Summary MENA’s crypto economy was essentially flat at $443.3 billion in the 2026 reporting period, a 1.4% decline that tracks the global rate. The UAE’s crypto economy grew 32% to $104.8 billion, closing to 73% […]
Key Takeaways Bitcoin slipped to about $80,698 on Oct. 24, below its 50-day average near $81,784. Coinglass-tracked liquidations hit $495.74M in 24 hours, with $318M coming from long positions. The Oct. 28 FOMC decision and […]
A major stablecoin issuer says it is outpacing official sanctions and analytics labels with proactive freezes on suspicious addresses. Tether CEO Paolo Ardoino says that since 2023 the firm froze addresses an average of four […]
Three wallets tied to a brokerage took in $575 million in USDT in spring 2025, and the Senate report says Tether did not freeze any of them. Tether CEO Paolo Ardoino pushed back on […]
Tether’s CEO also spoke remotely at a Washington event, DC Fintech Week, and addressed the senator’s report there, as well, last Tuesday. He criticized how it was released to the media before his company could […]
Meanwhile, oil prices have skyrocketed to a monthly peak. Although BTC is already down by several grand since its local peak, the real trouble could be around the corner as reports emerged hours ago […]
Binance’s $4.3 billion deal with the US government is reportedly under fresh scrutiny from federal prosecutors. The Justice Department is reviewing whether the crypto exchange has lived up to the terms of its 2023 settlement, […]
Binance is once again in the spotlight but not for the right reasons. As of the 10th of October, the U.S. Department of Justice (DOJ) has reportedly started investigating whether the crypto exchange violated the […]
Key Takeaways U.S. Senate PSI flags USDT as a key liquidity rail for Iran in 1 new report. GCC VASPs face higher sanctions risks as USDT links complicate 24/7 screening. Soham Jethani says UAE VASPs […]
More volatility is expected on Monday morning after the latest weekend developments on the matter. After Friday’s enhanced volatility following the US economic news, bitcoin’s price inched higher during the weekend and now sits […]
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