Binance Vs. SEC: Court Issues Major Orders, Stuns Crypto Market
Binance vs SEC Lawsuit: Judge Amy Berman Jackson issues many orders, propelling Ripple through the crypto market. In the Binance vs. SEC lawsuit, a district judge has signed key orders following a joint report from the involved parties and a motion from the SEC to amend the original complaint. The court has also issued a scheduling […]
DBS Introduces Blockchain-Based Banking for Institutions
DBS Bank has announced “DBS Token Services” for real-time blockchain payment settlements, which use smart contracts to improve security and transparency. Singapore’s DBS Bank has launched a new range of blockchain-powered services for its institutional clients. In an announcement shared, DBS introduced the “DBS Token Services,” which enable real-time payment settlements via the bank’s permissioned […]
UAE To Develop Legal Framework for DAOs
The framework will also enable DAOs to enter legally binding contracts and create guidelines for resolving internal and external disputes. The Ras Al Khaimah Digital Assets Oasis (RAK DAO), a free economic zone in the UAE focused on digital assets, is preparing to launch a legal framework specifically for decentralized autonomous organizations (DAOs). According to […]
UAE Stablecoin Issuer Gets Approval from Central Bank
AED Stablecoin leads the race to produce the UAE’s first regulated dirham-pegged token as Tether awaits. The Central Bank of the United Arab Emirates (CBUAE) has granted preliminary approval to AED Stablecoin under its Payment Token Service Regulation framework, according to a press release from the company. This in-principle license positions AED Stablecoin as a […]
Binance Expands Scroll Trading Offerings, SCR Price Surge?
Binance announced plans to halt pre-market trading for Scroll and begin spot trading soon, fueling anticipation for SCR price action. Crypto exchange giant Binance has fueled significant optimism around the zero-knowledge rollup crypto Scroll (SCR) by expanding its trade offerings for the token. The exchange announced that it will soon end pre-market trading for SCR, […]