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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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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Trump Proposes Bitcoin as Solution to $35 Trillion US National Debt
Former President Donald Trump has recently suggested an unconventional approach to address the United States’ colossal $35 trillion national debt.…
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Morgan Stanley Allows Advisers to Offer Spot-Bitcoin ETFs to Wealthy Clients
Morgan Stanley has authorized thousands of its financial advisers to begin soliciting eligible clients for the purchase of spot-Bitcoin exchange-traded…
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Coinbase Foresees Crypto-Friendly U.S. Policy Regardless of Election Results
Coinbase CEO Brian Armstrong expressed optimism that the next U.S. administration, regardless of the winning party, will adopt a “constructive”…
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Do Kwon to be Extradited to South Korea, Montenegro Court Rules
Do Kwon, co-founder of the bankrupt Terraform Labs, will be extradited to South Korea following a ruling by a Montenegro…
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