This Week In Crypto Asia: Crypto.com Focuses On UAE, Receives License To Offer Derivatives
Crypto.com has been focused on the UAE for a while now. Today, 14 March 2025, the company announced receiving a limited licence by Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivatives in the UAE. With its existing Virtual Asset…
Deutsche Boerse’s Clearstream to Launch BTC and ETH Custody for Institutions: Report
Deutsche Boerse’s post-trade unit, Clearstream, announced that it will introduce crypto custody and settlement services for institutional clients later this year. The services will be provided through its majority-owned subsidiary, Crypto Finance, which will act as a sub-custodian. Clearstream’s Offering…
Telegram founder Pavel Durov leaves France, Toncoin surges
Telegram founder Pavel Durov, detained in France since last August, was granted temporary permission to leave the country for Dubai. Agence France Presse (AFP) first reported the news on Saturday. Shortly afterward, the cryptocurrency market reacted. Toncoin (TON), the digital…
Turkey Tightens Crypto Regulations: CMB Gains Full Control Over Digital Assets
Turkey has given its Capital Markets Board (CMB) complete control over the crypto asset service providers (CASP) in an attempt to control its fast-growing crypto market. On 13 March 2025, the nation saw the CMB publish two regulatory documents concerning…
Maddow Slams Trump and Calls Bitcoin ‘Scam’
The Rhodes Scholar and liberal media commentator said in a segment that aired Thursday, March 6, that cryptocurrency is a scam. She also slammed the White House for “playing this game.” MSNBC Host Rachel Maddow calls Trump’s Strategic Bitcoin Reserve…
Bitcoin recovery faces 2 potential risks, 2 opportunities
Bitcoin price recovered modestly from its monthly lows, but struggled to cross the important resistance at $85,000. Bitcoin (BTC) rose to $84,525 on Saturday, up 10% from its lowest level this month. It remains in a local bear market after…
Russia and Iran Turn to Crypto to Dodge Sanctions in Oil Trade
As Western sanctions tighten, Russia and Iran are finding creative ways to keep their oil-driven economies afloat using crypto. Russia, with its $192 billion annual oil trade, and Iran, once a major oil exporter, are leveraging digital currencies like Bitcoin…
Why Did Toncoin’s (TON) Price Skyrocket by 20% in Minutes?
On a regular, slightly sluggish Saturday in which most crypto assets trade quietly, Toncoin’s price skyrocketed within minutes by double-digits to a 12-day peak of over $3.5. This came after a statement from the TON Foundation that Pavel Durov’s passport…
Ethereum stuck below key price, ETH ETFs see more outflows
Ethereum price has crawled back in the past few days but remains below a key resistance level. Ethereum (ETH) spiked on Saturday to exceed this month’s low of $1,762. At the time of publication, it was trading at around 1,940.57. ETH,…
Telegram founder Pavel Durov authorized to leave France for Dubai for several weeks
Key Takeaways Pavel Durov has been allowed to leave France for Dubai under modified judicial terms. Durov cooperated with authorities, providing information on over 10,000 users. Share this article Pavel Durov, the Franco-Russian founder of Telegram, has been granted permission…
