News
Stay updated with the latest blockchain and cryptocurrency news, trends, and insights from MENA and globally. Explore breaking stories, in-depth analysis, and industry updates on UNLOCK Blockchain.
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U.S. Bitcoin Mining at Risk as Trump Slaps 34% Export Tariff on China
Trump’s new tariff policy is set to significantly impact the U.S. Bitcoin mining industry, as China, the largest global supplier…
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China Updates AML Laws to Include Virtual Assets for the First Time, Ban on Crypto to be Lifted?
China has made a significant update to its Anti-Money Laundering (AML) laws by revising them to include virtual assets transactions…
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Biden Shuts Chinese-Linked Crypto Mining Facility Over National Security Concerns
President Biden has issued an executive order mandating the closure and divestment of a Wyoming-based cryptocurrency mine operated by a…
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China’s Leading Fund Managers to Pursue Spot Bitcoin ETFs in Hong Kong
Two of China’s leading fund management firms, Harvest Global Investments and Southern Fund, are pursuing applications for spot bitcoin exchange-traded…
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China Implements Blockchain-Enabled Verification for 1.4 Billion Citizens
Despite strict regulations on cryptocurrency trading in China, major tech players Tencent and Huawei have showcased their presence in the…
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China calls for AI unity to tackle global challenges
Chinese President Xi Jinping addressed the audience on November 8 at the World Internet Conference Summit in Wuzhen, China, emphasizing…
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Huobi’s Total Value Locked Plummets to $2.5B Amidst Insolvency Allegations and Chinese Investigations
Crypto exchange Huobi experienced significant outflows totaling $64 million between August 5 and 6. These outflows occurred amidst persistent rumors…
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Binance Conducted $90 Billion Monthly Transactions in Restricted Chinese Market Accounting for 20% of Worldwide Volume
According to internal data and sources within the exchange, Binance users engaged in cryptocurrency-related transactions worth $90 billion in a…
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Digital Yuan Integration: China Considers Linking National Social Security Cards
China has announced its plans to incorporate its central bank digital currency (CBDC), the digital yuan, into its financial system…
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SEC Chair Gary Gensler Allegedly Offered to Advise Binance in 2019, Lawyers Assert
Lawyers representing Binance and its founder Changpeng Zhao have made allegations suggesting that Gary Gensler, the Chair of the United…
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