The Central Bank of the UAE (CBUAE) has released its latest statistics, revealing a significant surge in the assets of Islamic banks within the country. Over the past 12 months, these institutions have seen...
Read moreIn a marked retreat from its recent surge, gold prices declined on Tuesday as the US dollar showed continued strength, tempering the momentum that had pushed the precious metal to...
Read moreTwo Chinese nationals, Yicheng Zhang and Daren Li, have been charged by US authorities in a massive cryptocurrency scam totaling $73 million, dubbed “pig butchering.” The scheme involved laundering funds...
Read moreIndia’s stance on cryptocurrency regulation appears to be evolving, with the Securities and Exchange Board of India (SEBI) advocating for multi-regulator oversight in contrast to the Reserve Bank of India’s (RBI) concerns about potential...
Read moreU.S. President Joe Biden is poised to unveil new tariffs targeting key sectors, including electric vehicles (EVs), medical supplies, and solar equipment, in a move expected as soon as Tuesday, according...
Read moreIn a significant development for the cryptocurrency industry, Binance, the world’s largest cryptocurrency exchange, and its competitor KuCoin have secured approval from India’s anti-money laundering unit. This decision comes months after both exchanges...
Read moreThe Biden administration has taken a firm stance against overturning the SEC’s Staff Accounting Bulletin 121 (SAB 121), a move that has sparked controversy within the financial sector, particularly regarding its impact on...
Read moreIn the lead-up to the Federal Reserve’s interest-rate decision today, Bitcoin and other cryptocurrencies experienced a significant downturn. Bitcoin, the world’s largest cryptocurrency, hovered around $57,000 during Wednesday’s European morning trading session, marking its...
Read moreChangpeng Zhao, the founder of the world’s leading cryptocurrency exchange, Binance, has been sentenced to four months in prison on Tuesday after admitting to money laundering charges. The sentence was handed...
Read moreHong Kong has stepped into the spotlight as the first Asian market to introduce retail investors to the trading of cryptocurrencies at spot prices, with the launch of six spot...
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