By Emir Abyazov Bitcoin Hits $105,000 Amid US-China Trade Agreement The rate of the first cryptocurrency at the moment rose to the mark $105,700. Bitcoin’s sharp price movement followed the US administration’s announcement that it had reached a 90-day “truce” in its trade war with China. The parties agreed to mutually reduce duties for this […]
Tag: UAE
By Vuk Martin Crypto platforms aren’t exactly known for their simplicity. Unlike your local bank app, where “Withdraw” usually means “Boom, done,” things on Crypto.com can feel like you’ve stepped into a maze of wallets, network fees, and verification steps. One minute you’re trying to move your money, the next you’re being asked to link […]
By Emir Abyazov Abu Dhabi’s biggest financial players are teaming up to launch a new dirham-backed stablecoin. Sovereign fund ADQ, the UAE’s largest bank, First Abu Dhabi Bank (FAB), and international conglomerate International Holding Company announced their plans on April 28, pending regulatory approval. According to a statement from the companies, the stablecoin will be regulated by […]