UAE free zone teams up with HBAR Foundation to support Web3 startups
RAK Digital Assets Oasis (RAK DAO), a free zone in the United Arab Emirates dedicated to crypto companies, has signed a memorandum of understanding (MOU)...
Binance suspends transfers for Multichain-bridged tokens
Binance will cease deposit and withdrawals support for Multichain-bridged tokens Polkastarter (POLS), Alchemy Pay (ACH), Alpaca Finance (ALPACA) and Travala (AVA. The tokens are minted...
AAVE hikes as holders vote on converting 1,600ETH into rETH and wstETH
Aave holders are voting on a governance proposal to convert 1,600 ether (ETH) to wstETH and rETH. Aave currently earns a yield of 1.69% from...
India negotiates cross-border CBDC payments with global central banks
The Reserve Bank of India (RBI) is currently in discussions with its counterparts from at least 18 other countries on the possibility of cross-border payments...
Clarity needed on crypto lending regulations — UK Law Commission
A lawyer leading the United Kingdom’s Law Commission’s review of the application of British laws toward digital assets has stressed the need for further clarity...
Singapore bank DBS allows e-CNY settlements
The DBS bank has started an e-CNY collection platform. The platform will enable automated settlement of e-CNY into businesses’ CNY bank deposit accounts. The bank...
South Africa to mandate crypto exchange licenses by year-end: Report
South Africa's financial regulator has announced that all crypto exchanges in the country will be required to obtain licenses by the end of the year,...
Bitcoin analysis agrees BTC price may stall at $35K
Bitcoin (BTC) bulls face a tough task to bring BTC price action past $35,000, fresh analysis predicts.In its latest market update on July 5, trading...
Binance Australia offices reportedly searched by local regulator
Binance Australia is working with local authorities on meeting compliance requirements amid reports alleging that the company’s offices were searched on July 4."We are cooperating...
Mark Cuban, John Reed Stark clash over the cause of FTX’s collapse
Billionaire entrepreneur Mark Cuban has again locked horns with former securities chief John Reed Stark, this time over who was ultimately to blame for FTX’s...