Global crypto study: One-third of Emiratis own cryptocurrency

    According to the new Gemini study, one-third of Emiratis and Israelis own crypto. Meanwhile, globally crypto ownership is the highest in Brazil and Indonesia. Also, nearly 40% of global respondents first bought cryptocurrency last year. New York-based crypto exchange Gemini published the “Global state of crypto” report following what it said was a pivotal year…

    Binance is hiring over 100 positions in the UAE

    Binance, the largest crypto exchange by trading volume, is recruiting over 100 positions in the UAE and is helping to shape Dubai’s new virtual assets’ regulations, its MENA regional head said. As Reuters reported, Binance’s activity in the Gulf state has boosted in recent months as the UAE tries to style itself as the world’s…

    Qatar Central Bank explores CBDC and digitized payments

    The Qatar Central Bank (QCB) is currently exploring a central bank digital currency (CBDC) and digital bank licensing, a top official said. The Middle Eastern nation is also weighing issuing licenses for digital banks as it seeks to digitize payments. The Qatar Central Bank intends to soon reveal its direction on CBDCs, Alanood Abdullah Al…

    How effective is Bitcoin as a hedge against inflation?

    How effective is Bitcoin as a hedge against inflation? Dilip Kumar Patairya on Cointelegraph studied what inflation is and how useful Bitcoin and the other means are to deflate it. Why do you need a hedge against inflation? How effective is Bitcoin as a hedge against inflation? Let us first understand what inflation is and…

    OpenSea to support credit card payments for NFTs following Solana integration

    Buyers on OpenSea, the world’s leading NFT marketplace, can soon pay for non-fungible tokens without having cryptocurrency – with a credit card, debit card, Google Pay or Apple Pay. This move, which could bring in more newcomers to the NFT space, followed after the announcement of Solana NFT integration. The move comes through a partnership…

    Crypto Trends Weekly Mar. 26 – Apr. 1

    Breaking crypto news from the last week (Mar. 26 – Apr. 1, 2022): Mar. 26: Starting in early April, crypto exchange Coinbase Global will require its customers in Canada, Japan and Singapore who send cryptocurrency to non-Coinbase wallets to provide the name, address and, in the case of Japan, the destination wallet of the recipient….