City Dubai Financial News

26.05 / 15:17

Adoption Europe Gemini Legal Today in Crypto: Gemini Chooses Ireland for European Headquarters, Coinone Exec Admits to Bribe-for-Listing Charges, Chinese's City Reveals Metaverse Policy Draft to Attract Companies

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

25.05 / 16:23

Ripple XRP BitStamp Ripple Purchases Bitstamp Shares as it Ponders Further M&A

US fintech firm Ripple has bought shares in the European crypto exchange Bitstamp, taking another step on its journey to expand internationally.

23.05 / 17:11

UPS Provident Lowe's Ripple XRP CEO expansion reserves XRP Price Prediction as Ripple CEO Announces Plan to Utilize $1 Billion Cash Reserves for Company Expansion

XRP, the cryptocurrency issued by US fintech firm Ripple, could see massive price gains if CEO Brad Garlinghouse’s plan to spend $1 billion on acquisitions proves successful.

20.05 / 11:49

Blockchain NFT Bankrupt crypto Bankrupt crypto hedge fund 3AC’s NFT auction fetches $2.5M

The auction for parts of bankrupt Singaporean cryptocurrency hedge fund Three Arrows Capital’s (3AC) nonfungible tokens (NFT) collection fetched $2.5 million at its conclusion on May 19.

18.05 / 18:31

Adoption open Whampoa Group Private Family Office to Open Digital Bank in Bahrain – Here's the Latest

Singapore-based investment firm Whampoa Group aims to open a digital bank in Bahrain to offer payment and settlement services for crypto firms.

17.05 / 17:11

Citi Digital CEO coinbase RIG Marathon Marathon Digital and Zero Two Partner for Abu Dhabi Bitcoin-Mining Facility

Marathon Digital Holdings and Zero Two have announced a partnership to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi. The joint venture, called the Abu Dhabi Global Markets JV Entity, will be based in Mina Zayed and Masdar City in the United Arab Emirates, and will comprise two mining sites with a combined 250-megawatt capacity. Marathon and Zero Two plan to power the facilities with excess energy from Abu Dhabi’s grid, claiming it will increase its base load and sustainability.

17.05 / 13:07

Blockchain UPS Blockchain Life 2023 in Dubai: Crypto Whales meeting point

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

17.05 / 08:41

Blockchain Global Blockchain Congress – European Edition by Agora Group on July 24th & 25th in London, the UK.

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

15.05 / 00:49

UPS Digital Ripple SEC CEO Action coinbase Agency Crypto Companies Crypto companies are playing poker with the SEC as agency cracks down on the industry

Cryptocurrency companies are playing a game of poker with the Securities and Exchange Commission, making bold threats to leave the U.S. as the regulator steps up pressure on the industry to toe the line.

13.05 / 14:59

business Blockchain Ripple Microsoft goldman sachs DAO Arbitrum network Blockchain Network Crypto Biz: Ripple’s expensive battle, Bittrex bankruptcy and a new blockchain network

A million-dollar question in crypto might be whether tokens can be considered securities in the United States, with some crypto companies staking a lot of money on it.

12.05 / 16:33

CFTC regulation SEC US regulators Crypto Leaders Turn to the UAE As Frustration Grows With US Regulators

Some cryptocurrency leaders are turning to the United Arab Emirates as others are showing irritation with US regulators.

12.05 / 14:13

business regulation UAE infrastructure for crypto is more ‘business-friendly’ than the US, says exec

At the recent Dubai Fintech Summit event, Saqr Ereiqat, the co-founder of venture-building firm Crypto Oasis, spoke about the United Arab Emirates' infrastructures and how they can be “ideal” for crypto businesses.

11.05 / 23:33

Twitter defi Investments Web3 Tokens cryptocurrency investment Pepe would be ashamed by PEPE investors

Death threats, viral rap videos and a stream of frog-themed insults. That’s the state of my social media profiles after hosting a Twitter Space on May 8 about PEPE, the new token based on the “Pepe” meme.

09.05 / 22:07

business Mining Middle east Marathon Marathon Digital announces immersion crypto mining operations in Abu Dhabi

Crypto mining firm Marathon Digital Holdings announced it has partnered with digital assets infrastructure company Zero Two to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi.

08.05 / 18:43

Blockchain Provident Target CEO coinbase expansion Coinbase Targets UAE as Strategic Hub for Cryptoeconomy Expansion; Executives Attend Dubai Fintech Summit

Major US-based crypto exchange Coinbase has praised the United Arab Emirates (UAE), saying the region has the potential to become a “strategic hub” for the company.

08.05 / 15:53

business coinbase Middle east International Coinbase execs visit UAE to test potential of 'strategic hub' for international operations

Following United States-based crypto exchange Coinbase announcing the launch of its global derivatives platform, key executives at the firm are meeting with industry leaders and policymakers in the United Arab Emirates.

08.05 / 11:13

business Ripple regulation SEC U.S. Defending against SEC to cost Ripple $200M, CEO Brad Garlinghouse says

Ripple has spent $200 million defending the case brought against it by the United States Securities Exchange Commission (SEC), according to CEO Brad Garlinghouse.

05.05 / 14:31

Twitter FIVE Digital Man Citizens Terra Luna Luna fugitive 'Fugitive' Do Kwon, wanted over $40 billion Terra Luna crypto crash, arrested in Montenegro

Police in Montenegro have arrested Terraform Labs founder Do Kwon, who is wanted in South Korea in connection with a $40 billion (€37 billion) crash of the firm’s cryptocurrency that devastated retail investors around the world, the country’s interior minister said on Thursday.

03.05 / 09:55

Three Arrows Capital OPNX Three Arrows Capital Founders Face Dubai Regulator's Scrutiny Over New Unregulated Exchange OPNX

Dubai regulators are scrutinizing the co-founders of now-defunct crypto hedge fund Three Arrows Capital over their new unregulated digital asset exchange, OPNX.

02.05 / 15:45

ETF privacy coinbase Legal UK information settlement Today in Crypto: Poloniex to Pay $7.6M in Settlement with US Authority, Complaint Alleges Coinbase Violated Illinois' Biometric Information Privacy Act, 3AC-founders’ OPNX Reprimanded by Dubai Regulator

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

02.05 / 11:45

regulation hedge fund 3AC founders run into fresh trouble in Dubai over new exchange OPNX

The co-founders of failed crypto hedge fund Three Arrows Capital (3AC) — Su Zhu and Kyle Davies — have run into fresh trouble over operating and promoting their new digital-asset platform, Open Exchange or OPNX, without the required local license in Dubai.

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