Blockchain payment provider Ripple received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE). The company announced on March 13 that it had secured its DFSA license, allowing it to operate in the Dubai International Financial Center (DIFC), a UAE free-economic zone…
Abu Dhabi-based investment firm MGX has invested $2 billion in cryptocurrency exchange Binance, potentially marking one of the biggest funding deals in the industry’s history. In a March 12 announcement, Binance said the transaction was the first institutional investment in the cryptocurrency exchange. Once finalized, the deal will be funded entirely through stablecoins. Binance declined Cointelegraph’s…
A quick history of Trump’s statements and policies on crypto Donald Trump’s stance on cryptocurrency has shifted significantly over time. From 2019 to 2021, Trump expressed skepticism toward Bitcoin, calling it volatile and a threat to the US dollar, but by 2024, he reversed his stance, pledging support for crypto, proposing a US Strategic Bitcoin…
goodcryptoX introduces onchain DCA trading to DEXs with a new automated trading bot, bringing advanced CEX-like strategies to DeFi without compromising security. Decentralized exchanges (DEXs) with automated market makers (AMMs) have historically provided just one core feature: coin swaps. As a result of the necessity to sign each transaction individually, these DEXs operated much like…
Real-world asset (RWA) tokenization is a rising use case of blockchain technology, influencing both traditional finance (TradFi) and its decentralized counterpart — DeFi. Tokenizing traditional assets can unlock undiscovered business potential, enhance liquidity and accessibility and serve as the nexus between the two iterations of finance. According to industry trackers, the total value of tokenized…
Banco Bilbao Vizcaya Argentaria (BBVA) announced on March 10 that it had received the nod from Spain’s securities regulator, the Comisión Nacional del Mercado de Valores (CNMV), to offer Bitcoin and Ether trading services to its customers. Spain’s second-largest bank’s crypto offerings in Spain will enable users to buy, sell and manage digital assets through…