Bybit eyes Muslim investors with Shariah-compliant crypto account
Bybit launches Shariah-compliant crypto account, targeting Muslim investors seeking investment options in line with Islamic finance principles.
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Central Banker: CBDCs Are a Flexible Tool for Zero-Interest Rate World
Chile’s central bank governor, Mario Marcel, says central bank digital currencies (CBDC) can provide additional flexibility at a time of “unconventional monetary policies.” Marcel made the comments in a speech titled “High-level Policy Panel Discussion on Central Bank Digital Currencies" at the OECD Global Blockchain Policy Forum held in Paris on Sept. 12.Disruptive FinTech addressing “some gaps”…

Two US-Audited Stablecoins Debut, Experts See Massive Impact on Crypto Market
As Cointelegraph reported on Sept. 10, with the approval of the New York Department of Financial Services (NYDFS), Paxos and Gemini officially announced the introduction of two stablecoins called the “Gemini dollar (GUSD)” and the “Paxos Standard (PAX).” Both stablecoins are backed by the U.S. dollar on a 1:1 basis, with every unit of GUST…

ShapeShift’s Voorhees: Bitcoin Won’t Become Trillion-Dollar Asset Without More Bubbles
The CEO of instant cryptocurrency exchange platform ShapeShift told Bloomberg TV on May 15 that bubbles are an essential part of the industry’s growth.Speaking in an interview, Erik Voorhees argued that the volatility seen in bitcoin (BTC) and altcoin markets over the years is a necessary phenomenon for a nascent asset.“There have to be bubbles…

Crypto exchange Kraken acquires non-custodial staking platform Staked
Kraken said its staking business had grown by more than 950% since the beginning of the year to reach $16 billion in November. 42 Total views 5 Total shares Major cryptocurrency exchange Kraken has announced that it purchased blockchain infrastructure company and investment manager Staked for an undisclosed amount.In a Tuesday announcement, Kraken — the…

How to buy Bitcoin in Dubai
Dubai is a magnificent city to live and work in. But how can someone buy Bitcoin in Dubai? Is it legal to buy Bitcoin in Dubai? Is Dubai crypto-friendly? Here’s a quick guide with the answers. The great news is that, yes, buying Bitcoin (BTC) in the United Arab Emirates is permitted, and the country is

StackOverflow Developer Survey: 80% of Organizations Do Not Use Blockchain
Major developer community website StackOverflow has surveyed nearly 90,000 developers, and the results published on April 9 show that 80% of organizations are currently not using blockchain.As well, 12.7% of the developers responded that organizations use blockchain for non-currency applications, 4% for cryptocurrency-related applications, 2.1% accept crypto as payments and 1.3% are implementing their own…

SEC simultaneously approves Hashdex, Franklin’s Bitcoin-Ether ETFs
Securities exchange NYSE Arca has also expressed interest in listing a Grayscale crypto index ETF holding a diverse basket of spot crypto but has yet to receive approval.