game” if not handled responsibly. In an interview with the Bankless podcast released on Thursday, Buterin said the growing number of public companies buying and holding Ether was valuable because it exposes the token to a…
The United Arab Emirates (UAE) took a significant step toward harmonizing its approach to crypto regulation. The country’s Securities and Commodities Authority (SCA) and the Dubai Virtual Assets Regulatory Authority (VARA) announced a strategic partnership to unify the UAE’s approach to crypto regulations. Last September, the regulators expressed their intention to work together toward unifying crypto frameworks…