UAE tax, UAE Lottery, crypto in Dubai, Kuwait visas, Saudi World Cup and more top news stories this week
Cryptocurrency trading
Latest in Cryptocurrency trading
Cryptocurrency
Trading crypto in Dubai? What you need to know about the latest court ruling
Experts advise individuals engaging in crypto trading to regularly review updates to VARA and Securities and Commodities Authority regulations to ensure ongoing compliance
Bitcoin
Middle East conflict triggers 12% plunge in global cryptocurrency market, Bitcoin falls to $60,750: Experts
The cryptocurrency market has seen a very intense liquidation over the last few days following the sudden escalation of the regional conflict in the Middle East
Cryptocurrency
Revealed: The new crypto leaders of 2024
Some are already giants, while others are staying under the radar. Meet the 10 individuals making the biggest impact right now on the world of crypto
Bankruptcy
Sam Bankman-Fried appeals FTX fraud conviction, 25-year sentence
The 32-year-old former billionaire was the poster boy for cryptocurrency, gracing magazine covers and enjoying audiences with lawmakers, before the speculator collapse of FTX in 2022
binance
Binance CEO Changpeng Zhao to plead guilty and step down ahead of expected $4.3bn crypto fines: reports
Binance boss to step down and plead guilty to money-laundering charges ahead of possible $4.3bn fine
Bitcoin
Is Bitcoin a better investment than gold? Experts weigh in
Gold, the traditional safe haven asset, has faced competition from Bitcoin as a long-term investment
Bitcoin
Bitcoin price surges to $35,000, leaps to 2023 high
Arabian Business reported last week that bitcoin prices were predicted to see a spike in a near-term basis, fuelled by a sharp rise expected in the hashrate of the leading cryptocurrency due to the disruption in the crypto mining process in Israel
binance
Binance founder CZ defends crypto, shuts down critics amid regulatory scrutiny: ‘I think lying is fraud’
In a candid interview CZ addressed recent backlash and responded to crypto critics at the ‘The Transformation Agenda: finance reimagined’ event programmed by Economist Impact as part of Fintech Forward 2023 in Bahrain
Bitcoin
Bitcoin prices predicted to surge as disruption in crypto mining to push up hashrate
Bitcoin prices ran up a gain of $316 since the regional flare up commenced to reach $28,292 on Tuesday from $27,976 on October 7
Blockchain
Arabian Business Crypto Seven: Celebrating the trailblazers of decentralisation
Arabian Business presents the leading figures behind the region’s ever-growing blockchain space
binance
Crypto refugees: UAE faces ‘historic opportunity’ as US crackdown on Binance, Coinbase fuels exodus
SEC crackdown on Binance and Coinbase prompts crypto firms to eye UAE as regulatory safe haven, say experts
binance
Crypto crackdown: US watchdog SEC charges Coinbase, day after Binance
US regulator charges the digital currency trading platform Coinbase for operating as an unregistered securities exchange, broker, and clearing agency
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
crypto assets
Jake Paul, Akon, Lindsay Lohan, Ne-Yo, charged in illicit crypto scam
The other celebrities accused include DeAndre Cortez Way (Soulja Boy), Austin Mahone, Michele Mason (Kendra Lust) and Miles Parks McCollum (Lil Yachty)
Bitcoin
Bitcoin hits $28,000, taking the global crypto market size to $1.16 trillion
The price of the largest digital currency Bitcoin is expected to hit $30,000 soon