Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,381,224,398,063.35
  • 24h Vol: $52,770,214,924.85
  • BTC Dominance: 56.62%

UAE

brics-to-discuss-alternative-payment-platforms-at-upcoming-summit

BRICS to Discuss Alternative Payment Platforms at Upcoming Summit

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Russian Foreign Minister Sergey Lavrov announced that a report on alternative payment systems for BRICS nations will be presented at an upcoming summit in Kazan. The proposal, led by Brazilian President Lula da Silva, seeks to reduce reliance on traditional financial platforms. Lavrov emphasized the increasing use of national currencies in BRICS trade, particularly with […]

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Tether to Launch UAE Dirham-Pegged Stablecoin

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Tether, the major stablecoin issuer, has announced plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative, in collaboration with the UAE-based Phoenix Group, aims to provide a secure and efficient means of transacting in AED, catering to both businesses and individuals. The new stablecoin will be fully backed

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UAE’s Zand Bank to Offer Crypto Services

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Zand Bank, the UAE’s first digital bank, has entered into a strategic partnership with Taurus SA, a global leader in digital asset technology for banks. This partnership will cover all aspects of Zand’s digital asset infrastructure, including custody, tokenization, and blockchain connectivity. Zand will leverage Taurus’ integrated custody and tokenization solutions to expand its digital

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Easy Way To Obtain Crypto License in Dubai: Gofaizen and Sherle Launches A New Service

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PRESS RELEASE. Tallinn, Estonia – Gofaizen & Sherle, a leading fintech and crypto consultancy firm based in Estonia, has recently launched its first crypto product for the United Arab Emirates (UAE). The product is designed to assist businesses and startup owners in obtaining crypto licenses in two key zones in UAE – the DMCC free

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India, UAE Collaborate to Boost Cross-Border Central Bank Digital Currency Transactions

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India’s central bank, the Reserve Bank of India (RBI), and the Central Bank of the United Arab Emirates (UAE) have agreed to collaborate on cross-border central bank digital currency (CBDC) transactions of remittances and trade. The initiative is “expected to reduce costs, increase efficiency of cross border transactions and further the economic ties between India

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3AC Co-Founder Kyle Davies Fails to Respond to Liquidators’ Subpoena Despite Twitter Delivery

Leave a Comment / 2023, 3AC, 3AC founders, advisory firm, Assets, bali, Bankruptcy Court, Becky Quick, Bitcoin, Chapter 15 process, cnbc, co-founder, Communication, Complaints, Court Filing, Crypto Hacked, Cryptocurrency, Cryptocurrency Hedge Fund, defunct, duties, Ethereum, extradition, Indonesia, Interview, Jan 5, Kyle Davies, liquidation team, liquidators, Media Attention, new crypto venture, new york, News, November 2022, Relevant authorities, Representatives, response, shamelessly, Singapore, soliciting investors, Subpoenas, Teneo, Three Arrows, Three Arrows Capital, Tuesday evening, Twitter, UAE, uncertain location, United States / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has allegedly failed to respond to a subpoena from the firm’s current liquidators, despite it being sent via Twitter. Representatives from advisory company Teneo state that Davies continues to ignore his obligations to Three Arrows. 3AC Liquidators

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Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says

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The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensure global governance when it comes to cryptocurrencies and crypto companies.” Crypto to Play a Major Role in the UAE United Arab

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