Dubai regulator clarifies real-world asset tokenization rules: Lawyer

Dubai’s Crypto Regulator Clarifies Rules for Real-World Asset Tokenization Dubai is making strides in the crypto world by clarifying its regulations around real-world asset (RWA) tokenization. This move provides a clearer path for virtual asset service providers (VASPs) operating in the region, offering a framework for issuing and listing RWA tokens. The updated guidelines from…

Pakistan creates Digital Asset Authority to regulate crypto

Pakistan Establishes Digital Asset Authority to Oversee Crypto Pakistan is taking a significant step towards regulating its blockchain and cryptocurrency sector. The Ministry of Finance has reportedly approved the creation of the Pakistan Digital Assets Authority (PDAA), a dedicated body designed to oversee and regulate the burgeoning digital asset landscape in the country. This move…

BlackRocks Bitcoin ETF notches 2-week high inflow as BTC nears $112K

BlackRock’s Bitcoin ETF Sees Massive Inflows as BTC Price Surges The world of Bitcoin ETFs is heating up, with BlackRock’s IBIT leading the charge. As reported by Cointelegraph, recent data shows a significant surge in inflows into these investment vehicles, coinciding with Bitcoin’s impressive price rally. IBIT’s Record-Breaking Day BlackRock’s iShares Bitcoin Trust (IBIT) experienced…

Synthetix scuttles $27M Derive deal after community concerns

Synthetix Abandons $27 Million Derive Acquisition Plan After Community Pushback In a surprising turn of events, the decentralized finance (DeFi) platform Synthetix has decided to scrap its $27 million acquisition of the crypto options platform Derive. This decision comes after significant negative feedback from both the Synthetix and Derive communities. The deal, which involved a…