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, […]
FBI Arrests Hacker Behind Fake SEC Bitcoin ETF Approval
FBI arrested Eric Council Jr. for hacking the US SEC’s X account and creating a Bitcoin price surge with a fake ETF approval tweet. The Federal Bureau of Investigation (FBI) has arrested Eric Council Jr., 25, from Athens, Alabama, in connection with the unauthorized access of the United States Securities and Exchange Commission’s (SEC) X […]
Dtravel Joins Fetch.ai Network to Launch Decentralized Vacation Rental Platform
Dtravel’s AI agents will introduce peer-to-peer rentals to Fetch.AI’s blockchain. On October 17, decentralized peer-to-peer vacation rental platform Dtravel announced that it has joined the nonprofit Fetch.ai Foundation. Additionally, Dtravel unveiled the launch of the first AI-powered travel agent for developers on the Fetch.ai marketplace. Launched in 2021, Dtravel’s decentralized home-sharing platform aims to provide […]