by Jibran Munaf | October 23, 2024 | Cryptocurrencies
Bitcoin options traders are ramping up bets that the cryptocurrency will hit an all-time high of $80,000 by the end of November, regardless of the outcome of the upcoming U.S. presidential election. The implied volatility for Bitcoin options expiring around the Nov. 5...
by Jibran Munaf | October 21, 2024 | Cryptocurrencies
Bitcoin surged close to $70,000 on Monday, fueled by a wave of inflows into exchange-traded funds (ETFs) linked to the cryptocurrency and growing optimism about future US regulations. The digital asset rose 1% before trimming some gains to trade at $69,005 as of 7:20...
by Jennifer George | October 14, 2024 | Cryptocurrencies, Currencies, Industry, News, Retail Banking, Technology
In an exclusive interview on the sidelines of GITEX 2024, Jakub Zurawinski, Head of Business Development at MatterFi, shares insights into the critical challenges in blockchain security, focusing on the company’s innovative approach to addressing security, privacy,...
by Jennifer George | October 14, 2024 | Central Banks, Cryptocurrencies, Currencies, Economy, News
On October 14, AED Stablecoin LLC secured in-principle approval from the Central Bank of the UAE to launch and establish its stable digital currency, AE Coin. Under the “Payment Token Services Regulation” (Circular No. 2/2024), issued on June 7, 2024, the Central Bank...
by Jennifer George | October 13, 2024 | Coverage, Cryptocurrencies, Currencies, Economy, Financial Services, Fintech, Gitex 2024, Industry, News, Startups, Technology
GITEX GLOBAL, the world’s largest tech and startup event, takes center stage in the UAE next week with this year’s 44th edition destined to redefine the world’s digital economy and AI ecosystem. Held at Dubai World Trade Centre (DWTC) from 14-18 October, the...
by Jennifer George | October 7, 2024 | Cryptocurrencies, Currencies, Economy, News, Regulations
The UAE is making significant strides in cementing itself as the global hub for crypto. The Federal Tax Authority in the UAE recently amended executive regulations related to VAT. Cabinet Decision No. (100) of 2024 was published on October 2nd, with more than 30...
