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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Hong Kong to Tighten Crypto Rules, Aiming to Become Global Fintech Leader
Hong Kong is set to enhance its digital asset regulations significantly over the next 18 months as part of its…
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Crypto Exchanges Flood Turkey with License Applications amid New Regulations
International cryptocurrency exchanges are flocking to Turkey in response to the country’s recent clarification of its regulatory stance on crypto.…
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Bitcoin Breaks $62K as U.S. Jobless Claims Spurs Market Optimism
Bitcoin has made a notable rebound, climbing past $62,000 for the first time since last week. This surge follows a…
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WazirX to Restore User Balances After $230M Cyberattack
Indian cryptocurrency exchange WazirX has announced plans to restore all user account balances to their state as of July 18,…
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IRS Simplifies Crypto Tax Reporting, Removes Wallet Address Requirement
The U.S. tax authorities have introduced a revised form aimed at simplifying the tax process for crypto investors. The draft…
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FTX Ordered to Pay $12.7 Billion to Customers, U.S. CFTC Confirms
A U.S. court has ordered the bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, as…
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Crypto Market Performance: Bitcoin on the Path to Becoming a Hedge?
In the past week, the cryptocurrency market has once again proven its resilience and growing maturity. As traditional markets reeled…
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DIFC and Ripple Collaboration Aims to Drive Blockchain Adoption in UAE
Ripple has announced a strategic partnership with DIFC Innovation Hub. This collaboration aims to accelerate blockchain and digital assets innovation…
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How MiCAR Regulatory Gaps Could Favor Non-European Stablecoin Issuers
The Markets in Crypto-Assets Regulation (MiCAR), which began its first phase on June 30, 2024, marks a significant step towards…
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SEC Slams Coinbase’s Document Request as Excessive, Citing 400 Hours of Work Already Spent
In the latest development in the legal conflict between the Securities and Exchange Commission (SEC) and cryptocurrency exchange Coinbase, the…
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