In brief Justin Sun said his lawyers filed a motion seeking sanctions against World Liberty Financial over the timing of its disclosure …
UAE
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Markets
Justin Sun seeks sanctions against Trump-linked World Liberty Financial over UAE ties
by shayaanby shayaanThe Tron founder says World Liberty failed to disclose its UAE ties until months into his lawsuit over $45 million in WLFI …
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Markets
Chainalysis Finds $443B MENA Crypto Economy as UAE Growth Outpaces Region
by shayaanby shayaanTL;DR: The United Arab Emirates was reported to have grown 32% to about $104.8 billion, while Türkiye remained larger at around $144.5 …
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Markets
Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients
by shayaanby shayaanThe bank manages custody and settlement in-house via a closed-loop model, removing the need for separate crypto wallets. www.coindesk.com
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Kraken’s parent company Payward received Full Market Approval from Dubai’s Virtual Assets Regulatory Authority (VARA) on October 12, clearing the exchange to …
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Scams
UAE, Sweden Arrest Seven Over $7.1M Crypto Laundering Ring Linked to Contract Killings
by shayaanby shayaanIn brief A Swedish national wanted under an Interpol Red Notice was arrested in the UAE, with six others detained in Sweden. …
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Finance
UAE central bank and Vermeg choose Delta Capita’s MACH DLT for digital asset securities depository
by shayaanby shayaanThe Central Bank of the UAE (CBUAE) and Vermeg, a financial technology infrastructure provider, have chosen Delta Capita’s MACH distributed ledger technology …
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Standard Chartered said on September 3 that it has expanded institutional Bitcoin (BTC/USD) and Ether (ETH/USD) spot trading in the United Arab …
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Trading platform and contracts-for-difference (CFD) broker Capital.com plans to offer spot cryptocurrency services in the United Arab Emirates after its affiliate, Capital …
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Finance
Coinbase’s Abu Dhabi hub cements UAE tokenization leadership, GCC eyes $500B
by shayaanby shayaanAbu Dhabi has been quietly turning itself into one of the world’s proving grounds for digital assets, and last week’s announcement from …