UAE cryptocurrency firm Phoenix’s CEO buys over 20m shares from open market
Munaf Ali of Phoenix Group has bought more than 20 million shares in the company in recent weeks.Supplied Dubai: Munaf Ali, the CEO of ADX-listed…
Tag: Cryptocurrency
Crypto Market Cycle Surprise: Altcoin Surge Missing as ETFs Reshape Investment Flows
The current cryptocurrency market cycle is deviating from established norms, catching many observers off guard. Predictions of a typical altcoin season, especially one following Bitcoin’s…
IMF working on global central bank digital currency platform
RABAT – The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing…
FTX boss Sam Bankman-Fried arrives in US to face charges
Sam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the Bahamas to face fraud charges. The 30-year-old…
Crypto giant Binance kept weak money-laundering checks even as it promised tougher compliance, documents show
In public, Binance said it welcomed government oversight. At the same time, the firm was withholding information from regulators, maintaining weak checks on customers and…
Singapore cbank issues guidelines to discourage crypto trading by public
The Monetary Authority of Singapore (MAS) on Monday issued guidelines that limit cryptocurrency trading service providers from promoting their services to the general public, as…