Binance forms its Global Advisory Board of international experts to propel Web3
    25 Sep 2022

    Crypto exchange Binance announced on Sept. 22 the formation of its new Global Advisory Board (GAB), a strategic council of experts to advise Binance on the regulatory, political and social issues faced by the crypto industry. Former US Senator Max Baucus will lead the Board, alongside a former Obama advisor and policy experts from around…

    Kraken CEO Jesse Powell leaves his position at the crypto exchange
    22 Sep 2022

    Jesse Powell, CEO of crypto exchange Kraken, is stepping down. David Ripley, currently serving as Kraken’s COO, will take his place in the coming months. Despite a history of controversial public remarks, Powell has denied that these controversies spurred his stepping down. As Fortune reported, Powell will continue to serve as chairman of the board…

    Saudi Central Bank signals its digital ambitions with a new crypto pro hire
    05 Sep 2022

    Saudi Arabia’s banking regulator appointed Mohsen Al Zahrani to lead its virtual assets and central bank digital currency (CBDC) program, reflecting the Gulf state’s potential crypto ambitions. So far, Saudi Arabia has taken a more cautious approach to virtual assets, with officials raising concerns about their speculative nature. Yet the emergence of the neighboring UAE…

    Citi head of forex reportedly leaves the bank to work in crypto
    25 Aug 2022

    Itay Tuchman, Citi’s global head of foreign exchange, has left the bank after more than two decades. As one of the chief architects of a push into digital assets in the bank, Tuchman is headed for a job in crypto, a source said. The top executive was one of the chief architects of a push…

    UAE businessman sets to launch an Islamic crypto ecosystem Sustain.Exchange
    04 Aug 2022

    Sulaiman Abdul-Karim Mohammed Al-Fahim, a well-known Emirati TV personality and a successful real estate businessman in the UAE, is set to launch Sustain.Exchange – a Shariah-compliant Islamic crypto ecosystem. As UAE ranks among nations that rapidly adopt digital technologies and invest their time and money, it has become possible due to some visionary people like…

    Vitalik Buterin says corporate metaverses will “misfire” while venture capitals piles in
    02 Aug 2022

    Vitalik Buterin, a co-founder of the world’s largest smart contract platform Ethereum, has criticized “existing corporate attempts to intentionally create the metaverse,” in a series of Sunday tweets primarily aimed at Mark Zuckerberg’s Meta Platforms. Facebook’s pivot towards the technology under the Meta Platforms rebranding is destined to “misfire” said Buterin, due to a lack…