Gulf Crypto Insight
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The first and only blockchain and cryptocurrency focused news portal in the Middle East.
https://cryptoinsight.ae/

The Content is for informational purposes only, you should not consider any such information or other material as financial or other advice
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Trump’s crypto czar meets UAE’s national security adviser on crypto, AI

White House crypto and AI czar David Sacks was among a number of Trump administration officials who recently met with United Arab Emirates officials to discuss emerging technologies and UAE’s potential plans to increase its investment in the United States.

Sheikh Tahnoon Bin Zayed Al Nahyan, the Gulf nation’s national security adviser and brother of…

https://cryptoinsight.ae/trumps-crypto-czar-meets-uaes-national-security-adviser-on-crypto-ai/

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Dubai Land Department begins real estate tokenization project

The Dubai government has started the pilot phase of a project that will convert real estate assets into digital tokens on the blockchain.

The Dubai Land Department (DLD), a government entity responsible for registering, organizing and promoting Dubai real estate, announced that it started the pilot phase of its real-estate tokenization project.

The project was…

https://cryptoinsight.ae/dubai-land-department-begins-real-estate-tokenization-project/

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Ethereum co-founder Joe Lubin on the future of Ethereum — DAS

Ethereum co-founder Joe Lubin discussed the future of the smart contract network at the Digital Asset Summit and said layer-2 (L2) scaling networks would continue to be central to the Ethereum ecosystem.

In an exclusive interview with Cointelegraph’s Turner Wright, Lubin said applications will require next-generation databases powered by high-throughput blockchain technologies. The Ethereum co-founder…

https://cryptoinsight.ae/ethereum-co-founder-joe-lubin-on-the-future-of-ethereum-das/

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Hello there!
Day started from:

The global cryptocurrency market cap today is $2.87 Trillion, a -1.7% change in the last 24 hours

Bitcoin ~ $84,338.04 (0.1%)
Ethereum ~ $1,989.81 (0.0%)
Solana ~ $129.51 (1.0%)
Polkadot ~ $4.51 (-0.6%)
Flow ~ $0.4186 (0.1%)

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Crypto VC giant targets $1B for new funds, expects oversubscription — Report

Venture capital firm Haun Ventures is reportedly looking to raise $1 billion for two new crypto-related investment funds within the next three months.

If successful, $500 million will be allocated to early-stage crypto investments, while the remaining $500 million will go toward late-stage crypto investments, people familiar with the matter told Fortune Crypto on March…

https://cryptoinsight.ae/crypto-vc-giant-targets-1b-for-new-funds-expects-oversubscription-report/

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South Korea to block non-compliant crypto exchanges

South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator.

On March 21, local media Hankyung reported that the Financial Intelligence Unit (FIU) of the Financial Services Commission is considering sanctions against crypto exchanges for allegedly operating in the…

https://cryptoinsight.ae/south-korea-to-block-non-compliant-crypto-exchanges/

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Traditional financial markets won’t survive without RWA tokenization

Opinion by: Abdul Rafay Gadit, co-founder of ZIGChain

America’s tariff regime has apparently fueled a global trade war, forcing investors to explore stable, yield-generating alternatives. A closer look reveals that illiquidity, opacity and scalability challenges have plagued global financial markets for long. They weren’t in great shape anyway, trade war or no trade war.

Tokenized…

https://cryptoinsight.ae/traditional-financial-markets-wont-survive-without-rwa-tokenization/

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Hello there!
Day started from:

The global cryptocurrency market cap today is $2.87 Trillion, a -1.8% change in the last 24 hours

Bitcoin ~ $84,226.15 (-0.1%)
Ethereum ~ $2,001.12 (0.5%)
Solana ~ $130.60 (0.9%)
Polkadot ~ $4.43 (-2.0%)
Flow ~ $0.4161 (-0.6%)

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Gold-backed stablecoins will outcompete USD stablecoins — Max Keiser

Gold-backed stablecoins will outcompete US dollar-pegged alternatives worldwide due to gold’s inflation-hedging properties and minimum volatility, according to Bitcoin maximalist Max Keiser.

Keiser argued that gold is more trusted than the US dollar globally, and said governments of foreign nations with an adversarial relationship to the United States would not accept dollar-pegged stablecoins. The BTC…

https://cryptoinsight.ae/gold-backed-stablecoins-will-outcompete-usd-stablecoins-max-keiser/

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Crypto debanking is not over until Jan 2026: Caitlin Long

The cryptocurrency industry may still be facing debanking-related issues in the United States, despite the recent wave of positive legislation, according to crypto regulatory experts and industry leaders.

