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Dubai
UAE Plans to Issue a CBDC to Promote Digital Payments
The deployment of a digital dirham is one of nine key initiatives of the UAE's new Financial Infrastructure Transformation Program.
Dubai Prohibits Privacy Coins Like Monero Under New Crypto Rules
The issuance of anonymity-enhancing crypto are banned under the Emirate's new regulations for digital assets.
Dubai Mandates Licensing for Crypto Companies as It Sets Out Regulatory Requirements
A new set of rulebooks from the Virtual Assets Regulatory Authority lays out requirements for crypto firms covering everything from issuance and exchange services to advertising.
Crypto Options Exchange Deribit Plans Move to Dubai: Report
Amid its larger global expansion, the Panama-based exchange is eyeing the emirate.
Do Kwon Reportedly in Serbia; Future of FTX’s Political Donations
U.S. prosecutors are considering criminal charges against crypto exchange Binance and individual executives, including founder and CEO Changpeng Zhao, Reuters reports. Do Kwon, wanted internationally in connection with Terra's collapse, has moved to Serbia through Dubai, according to CoinDesk Korea. And Bloomberg reports that at least $73 million of political donations tied to Sam Bankman-Fried’s FTX may be at risk of being clawed back.
Bybit to Lay Off 30% of Staff Amid Crypto Winter
The exchange is trying to "refocus" amid a "deepening bear market," its CEO said on Twitter.
Dubai Presses for Crypto Companies to Set Up Shop
Crypto firms say the city’s Virtual Assets Regulatory Authority has promised a regulatory framework before the end of the year.
Goldman Still Sees Strong USD; Bitcoin Miners Downgraded Amid Bear Market Woes
A Goldman Sachs strategist wrote a peak in the U.S. dollar "feels several quarters away," which could be bad news for bitcoin (BTC). Bitcoin miners Core Scientific (CORZ) and Argo Blockchain (ARBK) were downgraded by Wall Street investment bank DA Davison due to bear market woes. Terraform Labs co-founder Do Kwon is rumored to have left Singapore for Dubai, according to Bloomberg.
Do Kwon Denies Manipulation Allegation in Laura Shin Interview, Report Suggests Kwon Transited via Dubai
"The Hash" panel discusses the key takeaways from Terraform Labs co-founder Do Kwon's interview with "Unchained" podcast host Laura Shin amid rumors he has left Singapore for Dubai, and whether Kwon's earlier failed algorithmic stablecoin Basis Cash could have been an indication of UST's fate.
South Korean Prosecutors Say Reports of Do Kwon’s Stopover in Dubai ‘Not False’: Bloomberg
Terra blockchain creator Do Kwon, who said he is not on the run, is rumored to have left Singapore for Dubai according to South Korean prosecutors telling Bloomberg. Merkle Science co-founder and CEO Mriganka Pattnaik discusses what we know so far and the outlook for algorithmic stablecoins. Plus, insights into tracking Luna Foundation Guard's bitcoin (BTC) reserves.
