Crypto app downloads in the UAE reached 15 million in 2024, with a record 2.8 million installs in December, driven by market trends and adoption.

A New York court has just ordered the permanent confiscation of the assets of Sam Bankman-Fried (SBF), the former CEO of FTX, with a total value nearing one billion dollars. This historic decision comes as the crypto exchange has just begun to repay its first creditors.

Trading and investing platform Etoro announced that its EU subsidiary, Etoro (Europe) Ltd, has been granted a permit by the Cyprus Securities Exchange Commission (CySEC) to provide crypto services across the European Union under the Markets in Crypto-Assets Regulation (MiCA).

What will define the next wave of crypto winners? The answer is simple: real-world utility and mass adoption. While many coins rise and fall purely on speculation, the ones that truly stand the test of time are those solving real problems, integrating into industries, and offering tangible benefits beyond hype.

The United States Securities and Exchange Commission has voluntarily withdrawn its appeal against a Texas federal court ruling that struck down its broker-dealer rule that sought to expand the agency's oversight. The commission appealed the ruling after U.S.

A new partnership between Animoca Brands, Standard Chartered, and HKT is set to transform the digital assets space in Hong Kong. Standard Chartered's Hong Kong division said it entered a partnership with Animoca Brands, and HKT, a telecommunications firm in Hong Kong to launch a stablecoin backed by the Hong Kong dollar (HKD).

Nigeria has filed an $81.5 billion lawsuit against Binance, claiming the cryptocurrency exchange operated without a license since 2019 and contributed to the nation's economic challenges, including currency devaluation and tax losses.

Coinbase has asked Congress to transfer authority over the spot cryptocurrency market to the Commodity Futures Trading Commission (CFTC).

Pro-cryptocurrency leader Donald Trump's victory in the US presidential election shifted the political approach of the White House towards the crypto industry. During the election campaign itself, he promised to bring pro-crypto policies to support the industry.

Standard Chartered Bank, Animoca Brands, and HKT have formed a joint venture to pursue a stablecoin issuing license from the Hong Kong Monetary Authority.

The Swiss digital asset bank is challenging mainstream enthusiasm for crypto ETFs, citing traditional finance's limitations.

OKX has become one of the first crypto exchanges to receive authorization to provide its services across Europe. The trading platform has been granted a MiCA (Markets in Crypto-Assets) license.

The SEC withdrew its appeal to classify DeFi projects as securities dealers, marking a shift toward more collaborative crypto regulation under new leadership while pausing major enforcement actions against crypto exchanges.

Kraken exchange is getting ready to rejoin the Indian market after being banned in 2024 for violating anti-money laundering laws. The exchange has been working with local authorities to secure the permits required to resume operations.

the US Securities and Exchange Commission dismissed the appeal of the infamous "dealer rule," cementing a complete victory for the Blockchain Association (BA), the Crypto Freedom Alliance of Texas (CFAT), and the crypto industry at large.

Nigeria launched a legal battle against the world's largest cryptocurrency exchange Binance (CRYPTO: BNB) on Wednesday, demanding $81.5 billion in compensation for purported economic damages and unpaid taxes. What Happened: Nigerian authorities are blaming Binance for the country's currency issues, Reuters reported, citing court documents.

Total centralized exchange volume reached $18.83 trillion, the second-highest in five years, though still below 2021's record of $25.21 trillion.

The crypto community is slowly turning against meme coins following high-profile scandals and scams involving some of these ersatz tokens.

A recent YouGov poll suggests around 2 million Australians could form a pro-crypto voting bloc at the next federal election slated for May.

Sui Foundation managing director Christian Thompson sees opportunity as AI agents integrate into blockchains, along with the growth of robotics, AR and VR.

Fantasy Top, the Ethereum NFT game that blends fantasy sports with crypto social media personalities, is expanding beyond the layer-2 network Blast. The game has launched a free-to-play version on the newly released testnet of Monad, a high-speed layer-1 blockchain aiming to rival Solana and Ethereum.

The U.S. District Court for the Southern District of New York has issued a final forfeiture order, stripping former FTX CEO Sam Bankman-Fried of a vast array of assets following his fraud conviction. The ruling covers significant cryptocurrency holdings and financial assets once controlled by Bankman-Frieds companies, including Alameda Research and Emergent Fidelity Technologies.

Binance.US, the American division of Binance, has reinstated US dollar deposit and withdrawal services after nearly 18 months. This follows regulatory challenges, including a lawsuit from the U.S. Securities and Exchange Commission (SEC) in June 2023.

Cryptocurrency outflows from Iranian exchanges soared to $4.2 billion in 2024, marking a 70% increase from the previous year, according to blockchain analytics firm Chainalysis. The surge reflects growing capital flight as Iranians turn to crypto amid geopolitical tensions and financial instability.