The collapse of crypto-friendly banks in early 2023 sparked the first allegations of Operation Chokepoint 2.0. Critics, including venture capitalist Nic Carter, described it as a government…

https://cryptoinsight.ae/crypto-debanking-is-not-over-until-jan-2026-caitlin-long/

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Pakistan Crypto Council proposes using excess energy for BTC mining

Bilal Bin Saqib, the CEO of Pakistan’s Crypto Council, has proposed using the country’s runoff energy to fuel Bitcoin mining at the Crypto Council’s inaugural meeting on March 21.

According to an article from The Nation, the council is exploring comprehensive regulatory frameworks for cryptocurrencies to attract foreign direct investment and establish Pakistan as a…

https://cryptoinsight.ae/pakistan-crypto-council-proposes-using-excess-energy-for-btc-mining/

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Hello there!
Day started from:

The global cryptocurrency market cap today is $2.95 Trillion, a 1.2% change in the last 24 hours

Bitcoin ~ $87,063.70 (3.4%)
Ethereum ~ $2,063.19 (3.1%)
Solana ~ $138.36 (5.9%)
Polkadot ~ $4.69 (6.0%)
Flow ~ $0.4273 (2.8%)

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Tokenized US gold could ultimately benefit Bitcoin: NYDIG

An idea to tokenize or track US gold reserves to make their movements transparent on a blockchain won’t work in the same trustless way as Bitcoin does, but doing so could help the cryptocurrency, says a research analyst.

Greg Cipolaro, global head of research at New York Digital Investment Group (NYDIG), said in a March…

https://cryptoinsight.ae/tokenized-us-gold-could-ultimately-benefit-bitcoin-nydig/

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UK should tax crypto buyers to boost stock investing, economy, says banker

The UK should begin taxing crypto purchases in a bid to sway Britons to invest in local stocks, which could boost the country’s economy, says the chair of investment bank Cavendish, Lisa Gordon.

“It should terrify all of us that over half of under-45s own crypto and no equities,” Gordon told The Times in a…

https://cryptoinsight.ae/uk-should-tax-crypto-buyers-to-boost-stock-investing-economy-says-banker/

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US Treasury argues no need for final court judgment in Tornado Cash case

The US Treasury Department says there is no need for a final court judgment in a lawsuit over its sanctioning of Tornado Cash after dropping the crypto mixer from the sanctions list.

In August 2022, Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash after alleging the protocol helped launder crypto stolen by North…

https://cryptoinsight.ae/us-treasury-argues-no-need-for-final-court-judgment-in-tornado-cash-case/

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Hello there!
Day started from:

The global cryptocurrency market cap today is $2.95 Trillion, a -1.6% change in the last 24 hours

Bitcoin ~ $86,734.92 (-0.4%)
Ethereum ~ $2,053.62 (-0.5%)
Solana ~ $139.73 (1.0%)
Polkadot ~ $4.64 (1.1%)
Flow ~ $0.4248 (-0.6%)

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Abu Dhabi’s financial free zone signs MoU with Chainlink for tokenization frameworks

Abu Dhabi Global Market (ADGM), a financial zone with over $635 billion in assets under management, signed a Memorandum of Understanding (MoU) with Chainlink in a move to connect the world of traditional finance with blockchain data.

The agreement will allow ADGM to use Chainlink’s suite of tools, such as data feeds and interoperability technology,…

https://cryptoinsight.ae/abu-dhabis-financial-free-zone-signs-mou-with-chainlink-for-tokenization-frameworks/

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Trump’s crypto project launches stablecoin on BNB Chain, Ethereum

The Donald Trump-backed crypto venture World Liberty Financial launched a US dollar-pegged stablecoin with a total supply of more than $3.5 million.

According to data from Etherscan and BscScan, the project launched the World Liberty Financial USD (USD1) token in early March. Former Binance CEO Changpeng “CZ” Zhao noted the project’s smart contract was deployed…

https://cryptoinsight.ae/trumps-crypto-project-launches-stablecoin-on-bnb-chain-ethereum/

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Bitcoin ‘more likely’ to hit $110K before $76.5K — Arthur Hayes

Bitcoin may reach a new all-time high of $110,000 before any significant retracement, according to some market analysts who cite easing inflation and increasing global liquidity as key factors supporting a price rally.

Bitcoin has been rising for two consecutive weeks, achieving a bullish weekly close just above $86,000 on March 23, TradingView data shows.…

https://cryptoinsight.ae/bitcoin-more-likely-to-hit-110k-before-76-5k-arthur-hayes/

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Crypto exchange Kraken exploring $1B raise ahead of IPO: Report

Cryptocurrency exchange Kraken is considering a major capital raise ahead of a potential initial public offering (IPO) early next year, Bloomberg reported on March 24.

Citing anonymous sources, Bloomberg said Kraken is exploring a debt package worth anywhere between $200 million and $1 billion. The exchange is reportedly in preliminary talks with Goldman Sachs and…

https://cryptoinsight.ae/crypto-exchange-kraken-exploring-1b-raise-ahead-of-ipo-report/

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