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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Russia Launches Digital Ruble Trials in 11 Cities
Russia is making preparations to carry out trials of its central bank digital currency (CBDC), known as the digital ruble,…
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Bank of Canada’s Investigation Reveals Limited Interest in CBDC Adoption in a Cashless Society
An investigation by Bank of Canada reveals that the average Canadian shows limited interest in adopting a central bank digital…
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Bank of America Expresses Doubts on PayPal’s PYUSD Adoption
PayPal’s groundbreaking announcement of its PYUSD stablecoin, pegged to the U.S. dollar, has sparked global discussions and criticism. While the…
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FTX Founder Sam Bankman-Fried Jailed Before Trial for Witness Tampering Allegations
Sam Bankman-Fried, the 31-year-old FTX founder and former CEO, appeared in court after the U.S. Department of Justice moved to…
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Navigating the Evolution of Stablecoins: Challenges, Regulation, and the Impact of PYUSD
Stability in the cryptocurrency realm took center stage in 2022 as the stablecoin sector’s capitalization faced a notable contraction following…
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Binance Backs Curve Token with $5 Million Investment Amid Partial Funds Return by Hacker
Binance Labs, the part of the cryptocurrency exchange Binance that invests in new projects, has put $5 million into Curve…
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VARA and DET Sign MoU to Set the Industry Benchmark for Virtual Asset Market Assurance Standards
Dubai’s Department of Economy and Tourism (DET) and the Virtual Assets Regulatory Authority (VARA) have entered into a formal agreement…
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Bittrex Agrees to $24 Million Settlement with SEC
Bittrex, the cryptocurrency exchange, has agreed to pay a sum of $24 million in order to resolve allegations put forth…
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France Aligns with MiCA through Updated Licensing Framework
In France, changes to the current regulations regarding cryptocurrencies are scheduled to be implemented in the upcoming year. This move…
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SEC Initiates Intent to Challenge Court’s Verdict on XRP Sales in Ripple Lawsuit
On Wednesday, the Securities and Exchange Commission (SEC) conveyed its intention to contest a recent court ruling regarding the classification…
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