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  • FTX gets crypto exchange license in Dubai

    Crypto exchange FTX has secured a digital asset exchange license in Dubai under new laws adopted last week and will be setting up a local headquarters in the city.  See related article: Crypto on the beach: FTX and other players find paradise in the Caribbean Fast facts Binance has also secured a license under the…

  • Japan urges crypto exchanges to comply with Russian sanctions

    Japan’s Financial Services Agency and Ministry of Finance jointly announced penalties on crypto exchanges that do not comply with sanctions on Russia following its invasion of Ukraine, following G7 vows to tighten crypto sanctions. See related article:  Russians turn to crypto as Western sanctions hit the ruble Fast facts See related article: Russia faces crypto…

  • Public will boycott crypto firms serving Russians: Ukraine minister

    Cryptocurrency exchanges will face public backlash if they continue to operate in Russia, Alex Bornyakov, Ukraine deputy minister of digital transformation, said in an interview with Reuters on Tuesday, reiterating his call for a blanket ban on Russian crypto traders. See related article: Coinbase blocks 25,000 Russian crypto wallet addresses Fast facts “Private business decides…

  • Coinbase blocks 25,000 Russian crypto wallet addresses

    Nasdaq-listed Coinbase has blocked over 25,000 crypto wallet addresses believed to be associated with Russian individuals and entities engaging in illicit activities.  See related article: US asks crypto exchanges to comply with Russian sanctions: report Fast facts Coinbase, the largest U.S. crypto exchange, said it will not impose a blanket ban on all Russian wallet…

  • DeFi wizard Cronje’s departure sends TVL sinking 

    Decentralized finance (DeFi) total value locked (TVL) is taking a significant dip after pioneer and founder of Yearn Finance Andre Cronje quit crypto with his colleague and senior developer at the Fantom Foundation, Anton Nell, who announced their farewell on Sunday.  See related article: Fantom overtakes Binance Smart Chain in DeFi TVL Fast facts The…