The UAE has exempted cryptocurrency transfers and conversions from value-added tax (VAT), making it a more cryptocurrency-friendly jurisdiction for digital […]
Dollar Steady on Payroll Gains, Euro Eases on Weak Data
The U.S. dollar stabilized on Monday, holding onto gains from Friday’s strong jobs report, ahead of key inflation data and […]
Cryptocurrency Markets Reeling From Global Uncertainty Over Middle East Conflict
Bitcoin plummeted as the market reacted to the ongoing conflict between Israel and Iran. On a macroeconomic level, crypto-asset markets […]
Dollar Benefits from Safe-Haven Status Amid Middle East Tensions
The U.S. dollar rose on Wednesday, benefiting from its safe-haven status and building on the strong gains from the previous […]
Ripple obtains preliminary license to operate in Dubai
Ripple reported on October 1 that the blockchain company has achieved another regulatory milestone in the United Arab Emirates. Specifically, […]
Dollar gains on Powell’s remarks; Euro falls ahead of CPI release
The U.S. dollar rose on Tuesday as Federal Reserve Chairman Jerome Powell downplayed the possibility of another deep interest rate […]
Japan Plans to Update Cryptocurrency Rules and Allow Bitcoin ETFs
Japan’s financial regulators are considering reviewing and updating their existing rules for the cryptocurrency sector to make them less stringent, […]
Dollar Stabilizes Ahead of Powell’s Speech and Payroll Data
The U.S. dollar stabilized on Monday as market traders await Federal Reserve Chairman Jerome Powell’s speech later in the day […]
SEC Delays Decision on Spot Ethereum ETF Trading Options
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on approving a rule change to allow options trading […]
Dollar Declines, Euro Approaches Multi-Month Highs
The U.S. dollar weakened on Wednesday, adding to last session’s losses, while the euro rose despite signs of economic weakness […]