Cryptos

Ripple co-founder Chris Larsen has recently contributed more than $10 million to fund the U.S. presidential campaign of Democratic Rep. Kamala Harris. Harris campaign funding The recent revelations about the donations come in several reports released today, citing...
The cryptocurrency community is abuzz with rumors following Tesla's transfer of a sizable portion of its Bitcoin (BTC) holdings. More than 11,500 BTC were transferred from wallets linked to the electric car giant to unknown addresses,...

United Arab Emirates Approves First Dirham-Linked Stablecoin

AED Stablecoin Company announced that it has received the first approval from the UAE Central Bank to issue a dirham-backed stablecoin. The United Arab Emirates...

Cryptocurrencies Exempted from VAT in the United Arab Emirates

The UAE has exempted cryptocurrency transfers and conversions from value-added tax (VAT), making it a more cryptocurrency-friendly jurisdiction for digital asset transactions. The amendments...

Cryptocurrency Markets Reeling From Global Uncertainty Over Middle East Conflict

Bitcoin plummeted as the market reacted to the ongoing conflict between Israel and Iran. On a macroeconomic level, crypto-asset markets have been shaken by...

Ripple obtains preliminary license to operate in Dubai

Ripple reported on October 1 that the blockchain company has achieved another regulatory milestone in the United Arab Emirates. Specifically, the Dubai Financial Services Authority...

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