Turkiye to impose stocks, crypto assets transaction tax, official says ANKARA: Turkiye has almost finalised work on imposing a transaction tax on the purchase and sale of stocks and... Published 05 Jun, 2024 12:31pm
Business & Finance Crypto washout sends bitcoin below $58,000 ahead of Fed decision LONDON: Bitcoin slid by almost 6 percent on Wednesday, having posted its worst monthly performance in April since... Published 02 May, 2024 04:58am
Technology Crypto washout sends bitcoin below $58,000 into bear market LONDON: Bitcoin fell for a third day on Wednesday, having posted its worst monthly performance in April since late... Updated 01 May, 2024 09:55pm
Technology Tech and crypto: Dubai attracts 9 MNCs with market value of $82bn Dubai Chamber of Digital Economy revealed that the combined market value of the nine multinational companies (MNCs)... Updated 23 Apr, 2024 01:29pm
Markets Bitcoin down 20% from post-ETF highs LONDON: Bitcoin has fallen over one fifth since its peak earlier this month, hit after the United States approved... Published 23 Jan, 2024 07:26pm
Markets Japanese rubber futures climb SINGAPORE: Japanese rubber reversed its two-day losing streak to climb more than 2% on Thursday, with prices... Published 12 Jan, 2024 03:06am
Markets China stocks rise on bargain hunting, policy expectations SHANGHAI: China stocks rebounded on Thursday, while Hong Kong shares jumped after a seven-session losing streak, as... Published 12 Jan, 2024 03:06am
Business & Finance Dubai’s VARA is tackling the FATF grey list head on DUBAI/KARACHI: Rather than shy away from the somewhat “grey” world of crypto and virtual assets because of the UAE... Updated 27 Dec, 2023 10:33am
Markets Crypto stocks set to start December on a high note as bitcoin hits near 19-month high Shares of crypto miners and bitcoin-tracking companies climbed in premarket trading on Friday as the world’s largest... Published 01 Dec, 2023 07:22pm
Markets Crypto.com wins Dubai licence DUBAI: Virtual assets exchange Crypto.com’s Dubai entity CRO DAX Middle East FZE has received a licence from the... Published 14 Nov, 2023 11:33am
Technology Former crypto tycoon Sam Bankman-Fried found guilty on all counts at fraud trial NEW YORK: Former crypto tycoon Sam Bankman-Fried was found guilty Thursday by a New York jury on all seven counts of... Published 03 Nov, 2023 12:33pm
Business & Finance PayPal gets crypto green light in UK as sets up post-Brexit base LONDON: PayPal has been registered to offer cryptoasset activities in Britain, the Financial Conduct Authority said... Published 02 Nov, 2023 03:15am
Technology Turkiye to toughen law on crypto assets ANKARA: Turkiye is preparing new legislation covering crypto-assets to persuade an international crime watchdog to... Published 01 Nov, 2023 11:17am
World Six arrested in HK probe of JPEX crypto exchange HONG KONG: Hong Kong police on Monday arrested six people on suspicion of “conspiracy to defraud” after ... Published 19 Sep, 2023 06:31am
Business & Finance Coinbase wins approval to offer crypto futures trading in US BENGALURU: Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to US retail... Published 21 Aug, 2023 06:43am
Markets Crypto exchange HashKey bags licence update to serve retail users Cryptocurrency exchange HashKey on Thursday said it will begin offering its services to retail users in Hong Kong,... Published 03 Aug, 2023 02:58pm
Markets Crypto stocks dip after bitcoin slumps to six-week low Shares of cryptocurrency and blockchain related companies fell in premarket trading on Tuesday, as bitcoin hit a... Published 01 Aug, 2023 05:44pm
Markets Nomura’s crypto arm wins Dubai licence LONDON: The crypto arm of Japanese investment bank and brokerage Nomura said on Tuesday it had won an operating... Published 01 Aug, 2023 02:02pm
Business & Finance Crypto a ‘flawed system’: BIS ZURICH: The Bank for International Settlements (BIS) said on Tuesday that decentralised cryptocurrencies are a... Published 26 Jun, 2023 06:38am
Markets EU parliament approves world’s most sweeping cryptocurrency rules STRASBOURG: The European Parliament approved the world’s first comprehensive rules to regulate the “Wild West” world... Published 20 Apr, 2023 05:07pm
Business & Finance What’s behind bitcoin’s latest surge? LONDON: At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a 2022 defined by... Published 30 Mar, 2023 07:56am
Technology Cryptoverse: New bitcoin NFTs on a multi-million roll BENGALURU: Imagine digitally inscribing 3D images of objects such as multi-colored spheres onto a tiny fragment of... Published 30 Mar, 2023 06:35am
Business & Finance Crypto firm Circle reveals $3.3bn exposure to Silicon Valley Bank U.S. cryptocurrency firm Circle has $3.3 billion of its $40 billion of USD Coin reserves at the collapsed lender... Published 11 Mar, 2023 01:41pm
Business & Finance Banking regulators close SVB, move quickly to avert crisis California banking regulators on Friday closed SVB Financial Group, the largest bank failure since the financial... Published 10 Mar, 2023 11:04pm
Markets India’s push to regulate crypto gains IMF, US support at G20 BENGALURU: A push by Group of 20 (G20) president India to regulate cryptocurrencies gained support from both the... Published 25 Feb, 2023 05:24pm
Markets IMF lays out crypto action plan, recommends against legal tender status LONDON: The International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto... Published 24 Feb, 2023 09:16am
Markets Binance moved $346mn for seized crypto exchange Bitzlato, data show LONDON: Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange,... Published 24 Jan, 2023 05:07pm
Markets Crypto could cause next financial crisis: India central bank chief MUMBAI: India’s central bank governor warned Wednesday that cryptocurrency markets risked causing the next global... Published 21 Dec, 2022 03:23pm
Markets Crypto assets need to be regulated at a global level, ECB’s De Guindos says MADRID: European Central Bank Vice-President Luis de Guindos said on Monday that crypto assets need to be regulated... Published 19 Dec, 2022 02:50pm
Technology US House committee chair says Bankman-Fried subpoena ‘definitely on the table’ US House Financial Services Committee Chairman Maxine Waters tweeted on Wednesday that a subpoena of FTX founder Sam... Published 08 Dec, 2022 09:05am