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Dubai’s regulator orders MEXC and KuCoin to halt ‘unlicensed’ crypto operations Dubai’s Virtual Assets Regulatory Authority (VARA) has issued firm directives to cryptocurrency exchanges MEXC and KuCoin, demanding they immediately stop all virtual asset services in the emirate that are being offered without a local license. The move underscores Dubai’s increasingly tough stance on digital…

The Hormuz standoff has injected a new wave of uncertainty into global markets, yet Bitcoin is showing a surprisingly robust internal structure even as liquidity drains from traditional channels. Hovering around the $70,000 mark, BTC is attempting to stabilize after a sharp repricing triggered by rising geopolitical tensions in the Middle East and growing fears…

Florida Senate greenlights pioneering stablecoin law, sends bill to DeSantis for final approval Florida is on the verge of becoming one of the first U.S. states with a dedicated legal framework for payment stablecoins, after state lawmakers approved comprehensive regulations covering issuance, licensing and oversight of dollar-pegged digital assets. Senate Bill 314 (SB 314), which…

Can a 755% payments boom push Solana into a SOL supercycle? The race to dominate Web3 payments is accelerating, and Solana is rapidly moving into pole position. As digital economies demand near-instant, low-cost transactions, only a handful of blockchains are technically capable of handling payment traffic at scale. Solana has positioned itself squarely in that…

Coinbase Board, Including CEO Brian Armstrong, Hit With Derivative Suit Over Alleged Compliance Failures Coinbase’s leadership is under renewed pressure as a group of shareholders has launched a derivative lawsuit against members of the company’s board of directors, naming CEO Brian Armstrong among the defendants. The complaint alleges that between 2021 and 2023, the board…

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