UAE central bank approves licensing system for stablecoins
KARM Legal Consultants founder Kokila Alagh said that the regulations clarify the issuance, licensing and supervision of AED-backed payment tokens.
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US Treasury under Trump could take a different approach to Tornado Cash
Tornado Cash developers are facing criminal charges, and affected parties have civil lawsuits pending against the US Treasury over sanctioning the crypto mixer.

Record $39.4B Bitcoin open interest suggests imminent price breakout
Open interest is often used to gauge the interest and liquidity behind an asset. In Bitcoin’s case, the surge in open interest could signal an imminent breakout.

Satoshi Nakamoto Apparent Author of Two Upcoming Books on Amazon
Two different books published under Satoshi Nakamoto’s name have recently appeared on Amazon.According to Amazon, both of the books — Wave and Ripple Design Book and The Official Bitcoin Coloring Book — are scheduled for release on June 28. The profile of the author makes it clear that he indeed claims to be the same…

Why Is the US Not Yet a Leader in Crypto Regulation? — Experts Answer
Regulatory frameworks for Bitcoin (BTC) and other cryptocurrencies have developed differently around the globe, ranging from outright bans to so-called “crypto-friendly” legislation. Despite being an economic leader, many within the crypto industry argue that the United States in particular has not yet gained a leading position among governments actively working to regulate this new technology. We…

Flare Network and Lena Instruments launch new crowdfunding mechanism
The mechanism allows investors to allocate a portion of the rewards they earned into funding startups. 351 Total views 19 Total shares Interoperability-focused blockchain Flare Network has partnered with software infrastructure firm Lena Instruments to implement a crowdfunding mechanism that lowers the risks associated with startup investing. Lena Instruments announced what it called a “CloudFunding" launchpad,…

Why Singapore is one of the most crypto-friendly countries
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.At the end of 2021 — a year in which Bitcoin (BTC) and Ether (ETH) rose 100% and…

CFTC acting chair says the agency is ending regulation by enforcement
The commission will divide its enforcement responsibilities into two task forces focused mainly on “complex fraud” and retail fraud.

Ethereum price hits a $1,500 all-time high as ETH options and DeFi heat up
Growth in DeFi, increasing on-chain activity and the strength of the bullish Ethereum options market helped send Ether price to a new all-time high at $1,500. 3238 Total views 17 Total shares The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, achieved a new all-time high at $1,500 today. Data suggest…