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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Kraken Eyes $500M Funding at $15B Valuation Ahead of Potential IPO
Kraken, one of the largest US-based cryptocurrency exchanges, is reportedly preparing to raise $500 million in fresh funding at a…
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Algeria Enforces Complete Crypto Ban with Harsh Penalties Under Law No. 25 - 10
Algeria has enacted one of the world’s strictest anti-crypto laws, officially outlawing all cryptocurrency-related activities. Law No. 25 - 10, which took effect…
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US Senator Lummis Pushes Crypto-Backed Mortgages in 21st Century Mortgage Act
US Senator Cynthia Lummis of Wyoming has introduced the 21st Century Mortgage Act, a landmark bill that could transform home…
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SEC Approves In-Kind Creations for Bitcoin and Ethereum ETFs
The U.S. Securities and Exchange Commission (SEC) has officially approved in-kind creations and redemptions for two crypto exchange-traded products (ETPs),…
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New Era for Crypto in Hong Kong: Stablecoin Licensing to Begin August 1
The Hong Kong Monetary Authority (HKMA) has formally released its much-anticipated regulatory framework for stablecoins, a new step in the…
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South Korea’s Ruling and Opposition Parties Clash Over Stablecoin Regulation
In a sign of the growing importance of digital assets to South Korea’s economy, the country’s ruling and opposition parties…
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RAKBANK Becomes First Conventional Bank in the UAE to Launch Retail Crypto Trading Services
In a new move for the UAE’s financial sector, RAKBANK has unveiled its new crypto brokerage service, becoming the first…
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SEC Unexpectedly Postpones Decisions on Trump Bitcoin ETF and Grayscale’s Solana Fund
The U.S. Securities and Exchange Commission (SEC) has extended its review period for two prominent cryptocurrency exchange-traded fund (ETF) applications,…
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OKX Marks UAE Growth Milestone with Launch of Regulated Retail Derivatives PILOT Offering
OKX has reached a defining moment in its UAE journey, becoming the first global exchange to offer regulated retail derivatives…
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ADGM’s FSRA Doubles Down on Digital Asset Rules and AML Reforms in 2024 – Report
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has released its 2024 Annual Report, outlining a…
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