Crypto.com has taken a significant step toward bridging the worlds of cryptocurrency and Islamic finance by signing a Memorandum of Understanding (MoU) with Dubai Islamic Bank (DIB), the UAEs largest Islamic bank and a key player in the global Islamic finance sector. The partnership aims to enhance Crypto.coms presence in the UAE and the broader GCC region.

The floor price of Mad Lads, a prominent Solana-based NFT collection, soared 19% earlier Tuesday following news that its parent company, Backpack, had acquired the remnants of FTX Europe and its MiFID II exchange license. This strategic acquisition has positioned Backpack to expand its offerings and stirred speculation within the NFT community.

The official platform Bitfinex Derivatives has announced that it has received a Digital Asset Service Provider (DASP) license in El Salvador. The Seychelles based parent company made this announcement as the platform continues to expand its presence across the Latin American region.

The departing CFTC Chairman Rostin Behnam is sounding the alarm on the lack of comprehensive regulation of cryptocurrencies in the U.S. Regulatory Gap The outgoing chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has lamented what he termed the insufficient regulation of cryptocurrencies in the United States. Behnam argued that the U.S.

Blockchains and smart contracts enable autonomous machines to team with humans in healthcare, education, manufacturing, and defense. Those teams will require secure communications, mutual trust, transparent rules, and crypto-economic incentives to set and complete tasks, says Jan Liphardt, founder of OpenMind.

Twenty-seven employees of the blockchain arm of the gaming titan WeMade have launched a legal case against the firm over “unpaid” altcoin bonuses. The post WeMade Employees Sue Gaming Giant Over ‘Unpaid Altcoin Bonuses' appeared first on Cryptonews.

District Judge Katherine Polk Failla of the United States District Court Southern District of New York granted a Coinbase motion for an interlocutory appeal in their lawsuit against the US Securities and Exchange Commission (SEC) on a Jan. 7 ruling.

Backpack Exchange, a crypto trading platform founded by former FTX and Alameda Research employees, is acquiring FTX EU for $32 million. According to a new announcement from the European-based crypto exchange and wallet Backpack, the exchange has bought out the European arm of FTX.

A U.S. judge halted the case in which the exchange and SEC are duking it out over an enforcement matter, and will let Coinbase chase a higher-court appeal.

In a new essay published on Monday, Arthur Hayes—renowned digital asset investor and former CEO of BitMEX—contends that the crypto market is poised to rally strongly in the first quarter of 2025 before topping out sometime in “mid to late March.” Hayes's latest essay, titled “Sasa,” delves deep into several macroeconomic variables, including US Federal Reserve (Fed) policy, US Treasury General Account (TGA) balances, the Fed's Reverse Repo Facility (RRP), and political uncertainty in Washington.

A crypto research platform anticipates that several cryptocurrency tokens will be unlocked within January this year with an estimated value of $7.2 billion. The think tank says the multi-billion-dollar token unlocking is a considerable amount, noting that it could have an impact on the cryptocurrency market.

In a rare legal move, Coinbase has been granted an interlocutory appeal by a federal judge, allowing the cryptocurrency exchange to challenge the SEC's lawsuit allegations at the Second Circuit Court of Appeals.

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Judge Katherine Failla granted Coinbase's request for an interlocutory appeal, citing different courts' interpretations of what constituted a security under the SEC's purview.

Coinbase Assets announced that it is licensed by the New York Department of Financial Services (NYDFS) to engage in Virtual Currency Business Activity.

TD Cowen expects the Trump administration to ease rules for banks working with crypto, but caution remains.

Backpack Exchange, a crypto trading platform founded by former FTX and Alameda Research employees, has purchased the former European assets of the bankrupted company for $37.7 million. Armani Ferrante, Backpack CEO, discusses the opportunity the acquisition presents and says that their priority is to 'return customer assets.

A New York district court judge has granted Coinbase's move to appeal, putting the U.S. SEC's lawsuit against the exchange on pause.

Judge Katherine Failla granted Coinbase's motion for interlocutory appeal on Tuesday, a move crypto leaders are already hailing as a major victory.

Bitfinex Derivatives has secured licensing as a Digital Asset Service Provider in El Salvador, the crypto platform's Seychelles-based parent company has announced.

President-elect Donald Trump on Tuesday announced a $20 billion investment in US-based data centers by Hussain Sajwani, the billionaire founder of DAMAC Properties and a close business associate of the Trump family. The investment is aimed at supporting advancements in artificial intelligence, cryptocurrency, and other sectors driving the digital economy.

Over the past 24 hours, more than 157,000 traders faced liquidations, with a total value of over $480 million.

