Coinbase May Turn UAE Into Company’s Strategic Hub
Coinbase is strengthening its ties with regulatory authorities in the United Arab Emirates (UAE) as it deals with growing issues in its home country, the US.
Coinbase is strengthening its ties with regulatory authorities in the United Arab Emirates (UAE) as it deals with growing issues in its home country, the US.
P2P platform Paxful is now back up and running under the direction of Delaware lawyer Artur Shaback, who is also the co-founder.
Changpeng Zhao (CZ), head of crypto exchange Binance, has expressed during a Twitter Spaces conference his lack of understanding in regard to meme tokens.
The number of transactions with Binance USD (BUSD) has dropped to its lowest level since mid-2021, as observed by Glassnode.
Crypto exchange Gemini announced last month the launch of its own platform for crypto derivatives, available to investors outside of US jurisdiction.
US investment management firm Ark Invest added yesterday 129,604 Coinbase shares worth over $8.4 million.
The Office of Foreign Assets Control (OFAC) has determined that the platform had conducted 66,000 transactions worth more than $15.3 million in “prohibited jurisdictions.”
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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