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CZ responds to Senator Warren’s fraud claims

CZ responds to Senator Warren’s fraud claims

Former Binance CEO Changpeng Zhao (CZ) recently shared an X post in response to US Senator Elizabeth Warren’s allegations of fraud. In the post, CZ criticized the US Senator for misinterpreting his ca...

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Animoca Brands expands into crypto brokerage after Dubai VARA approval

Animoca Brands expands into crypto brokerage after Dubai VARA approval

Founded in 2014 by Yat Siu and David Kim, Animoca Brands has been a key Web3 player in gamification, metaverses, and NFTs, investing in over 540 companies, but it is now taking a leap into the crypto ...

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UAE follows as Turkey leads 2025 MENA crypto adoption index

UAE follows as Turkey leads 2025 MENA crypto adoption index

In Chainalysis’ recent MENA crypto adoption report 2025, MENA saw crypto growth rates 33% lower than previous years, as crypto usage lagged behind in the APAC (69%) and Latin America (63%) regions. Tu...

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India seizes $280 million, arrests OctaFX Ponzi mastermind in Spain

India seizes $280 million, arrests OctaFX Ponzi mastermind in Spain

Indian authorities have announced the seizure of more than $280 million from the mastermind of the OctaFX Ponzi scam. In a statement released by the Enforcement Directorate (ED) on Friday, the agency ...

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Dubai rolls out new regulatory sandbox for DePIN and Machine Economy projects with peaq

Dubai rolls out new regulatory sandbox for DePIN and Machine Economy projects with peaq

peaq the Machine Economy computer, and Dubai’s Virtual Assets Regulatory Authority (VARA) signed an MOU to regulate onchain robotics, DePIN (Decentralized Physical infrastructure networks), and tokeni...

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Dubai completes pilot settlements for crypto to fiat, AED stablecoins for government fees

Dubai completes pilot settlements for crypto to fiat, AED stablecoins for government fees

Dubai’s Department of Finance (DoF) has successfully tested the settlement of crypto payments to fiat AED currency or AED stablecoins for its governmental service fees. The testing was done in collabo...

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Dubai’s VARA greenlights first tokenized fund in the emirate

Dubai’s VARA greenlights first tokenized fund in the emirate

The digital assets arm of Nomura Group, Laser Digital, has received in-principle approval from Dubai’s virtual asset regulatory authority (VARA) to tokenize its global flagship Laser Carry Fund (LCF) ...

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UAE’s MGX links with Nvidia and Sequoia to fuel AI infrastructure expansion

UAE’s MGX links with Nvidia and Sequoia to fuel AI infrastructure expansion

MGX, a name barely whispered in Silicon Valley a year ago, just shoved its way into the room where the real AI deals are being made after being born from the oil-rich ambitions of Abu Dhabi’s sovereig...

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Scottish influencer Shazad Bakhsh's luxury scam unravels with $1M fraud allegations in Dubai

Scottish influencer Shazad Bakhsh's luxury scam unravels with $1M fraud allegations in Dubai

To the casual observer, Shazad Bakhsh is the personification of the good life. His social media platforms are splattered with images of the Scottish influencer’s larger-than-life persona, typified by ...

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Dubai's DMCC and VARA to launch gold tokenization pilot

Dubai's DMCC and VARA to launch gold tokenization pilot

DMCC, an international business district that drives the flow of global trade through Dubai, has partnered with the Dubai Virtual Assets Regulatory Authority (VARA) to advance global infrastructure fo...

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1 min
Dubai regulator fines TON DLT Foundation and 18 other VASPs

Dubai regulator fines TON DLT Foundation and 18 other VASPs

Dubai’s Virtual Asset Regulatory Authority (VARA) has penalized 19 VASPs for carrying out unlicensed virtual asset activities and for breaches of VARA’s marketing regulations. The penalties ranged fro...

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IMF commends UAE’s Digital Dirham framework

IMF commends UAE’s Digital Dirham framework

An International Monetary Fund (IMF) statement following a visit by an IMF staff team led by Mr. Said Bakhache to the UAE has commended the country on its enhancements to the AED Dirham monetary frame...

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