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0 CommentsCrypto exchange Bybit announced Monday an opening of its global headquarters in Dubai, while crypto platform Crypto.com said it would establish a regional hub there. These moves drive the UAE drive to become a global center for the crypto sector. “Bybit has received in-principle approval to conduct a full spectrum of virtual assets business in…
Citizen School in Dubai has announced that it will be accepting cryptocurrencies, such as Bitcoin and Ethereum, as payment. The school, which is scheduled to open later in 2022, has become the first in the Middle East to have this option. According to Arabian Business, Citizens School, located in Dubai, will accept tuition payments in…
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. Coinbase has been sending notices to its customers in those countries that the changes will…
The Milkomeda Foundation has announced the launch of C1, a sidechain that is compatible with Ethereum Virtual Machine (EVM) and connected directly to the Cardano blockchain. In response to the rollout of this layer-2 solution, Cardano’s native token (ADA) has rallied more than 32% over the week, outperforming other major altcoins. According to a Monday…
The Bank for International Settlements (BIS) Innovation Hub collaborated with central banks from Australia, Malaysia, Singapore, and South Africa to develop prototypes of two versions for an international settlement platform that uses different central bank digital currencies (CBDCs). According to the executive summary of the report, the project’s first phase was successful in developing functioning…
Crypto.com has signed an agreement with Investopia Summit as the exclusive global crypto trading platform partner. The first edition of the summit will be held on March 28 in the UAE alongside Expo 2020 Dubai. It will become one of the major strategic initiatives under the ‘Projects of the 50’ backed by the UAE Government….
