Robinhood is testing a new feature on its app that would enable users to trade and store cryptocurrency in digital wallets, according to Bloomberg. People interested in beta testing the new feature can sign up soon, though the official release won’t come until 2022. Shares in Robinhood Markets, Inc. already jumped nearly 11% after the…
The Sharjah Research Technology and Innovation Park (SRTIP) issued its third Distributed Ledger Technologies license (DLT) to ZelaaPayAE, which works to advance tokenization, promotes non-fungible tokens (NFTs), and develops payments infrastructures and various blockchain applications. ZelaaPayAE CEO, Mr. Sahil Arora said in a press release: “We chose to set up at SRTIP because of their…
A forum of some of the largest U.S. and European banks, including JPMorgan Chase and Deutsche Bank, has urged modifications to the rules proposed by the world’s central banks and regulators for capital requirements on Bitcoin exposure. Banking bosses from the largest financial institutions in the U.S. and Europe have voiced their opposition to the…
Internet Computer blockchain developed by Dfinity Foundation is bringing smart-contract capabilities to the Bitcoin (BTC) network, potentially opening the door to new use cases for the world’s biggest cryptocurrency. Following the trailblazing successes of Ethereum and more recently Cardano, Dfinity is looking to plug its upgraded mainstream network link known as ‘chain key cryptography’ into…
Emerging Crypto market in Middle East and Africa is getting ready to meet at the largest cryptocurrency event on 13-14 October 2021 at Conrad Dubai. Two day premier crypto event announced in Dubai with huge expectation among the Crypto Enthusiast in the Region, will host a potential conference that set a valuable insights in the…
If you’re looking to buy cryptocurrency in the UAE – there are dozens of online platforms to choose from, writes Kane Pepi on Economy Watch. The best brokers in this space allow you to buy and sell hundreds of digital assets, support AED deposits, and most importantly – are safe and secure. In this guide,…
After a sweeping ban on the use of cryptocurrencies this April, Turkish President Recep Erdogan is aiming to assert financial control ahead of launching the digital Lira. Although the central bank is not opposed to using digital currency, Erdogan believes the digital Lira faces conflict with cryptocurrencies. During a national youth meeting with representatives from…
The sudden drop in cryptocurrency prices and the overall market drawdown certainly demand an explanation. And while many analysts were quick to link the events with what’s happening in China, we may also be able to suggest some alternative reasons. On September 20, Bitcoin’s updated monthly low fell below $ 42,500. In just a day,…
Amid a cryptocurrencies price explosion in 2021, European Central Bank (ECB) president Christine Lagarde argued cryptocurrencies aren’t currencies, which should be treated as “highly speculative” and “suspicious.” Speaking on a Bloomberg podcast, Lagarde said: “I think we have to distinguish between cryptos that are those highly speculative, suspicious occasionally, and high intensity in terms of…
Decentralized finance (DeFi) has become a billion-dollar crypto industry, causing a wave of global disruption in financial markets. The benefits of this open, flexible, fast, and transparent ecosystem is describing by Dr. Donald Basile, the CEO of Roman DBDR and Monsoon Blockchain Corporation. Born by the evolution of the crypto space, the DeFi movement is…