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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European Parliament Proposes Strict Capital Reserve Requirements for Banks Holding Cryptocurrencies
The European Parliament has issued a report concerning a preliminary law which recommends that banks possessing cryptocurrencies reserve a significant…
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GCEX Crypto Custody Services to Expand with Assistance of Komainu
GCEX, a digital brokerage that provides institutional clients with foreign exchange and crypto services, has established a new partnership with…
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STC Group and Nuqtah Form Strategic Partnership in Riyadh
Nuqtah, a blockchain and Web3 company, is thrilled to announce its partnership with stc Group, the leading telecommunication provider in…
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BUSD Stablecoin Under Fire: NYDFS Orders Paxos Trust to Suspend Issuance, CZ Disagrees
The New York Department of Financial Services has instructed Paxos Trust to halt the Binance USD stablecoin, which is pegged…
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Exploring the Controversial Practice of Staking in the Crypto World
Crypto companies providing their clients with extremely high returns through “staking” offerings are facing criticism from the U.S. securities watchdog,…
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CBUAE Unleashes the Future of Digital Finance with the FIT Transformation Program
In line with the vision of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the…
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$488 million Investment Pumps Up Saudi Arabia Gaming Industry
Saudi Arabia’s gaming industry has been given a major boost with a new investment of $488 million, as the country…
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Kraken Agrees to Cease US Crypto Staking Operations, Settles with SEC for $30 Million Fine
The Securities and Exchange Commission has charged Payward Ventures, Inc. and Payward Trading Ltd., both commonly known as Kraken, with…
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Paxos, BUSD and USDP Issuer, Under Investigation by New York Financial Authorities
The New York Department of Financial Services (NYDFS) is initiating an inquiry into Paxos, the issuer of BUSD and USDP…
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From Crypto to Relief: How Digital Currency is Helping in Earthquake Disaster
A devastating earthquake has struck Turkey and Syria, claiming the lives of more than 16,000 individuals and leaving destruction in…
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