Crypto-news

While the world’s largest economies are gearing up for the CBDC race we recently wrote about, smaller countries are looking to integrate “traditional” cryptocurrencies into their financial systems. The alternative, they realise, is quickly losing their fiscal independence in the new economic reality. According to experts of the world’s largest investment company BlackRock, we are…

Alchemy Pay, a crypto payment provider, partnered with GrePay, a global acquirer and payments provider, to expand its services to global markets, including the UAE, India, Pakistan, Mexico, Brazil, Chile, and Colombia. With over 100 local payment channels, GrePay processes over 200,000 transactions per day. Using these channels, Alchemy Pay aims to connect crypto service…

Cypher Capital, a Dubai-based venture capital company, is launching a $100 million seed fund aimed at investing in crypto and digital assets. It plans to invest 40% of its funds in the emerging blockchain and crypto startups in India. The fund, financed by the company’s founder, Bijan Alizadeh, will also invest in decentralized finance platforms,…

The rapid transformation of global finance resulting from the war in Eastern Europe will spur the development of central bank digital currencies – CBDC – in the months to come. We have already written several times about how the war has drastically accelerated the mass adoption of cryptocurrencies. But no state wants to lose control…

The crypto exchange Crypto.com has agreed a sponsorship deal with FIFA for the Qatar World Cup, being held this year in Qatar. The Singapore-based company will be the exclusive cryptocurrency trading platform for the famed sports event, which runs from November 21 to December 18. The crypto exchange Crypto.com will be an official sponsor of…

The Financial Services Regulatory Authority of Abu Dhabi Global Market has issued a consultation paper regarding NFT rules. The paper proposed significant enhancements to the regulatory framework. As NFTs go mainstream, ADGM may soon give license operators the right to legally trade NFTs. An assessment paper captioned “proposals for enhancements to capital markets and virtual…