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Turkish crypto exchange Paribu has acquired a majority stake in CoinMENA, a Sharia-compliant cryptocurrency exchange licensed in Dubai and Bahrain.According to a Thursday CoinMENA announcement, Paribu acquired a majority stake in CoinMENA in a deal…
New figures reveal a 70% year-on-year increase in Cayman Islands foundation company registrations, with more than 1,300 on the books at the end of 2024, and over 400 new registrations already in 2025. These structures are increasingly being used as…
Ethena’s synthetic-dollar stablecoin USDe saw one of its sharpest monthly contractions yet, while fiat-backed stablecoins like USDT, USDC and PYUSD attracted billions in inflows. CoinGecko data showed that Ethena’s USDe stablecoin fell from a market capitalization of $9.3 billion on Nov.…
Asian markets mostly rose on Wednesday following a resumption of Wall Street’s rally, but gains were muted as investors await the last tranche of US data before next week’s Federal Reserve meeting. With a third successive interest rate cut already…
A group of 10 banks plans to introduce a euro-pegged stablecoin in 2026 under an entity authorized by the Dutch Central Bank.In a Tuesday notice, BNP Paribas said it would join nine other EU-based banks in an effort to launch…
Former crypto skeptic BlackRock CEO Larry Fink and chief operating officer Rob Goldstein say tokenization will act as a bridge between the crypto industry and traditional finance, doubling down on their support of the sector. In an opinion article penned by…
Binance has appointed co-founder Yi He as co-CEO, elevating one of its earliest architects to a formal leadership role alongside chief executive Richard Teng.According to a Wednesday announcement, Binance CEO Richard Teng announced on stage at Binance Blockchain Week that…
Digital asset treasuries (DATs) are leading a crypto stock recovery as markets rebound following a significant leverage flush at the start of the month.Ether DATs recovered strongly on Tuesday, including Nasdaq-listed EthZilla (ETHZ), which gained 12.35% on the day to…
The UK has passed a bill into law that treats digital assets, such as cryptocurrencies and stablecoins, as property, which advocates say will better protect crypto users.Lord Speaker John McFall announced in the House of Lords on Tuesday that the…
Bitcoin is seeing renewed optimism of a recovery, as crypto market analysts are eyeing six figures for the cryptocurrency as it gained above $92,000 after a fall to $84,500.“This is what you’d want to see. [Bitcoin] coming back up again,…
The Australian Bitcoin Industry Body (ABIB), a crypto industry group, says it has filed a formal complaint against the Australian Broadcasting Corporation, to correct a recent article contained several misrepresentations and factual errors about Bitcoin. In its complaint, ABIB claimed that…
The Chartered Institute of Project Managers of Nigeria on Tuesday warned of the growing danger associated with the rising global and domestic financial waste on projects that require corrective works or adjustments after commissioning. The Registrar-General of the institute, Henry…
Prediction market odds on Kevin Hasset becoming the next chair of the US Federal Reserve spiked after US President Donald Trump appeared to hint at who he has in mind during a White House event. Speaking at the White House on…
The Centre for the Promotion of Private Enterprise has asked the Federal Government to prioritise interventions in agriculture and manufacturing to ease the cost-of-living pressures and ensure that Nigeria’s 3.98 per cent Gross Domestic Product growth in the third quarter…
American entrepreneur and investor Kevin O’Leary has pushed back against speculation that the US Federal Reserve will cut interest rates in December — a move that typically signals a favorable outlook for crypto. However, O’Leary doesn’t anticipate a Fed rate hold…
The Central Bank of Nigeria has proposed new rules requiring banks and other financial institutions to refund victims of Authorised Push Payment fraud within 48 hours of investigations being concluded. This is according to the draft “Guidelines for Handling Authorised…
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