Three Arrows Capital, a crypto hedge fund, moves its headquarters from Singapore to Dubai as the UAE is gradually replacing Singapore as a crypto mecca. Bybit, Binance, Kraken, and FTX are setting up offices in the UAE as crypto migrates from traditional far eastern financial centers. Lately, the UAE continues to market itself as a…
Panama’s National Assembly passed a bill to regulate the use and commercialization of crypto assets in the country. The bill will also make it possible for people to pay their taxes in crypto. Now, it only needs to be signed by President Laurentino Cortizo to become law. The bill, which was approved in the assembly…
CCTF, the largest hacker competition for blockchain hackers, is returning to Dubai in May, the UAE is emerging as a regional hub for crypto activities. The finalists of the CCTF, which purports to be the world’s largest “legal” crypto hacking competition, will compete on a yacht in the Emirati city for a $15,000 prize. The…
Goldman Sachs offered its first-ever lending facility backed by Bitcoin, a significant step for a major U.S. bank that shows an increased interest in crypto from traditional financial institutions. It allows crypto owners to receive fiat by using their crypto assets as collateral, which is the first case for Wall Street banks. According to Bloomberg,…
Central African Republic has adopted Bitcoin as an official currency, President Touadera said on Wednesday, becoming the first country in Africa and only the second in the world to do so. He also said the African nation is moving forward with broad crypto adoption plans. The President of the Central African Republic (CAR), Faustin Archange…
MetaMask partners with MoonPay to make crypto purchases easier. Users now can buy cryptocurrency directly from their MetaMask wallet using all major payment methods. In addition to existing partners Transak and Wyre, MoonPay has been selected to be one of the partners to help spread MetaMask on-ramps to a wider audience. MoonPay, an easy-to-use method…