Author: Crypto Insider

The US Securities and Exchange Commission announced on Feb. 20 the formation of a new group to combat cyber misconduct, including fraud involving blockchain and crypto assets. According to a press release, the new group, called the “Cyber and Emerging Technologies Unit,” will focus on protecting retail investors from bad actors in the emerging technologies space. The…

Data from app analytics platform AppsFlyer shows that cryptocurrency applications saw a sharp increase in adoption in the United Arab Emirates in 2024. According to AppsFlyer, downloads of the top 49 crypto apps in the UAE reached 6.2 million in 2023. That jumped to 15 million in 2024, a 41% increase. Most of these downloads…

Coinbase has launched Solana futures contracts on its regulated US derivatives exchange, the cryptocurrency trading platform said on Feb. 19. Regulated by the Commodity Futures Trading Commission (CFTC), Coinbase’s Solana futures contracts aim to hasten SOL institutional adoption and may help pave the way for an eventual SOL exchange-traded fund (ETF) launch in the US….

The Hong Kong Securities and Futures Commission (SFC) has introduced a new roadmap aimed at positioning the city as a global cryptocurrency hub. On Feb. 19, the SEC announced the “ASPIRe” roadmap in hopes of future-proofing Hong Kong’s virtual asset ecosystem. It responds to challenges such as fragmented liquidity, regulatory arbitrage and market volatility while fostering innovation…

Decentralized finance and real-world asset tokenization platform Mantra Finance has received a virtual asset service provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), allowing it to expand operations in the United Arab Emirates and the broader Middle East and North Africa (MENA) region. On Feb. 19, Mantra Finance announced that it secured a…

Tether co-founder Reeve Collins is launching a decentralized stablecoin that will compete with the original dollar-pegged token he helped create, upping the ante in a corner of the cryptocurrency market that has seen intense competition. According to a Feb. 18 Bloomberg report, Collins is now chairing Pi Protocol, a self-proclaimed decentralized project that will launch on…