Social media giant Meta is replacing its fact-checking program with a user-driven “Community Notes” system, according to a Jan. 7 statement. This move follows the model adopted by X (formerly Twitter), where users collectively identify and provide context for potentially misleading posts.

In a boost for Latin America's crypto sector, over 285,000 Peruvians have adopted the Lemon app since its launch in August 2024. This rapid growth coincides with Bitcoin's surge to $100,000 by December 2024 and the Central Bank of Peru's initiatives to improve financial interoperability.

Garanti BBVA Kripto, a subsidiary of Turkey's Garanti BBVA, has announced a partnership with Luxembourg-based cryptocurrency exchange Bitstamp to provide crypto trading services to its customers. Turkish Bank Subsidiary Collaborates With Bitstamp This collaboration represents the first liquidity provider partnership for Garanti BBVA Kripto since its establishment in May 2023.

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Older altcoins are still seeing increased attention from whales, even as AI agent tokens are considered the most actively growing sector for 2025.

Coinbase, the largest cryptocurrency exchange in the United States, has been granted a rare legal opportunity to challenge claims made by the Securities and Exchange Commission.

Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (CFTC) announced his resignation on Tuesday, just a day after Michael Barr, Federal Reserve Board governor and vice chair for supervision, stepped down from his supervisory role.

Banco of Investimentos Globais (BiG), one of Portugal's largest banks, started blocking fiat transfers to crypto platforms, according to a notification shared by Delphi Labs co-founder José Maria Macedo.

Coinbase just scored a rare win in its battle with the SEC. Judge Katherine Polk Failla has granted the crypto exchange an interlocutory appeal, which lets the company take its case to the Second Circuit Court of Appeals.

In a latest development, Coinbase Global Inc has once again achieved a big win in its ongoing legal battle against the US SEC. Coinbase CLO Paul Grewal, in a latest X post shared that the court, led by Judge Catherine Polk Failla, has approved Coinbase's request for an interlocutory appeal.

Coinbase achieves a legal victory as court grants interlocutory appeal, temporarily halting SEC proceedings and advancing case resolution. The post Coinbase scores rare legal victory as court grants interlocutory appeal in SEC case appeared first on Crypto Briefing.

U.S.-based cryptocurrency exchange giant Coinbase has secured a major legal win in its longstanding battle with the Securities and Exchange Commission.

American cryptocurrency exchange Coinbase Global Inc has once again scored a big win in its ongoing legal battle against the US Securities and Exchange Commission (SEC). In a recent update from CLO Paul Grewal, the court, presided over by Judge Catherine Polk Failla has granted its request for an interlocutory appeal.

Three low-cap altcoins are surging after the top global crypto exchange Binance, rolled out support for them.

BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes predicted that markets would potentially peak by mid-to-late March 2025, driven by an influx of dollar liquidity despite political and policy uncertainties.

Lawmakers accuse him of stifling crypto innovation and limiting banks' ability to engage with digital assets in the U.S.

SparkDEX unveiled its AI-powered DEX Eternal for optimized trading and personalized experiences, but faces risks of AI overdependence.

A recent analysis of over 1,000 Tiktok videos on cryptocurrency found that 68% of crypto advice on the platform is misleading. Misleading Crypto Videos Lack Disclaimers More than two-thirds (68%) of crypto advice on the social media platform Tiktok is misleading, so crypto enthusiasts should approach such content with caution.

Sonic is planning a token generation event (TGE) to coincide with its impending mainnet launch. The TGE is taking place today, but the full mainnet launch won't come until February 10.

According to data provided by CoinGlass, a whopping $249 million worth of long positions has been liquidated over the past 24 hours.

Paul Atkins, President Donald Trump's pick for the next chair of the Securities and Exchange Commission (SEC), has hit Capitol Hill, making the rounds and stopping at key offices to drum up support for his confirmation. Atkins is no stranger to the SEC or financial regulation.

XRP supporter and pro-crypto lawyer John Deaton says he wants to help the incoming Trump Administration investigate “Operation Choke Point 2.0.

The man behind AUSD is a true believer in the critical role that stablecoins can play in emerging markets.

OCBC, Singapore's leading bank, has launched tokenized bonds for corporate accredited investors, allowing fractional ownership with S$1,000 denominations, same-day settlements, and portfolio diversification. The post OCBC Launches Tokenized Bonds for Corporate Investors in Singapore appeared first on Cryptonews.

CNBC's Senior Personal Finance Correspondent Sharon Epperson joins 'Squawk Box' to discuss the pros and cons of crypto in a workplace retirement plan.

In line with its global expansion, Hashkey has received a VASP license for crypto trading services in Ireland.