The Central Bank of Bahrain (CBB) has granted Binance, the largest global crypto exchange, a Category 4 license to operate as a crypto-asset service provider (CASP). The license allows it to offer a full-suite of crypto exchange services in Bahrain. Meanwhile, Binance will also be aiding Kazakhstan in the creation of a regional blockchain hub….
The Toncoin cryptocurrency was developed independently, but the concept and first drafts got designed by Pavel Durov, the creator of the Telegram messenger. Hence the project’s market niche – it is digital money to pay for services within Telegram. What are Toncoin’s prospects and uses, and does it have a future – let’s find out!…
Food and beverage outlets in the UAE are starting to take payments in cryptocurrencies as the sector takes to cutting-edge tech and smart payments. For now, 6% of UAE consumers are okay with doing so with crypto. But UAE consumers want these businesses to tackle some legacy issues as well, not least having to wait…
Gaming companies are poised to be on the metaverse’s cutting edge, former Nintendo executive Reggie Fils-Aimé predicts. In the metaverse and gaming content is still king, he said. In the last year, the 3D virtual world known as the metaverse has come to the forefront of tech and business discourse. Facebook, for instance, has changed…
The fallen value of the first cryptocurrency and the largest outflow of investors from the crypto market raise new questions. Can BTC become a widely accepted means of payment? Will it retain its role as a store of value? How does the policy of the American financial authorities play into it? And what will happen…
Major venture capital firm Andreessen Horowitz (a16z) has unveiled the largest-ever $4.5 billion crypto fund despite the ongoing downturn in the global financial markets. Focused on crypto and Web3, the new Crypto Fund IV is double the size of its previous fund, launched in 2021. The new fund is double the size of the last…