Dubai school will welcome tuition payments in Bitcoin and Ethereum

According to local news outlet Arabian Business, Citizens School, located in Dubai, will accept tuition payments denominated in Bitcoin (BTC) or Ethereum (ETH). Payments using digital assets are facilitated via an unnamed processing platform and are automatically converted into United Arab Emirates Dirhams (AED). Dr Adil Alzarooni, the founder of Citizens School, commented:  “We look forward to enhancing the role […]

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Ukrainian Rescue Token Is Launching

New York, New York, 29th March, 2022, Chainwire A group of crypto activists has launched Ukan Token (UKAN), a rescue token designed as a decentralized community for humanitarian purposes. UKAN is dedicated to supporting the Ukrainian government’s recovery from the destruction brought upon the Ukrainian people by Vladimir Putin and the Russian Army.  Based on the Ethereum network and available […]

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CFTC looks at expanded authority to regulate crypto, for less than a 10% budget increase

The U.S. Commodity Futures Trading Commission, or CFTC, has released its Fiscal Year 2023 (FY2023) budget request, seeking $365 million. This marks a 9.9% increase over the previous year and 20% over FY2021. The commission regulates the country’s derivatives market and has been increasingly active in recent years in policing financial products that incorporate cryptocurrencies.  According to the agency’s request […]

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Updated KuCoin Whitepaper Released, Co-Authored With KCS Foundation

The KuCoin exchange has released an updated Whitepaper, as stated in today’s press release. The document, co-authored with the KCS Foundation, reveals the details of the upcoming KCS token distribution and overall scaling strategy. The updated Whitepaper reveals the KuCoin exchange’s plans to scale the native KCS ecosystem and distribute the KCS tokens held in lock-up to promote the development […]

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European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision – Regulation Bitcoin News

The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial text prohibiting proof-of-work (PoW) cryptocurrencies, which was recently dropped from the draft, did not take an opportunity to block the draft’s progress. EU Parliament, Commission and Council to Negotiate Over […]

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