BGUSD is redeemable for USDC at a 1:1 ratio and can be subscribed using USDC or USDT
crypto exchange
Latest in crypto exchange
Bitget
Crypto exchange major Bitget to make Dubai as hub for its next phase of global expansion
The company has sought a licence from Dubai VARA for a massive expansion of its operations
Blockchain
Mastercard expands Crypto Credential to UAE and Kazakhstan
It simplifies consumer experience allowing crypto exchange users to send and receive cryptocurrencies using simple aliases instead of complex blockchain addresses
Bitget
Crypto exchange Bitget adds GMCI indices to futures market
For any coin to be included in the GMCI Indices, it must be actively traded on at least one of eight major centralised exchanges (CEXs) with sufficient trading volume
Bitget
Bitget strikes multi-million-dollar pact with celebrated football league La Liga to amalgamate crypto and sports
La Liga has a storied history of producing and attracting legendary football talents, with star players like Mbappé, Vinícius Jr, and Lewandowski currently gracing their fields
BitPanda
Crypto broker platform Bitpanda adds 500,000 new users across Europe in Q2 amid surge in digital asset trading
The platform launched Bitpanda MENA in early May at the recent edition of the Dubai Fintech Summit
Bitcoin
Bitcoin hovering to new all-time high price; almost touches its highest-ever price of $69,999 on Tuesday
The current bullish trend in the most dominant cryptocurrency has market experts and leading crypto players predicting its price could potentially reach $120,000-$140,000 in this bull cycle
Blockchain
Crypto industry: Pro-business policies, surging adoption draw more global players to UAE
UAE’s recent move to offer a safety net for high-stake ventures, with Dubai Insurance tying up with Hong Kong-based OneDegree to offer ‘digital asset insurance’ to crypto businesses is cited as the latest pull for more international players to enter the country
anti-money laundering
Embattled ex-Binance boss CZ: How the former CEO went from Mcdonald’s to billion-dollar crypto empire
Changpeng Zhao steps down as Binance CEO following historic $4.3 billion settlement with US Department of Justice
anti-money laundering
Binance loses its legendary chief Zhao and $4.3bn in US AML case
“I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance,” says Zhao
APG
Protecting your assets: The safest crypto exchanges today
OKX offers robust security measures for safeguarding your cryptocurrency investments
binance
Mastercard ends partnership with Binance in Bahrain and 3 other countries
The winding down of Mastercard’s relationship with Binance comes amid an increasingly fraught legal and public relations crisis for the world’s largest crypto exchange
BitOasis
BitOasis secures investment from India’s highest valued crypto exchange
This marks CoinDCX’s first investment in the MENA region
Blockchain
Revealed: Islamic Coin to drive major Shariah-compliant NFT expansion
The move comes close on the heels of the Islamic Coin announcing Sept 1 for launch of its token on crypto exchanges, and a new $200 million fundraising
crypto exchange
Dubai crypto exchange MaskEX gets VARA approval for launching operations in UAE
The exchange will offer a range of products, including savings packages, deeply liquid markets across a wide range of trading pairs, and efficient on- and off-ramp products to help users easily convert fiat currency to digital assets and vice versa
binance
Binance chief claps back at US lawsuit, calls it ‘unexpected and disappointing’
Binance defended its practices saying that it has been “working collaboratively with the CFTC for more than two years”
binance
Crypto trading giant Binance faces US lawsuit for ‘operating illegally’
The lawsuit against Binance was filed by the Commodity Futures Trading Commission (CFTC), who claimed that the firm cultivated US business while failing to register properly with authorities
