Crypto


Policy

Binance Secures License in Dubai to Offer More Crypto Services

The exchange had previously secured a license to offer limited crypto exchange products and services to qualified investors in Dubai.

Skyscrapers in Dubai (Kent Tupas/Unsplash)

Opinion

Why Russia Isn’t Relying on Crypto to Evade Sanctions

Yes, crypto has limitations. But the traditional banking system is a more attractive place for money laundering regardless.

(Egor Filin/Unsplash, modified by CoinDesk)

Policy

France Orders Jail Time for 2 Men Charged With Funding Terrorism in Syria With Crypto: Report

The amount transferred via crypto by three Islamic extremists is estimated at around $280,000, one news outlet in France reported.

French authorities sentenced two men to jail for using crypto to fund terrorism in Syria (Shutterstock)

Policy

Australian Senator Proposes Crypto Bill Targeting China's Digital Yuan

The proposal lays out disclosure requirements for banks that could make China's central bank digital currency available for use in Australia, and seeks to set up licensing frameworks for stablecoin issuers.

Australian Senator Andrew Bragg, has introduced a new crypto bill targeting China's digital yuan. (andrewbragg.com)

Finance

Fintech Startup TrueLayer Trimming 10% of Staff, Citing Challenging Market Conditions

About 45 employees will be laid off from the firm, which was valued at over $1 billion a year ago.

TrueLayer to lay off 10% of its staff. (Pawel Chu/Unsplash)