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Dubai Fines 18 Crypto Firms

Dubai Virtual Asset Regulatory Authority (VARA) announced it has fined 18 crypto companies so far for failing to engage with its licensing process before the November 17th deadline. VARA warned that additional enforcement actions are forthcoming. In the announcement, VARA stated: 18 Virtual Asset Service Providers…

Sparking Crypto Price Surge

The bitcoin price has more than doubled over the last 12 months, propelling bitcoin and crypto back into the limelight—despite surprise fears the U.S. government and BlackRock's potential bitcoin spot exchange-traded fund (ETF) could be about to "kill" bitcoin. Now, as bitcoin…