People will be subject to imprisonment and a fine of up to AED 500,000, or one of the two, if they deal in virtual currencies that are not officially recognised in the UAE Fines of up to $136,124 (AED 500,000) and jail terms will be imposed on people and entities who are dealing in...

What is causing the “fear-driven” crypto crash? Do investors need to tread more cautiously? Will Bitcoin and Ethereum bounce back? Experts talk to Arabian Business about all this and more! With the total crypto market cap falling by $1 trillion on a year-to-date basis, the future of...

Bitcoin fell below the $27,000 level as the sell-off in the cryptocurrency world continues. Bitcoin price fell almost 9% to $26,848.20 (€25,659) on Thursday, according to data from Coin Metrics. The Coinbase outage came as Binance, the world's largest cryptocurrency exchange, suspended...

The world's largest cryptocurrency by market capitalization, bitcoin dropped to as low as $30,331.28, falling for a fifth consecutive session. Bitcoin was last down 9.8% at $30,724 HONG KONG/LONDON/NEW YORK - Bitcoin plunged to its lowest level since July 2021 on Monday, dropping in...

VC investment in such projects totalled $10bln globally in the first quarter of this year, the largest quarterly sum ever and more than double the level seen in the same period a year ago, according to data from Pitchbook Venture capital is making a big move on crypto in 2022. Scared...

Dubai, one of the UAE's seven emirates and the region's trade hub, this month issued its first law governing digital assets and formed the Virtual Asset Regulatory Authority (VARA) to oversee the sector BitOasis, a Middle East-focused crypto exchange based in the United Arab Emirates,...

Draft of proposed law up for deliberation today European Union (EU) lawmakers are expected to vote today, Monday, a proposed legislation regulating crypto markets that could result in a ban of digital currencies such as Bitcoin and Ethereum in Europe. The regulatory framework,...

The crypto-asset licence will allow Binance to provide crypto-asset trading, custodial services and portfolio management to customers World's leading blockchain ecosystem and cryptocurrency infrastructure provider Binance has been granted a crypto-asset service provider licence from...

The bank calculated the fair-value level of Bitcoin at around $38,000 based on the cryptocurrency being roughly four times as volatile as gold Strategists at JP Morgan Chase and Co believe that the price of Bitcoin could reach $150,000, and the world's largest cryptocurrency could...

Musk says cryptocurrency can be used to buy Tesla merchandise Dogecoin’s price surged on Friday in the wake of new social media comments by serial entrepreneur Elon Musk, who said that the cryptocurrency can now be used to buy Tesla “merchandise”. The meme-inspired cryptocurrency...