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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BIS Survey: 94% of Central Banks Eye Wholesale CBDCs
The Bank for International Settlements (BIS) found that 94% of surveyed central banks are exploring Central Bank Digital Currency (CBDC).…
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Gemini Repays $50 Million to Investors in New York Fraud Suit
New York Attorney General Letitia James has successfully recovered $50 million from the cryptocurrency platform Gemini Trust to reimburse investors…
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Tax Charges Lifted for Binance Executives in Nigeria
Nigerian authorities have withdrawn tax charges against two executives from Binance, the world’s leading cryptocurrency exchange, as reported by Reuters.…
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The End of the Petrodollar? A Closer Look at the Future of Oil Settlements
The recent expiration of the long-standing petrodollar agreement between Saudi Arabia and the US has stirred the global financial system.…
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FlowBank SA Declares Bankruptcy: FINMA Steps In to Protect All Clients, Including Crypto and Forex Investors
The Swiss Financial Market Supervisory Authority (FINMA) has initiated bankruptcy proceedings against FlowBank SA as of June 13, 2024. This…
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US Government’s Crypto Cash Grab: Fines and Seized Assets
The US government is taking a keen interest in the cryptocurrency industry, and its efforts go beyond just fines and…
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New $50 Million Sustainability Venture Studio Launched Under The Green Block Initiative
Under the newly launched Green Block Initiative at COP28 in the UAE, a global think tank and launchpad for sustainability…
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A Promising Path: Saudi Arabia’s Journey into Crypto
Saudi Arabia’s Vision 2030 isn’t just an ambitious economic blueprint; it represents a bold leap into a digital future. This…
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Donald Trump Calls for All Bitcoin Mining to Be Made in the U.S.: Is He Misunderstanding the Industry?
Trump’s Bold Statement on Bitcoin Mining On Tuesday, Republican presidential candidate Donald Trump made a significant statement regarding the future…
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South Korea’s FSC Classifies Certain NFTs as Virtual Assets Prior to New Crypto Regulations
South Korea’s Financial Services Commission (FSC) has announced a shift in its stance towards nonfungible tokens (NFTs), aiming to classify…
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