Expert opinion

On Tuesday, The International Monetary Fund (IMF) issued a report on global financial stability, detailing how a spike in crypto trading could disrupt the global financial system and demanding “strengthening macroeconomic policies.” Also, the war in Ukraine is revealing the risks of crypto payment systems, the IMF said. The IMF has published the “Global Financial…

The UAE will see rapid growth in crypto activities, Sandhya D’Mello predicts in Khaleej Times. Meanwhile, the Abu Dhabi Global Market (ADGM) has already 11 fully licensed and approved in-principle virtual asset players in its community. The UAE known to be at forefront of innovation and emerging technologies will witness more global players descend on…

For the near future, financial executives can expect substantial ambiguity surrounding all things DeFi, which they can best confront with an open mind, a level head, and a willingness to roll up their sleeves and get involved, Jorge Camarate, Antoine Khadige, and Vishal Gupta, Senior Associate, from Strategy& wrote on Arabian Business. Financial service companies…

As crypto adoption continues to rise at unprecedented levels, Stephen Stonberg, CEO of cryptocurrency exchange Bittrex Global, sees the growth of the crypto sector as ‘too big to ignore’ for traditional financial institutions. Just regulatory clarity would provide added impetus to it, he suggests. Crypto adoption continues to rise at unprecedented levels, with expanding use…

CryptoCompare tracker data shows that top-tier crypto exchanges hit an all-time high of 96% market share this year as traders sought lower-risk venues amid broader market volatility. Crypto exchanges considered top-tier increased their market share to 96% in February from 89% in August, according to data collected by UK analytics company CryptoCompare. These 78 exchanges,…

Will Dubai, the Middle East’s new crypto oasis, go global, essays Liam Gibson for Wealth of Geeks. Dubai has big ambitions to become a regional and global destination for cryptocurrency. It is well-positioned as the most populous of the United Arab Emirates’ seven emirates and the region’s undisputed travel and trade hub. Located at the…