Ripple is revolutionizing cross-border finance in the UAE, launching with Zand and Mamo just months after securing groundbreaking regulatory approval, unleashing real-time blockchain-powered payments. Ripple Payments Gains First Major Foothold in UAE with Zand and Mamo Integration Ripple announced on May 19 that Zand Bank and Mamo have become the first customers in the United … Read more
Crypto exchange Binance has asked a US federal judge to send all members of a class-action lawsuit alleging it sold securities to arbitration, arguing that the group waived their ability to form a class action under the company’s terms. The exchange said in a May 16 filing to a New York federal court that its … Read more
Ripple has expanded its presence in the United Arab Emirates by onboarding Zand Bank and Mamo as its first blockchain payments clients in the region Ripple has expanded its presence in the United Arab Emirates by onboarding Zand Bank and Mamo as its first blockchain payments clients in the region. This development follows Ripple securing … Read more
El Salvador has increased its national Bitcoin holdings to over 6,180 BTC through daily accumulation, as part of its long-term crypto strategy El Salvador has increased its national Bitcoin holdings to over 6,180 BTC through daily accumulation, as part of its long-term crypto strategy. This move adds to the country’s strategic reserve, which now stands … Read more
If you’re a UK resident dabbling in crypto, there’s a big tax shake-up coming your way. Starting January 2026, HM Revenue & Customs (HMRC) is tightening the rules on crypto to make sure no gains slip through the cracks. Platforms will be required to collect detailed personal info from users and report it to the … Read more
Jamie Dimon, the CEO of JPMorgan, said his bank will soon allow its clients to buy Bitcoin, but it won’t custody the cryptocurrency. “We are going to allow you to buy it,” Dimon said at JPMorgan’s annual investor day on May 19. “We’re not going to custody it. We’re going to put it in statements … Read more
Key Points: Zhao Changpeng discusses investment risks in cryptocurrency. No major financial impacts yet. Community debates risks, reflecting ongoing market discussions. No immediate regulatory shifts align with his statement. Zhao Changpeng (CZ), Binance founder, recently conveyed that both investing in and abstaining from cryptocurrency involve risks. This statement, shared on a crypto industry network, adds … Read more
JPMorgan is finally letting its clients buy Bitcoin, showing a huge change from one of Wall Street’s most famously skeptical institutions. And while CEO Jamie Dimon still doesn’t like crypto, he’s made it clear that what he thinks personally won’t stop the bank from giving customers what they want. A Change in Tune, But Not … Read more
Financial risk assessment getty The Trump Administration has announced its desire to impose price controls on drugs – officially called a most favored nation (MFN) policy. Essentially, the policy sets the price for the targeted drugs at the lowest price in other industrialized countries. The president’s justification for the MFN is simple: Americans are getting … Read more
The US Senate has voted to advance a key stablecoin-regulating bill after Democrat Senators blocked an attempt to move the bill forward earlier in May over concerns about President Donald Trump’s sprawling crypto empire. A key procedural vote on the Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act, passed in a … Read more