UAE

UAE Crypto Firm Pleads Guilty in $595K Uniswap Wash Trading Scheme After FBI Sting

UAE crypto market maker CLS Global admits to wash trading scheme on Uniswap, facing U.S. legal charges. FBI sting operation "Operation Token Mirrors" caught the...

Malaysia’s PM Anwar Signals Push for Crypto Regulation, Explores Collaboration with UAE

Malaysia's Prime Minister announces plans to develop cryptocurrency and blockchain regulations. Government agencies, including the treasury and central bank, are studying regulatory frameworks. Discussions with UAE...

MANTRA and DAMAC Strike $1B Deal to Tokenize UAE Real Estate Assets

MANTRA forms $1 billion asset tokenization partnership with UAE's DAMAC Group. Partnership targets real estate, hospitality, and data center sectors for blockchain integration. Initial tokenized offerings...

UAE’s Bold Move: VAT Exemption on Crypto Transactions From November

The UAE will exempt VAT on cryptocurrency transactions starting November 15, 2024.This policy applies retroactively from January 1, 2018, offering potential refunds.The exemption covers...

Latest news

Senate GOP Updated Clarity Act Targets Fake DeFi, Vote Set

Senate Republicans released an updated Clarity Act on Thursday targeting non-decentralized crypto trading protocols.The bill would require protocols controlled...

TSMC revenue hits record $16.3B, AI demand fuels 53% jump

TSMC reported a record August revenue of NT$514.8 billion ($16.3 billion), marking a 53.3% year-over-year increase and its fourth...

AI Leaves Banks Minutes to Fix Flaws: BIS

A BIS paper warns that AI is shortening the time banks have to repair software vulnerabilities.The authors say routine...