John Reed Stark, former head of the SECs Office of Internet Enforcement, believes the agencys crackdown on crypto has failed. Stark, a longtime critic of the sector, pointed to recent legal shifts involving Coinbase and Binance as signs of the SEC stepping back.

The Blockchain Association has urged Congress to repeal the IRS rule classifying DeFi software as brokers, calling it regulatory overreach. The post Crypto Industry Mobilizes Against IRS DeFi Broker Reporting Requirement appeared first on Cryptonews.

Nigeria has filed an $81.5 billion lawsuit against Binance, alleging tax evasion and economic damages linked to the devaluation of the naira.

Nasdaq has formally requested U.S. Securities and Exchange Commission (SEC) approval to launch an exchange-traded fund (ETF) tracking a basket of cryptocurrencies through a proposed regulatory framework designed to address market integrity concerns.

S&P says stablecoin regulation could boost US adoption and narrow the gap with Europe's MiCA framework. The post S&P Foresees Stronger Stablecoin Adoption Under Defined Regulations appeared first on Cryptonews.

Fluent Labs secured $8M to develop a blockchain solution enabling cross-VM compatibility, improving developer flexibility and reducing ecosystem constraints.

Kraken is reportedly preparing to re-enter the Indian market and has appointed Shiprocket co-founder Vishesh Khurana as an advisor to lead its local operations. The post Crypto Exchange Kraken Looks to Resume Services in India appeared first on Cryptonews.

The SEC abandoned its court appeal over a case it lost last year to expand the definition of a dealer, which was seen as a threat to decentralized finance platforms.

The U.S. Securities and Exchange Commission (SEC) has voluntarily dismissed its appeal in a lawsuit over its controversial “dealer rule.” The SEC's decision came after the Blockchain Association challenged the rule, arguing that it represented arbitrary and capricious rulemaking that could harm the emerging crypto sector.

Brian Armstrong has a message for crypto traders: “Insider trading of any kind is illegal. Do it, and you'll go to prison.

Coinbase is urging Congress to act fast, outlining six priorities to fix broken crypto laws, protect consumers, and stop blockchain innovation from fleeing overseas.

Castle Island Ventures partner Nic Carter says the LIBRA token scandal is “clear proof” that retail has been playing a rigged game all along.

The Blockchain Association and 75 members have petitioned Congressional leaders to repeal a recent Internal Revenue Service (IRS) regulation that threatens to drive the U.S. decentralized finance (DeFi) offshore.

Nigeria's governance of digital assets has progressed with the enactment of its taxation policy on digital currency transactions, as reported. The government's aim is to improve revenue collection and incorporate digital assets into its fiscal system by levying a 10% tax on capital gains from cryptocurrency transactions.

Crypto exchange Bullish has listed perpetual futures on both indices, allowing traders to gain exposure to these benchmarks with deep liquidity and around-the-clock trading.

Nigeria just filed an astronomically large lawsuit against Binance, demanding $81.5 billion. The government demanded $2 billion in back taxes, but the rest is composed of other fines.

Cryptocurrencies have proven to be some of the best investments in the last 16 years. Bitcoin has demonstrated that an asset's price can move from less than $1 to $109,200 in this period. Instead, the S&P 500 index has jumped from $50 in 1950s to $6,115 today.

Coinbase Chief Policy Officer Faryar Shirzad called on the US Congress to pass clear crypto regulations, warning that continued inaction risks pushing innovation overseas and leaving American consumers unprotected.

Wintermute, a crypto market maker, is expanding its operations into the U.S., including opening a New York office and introducing OTC products for American customers. Wintermute Plans U.S. Expansion, Cites Trump's Pro-Crypto Stance Wintermute, one of the largest liquidity providers in the crypto market, is set to expand into the U.S.

The crypto market is thriving, but meme coins dominate trading volumes. Are they fueling mass adoption or steering the industry toward a short-term, casino-like mentality?

U.S. President Donald Trump attributed bitcoin's record highs to his commitment to making "America the crypto capital."

DigiFT, a licensed blockchain exchange in Singapore, has partnered with Invesco to tokenize a $6.3 billion private credit fund, allowing accredited and institutional investors to gain exposure via USD, USDC, and USDT. This move highlights the growing demand for tokenized real-world assets (RWAs) in the financial sector.

A crypto market maker is reportedly opening up a new office in New York due to the pro-crypto nature of President Donald Trump. According to a new report from Bloomberg, crypto liquidity provider Wintermute – which already has offices in London and Singapore – is looking to venture into the US for the first time.

OKX President Hong Fang joins CoinDesk live at Consensus Hong Kong to discuss the exchange's pioneering role in both retail and institutional markets in Dubai and across the world. Plus, insights into the growing crypto community in Asia and OKX's plan for global expansion.