Kraken Secures Full VARA Approval in Dubai, Targets Dirham Trading Launch
Kraken secures full VARA approval in Dubai, launching dirham-trading services soon while delaying derivatives until further regulatory clearance.
The latest in digital assets, markets and regulation.
Kraken secures full VARA approval in Dubai, launching dirham-trading services soon while delaying derivatives until further regulatory clearance.

OKX launches an upgraded Smart Portfolio bot integrating ETFs, tokenized stocks, and stablecoins to offer customizable automated investment allocations.

South Korea's FIU restricted domestic access to 27 unregistered crypto exchanges, including KuCoin, aiming to boost user protection and compliance while causing a potential pause in reported trading activity.

BIS reports digital cash offers cash-like privacy but warns the tech isn't production-ready, noting bank breaches expose local data without revealing all users.

Human Rights Foundation CSO Alex Gladstein argues centralized AI poses greater risks than extinction, advocating for local open-source tools to protect activists from authoritarian control.

Bitcoin fell to $83,400 as ETF outflows continued and altcoins dropped up to 12%, driven by rising Treasury yields and oil prices rather than crypto-specific catalysts.

Ledger found a hardware implant in devices sold by reseller CryptoBilis that steals recovery phrases via LTE, with unverified reports linking it to $86 million in suspected thefts.

Sberbank received Bank of Russia approval to trade Bitcoin and other cryptos, joining an expanded list of authorized operators ahead of its planned December 1 product launch.

ENS founder Nick Johnson proposes activating ENSv2 via DAO vote, freezing legacy registrations while allowing existing holders to renew, with admin control transferring to the DAO post-upgrade.

French lawmakers proposed mandating crypto holders to report assets over €100,000, sparking backlash due to fears of increased vulnerability to wrench attacks and kidnappings.

London's High Court ruled Chinese law applies to claims on 61,000 BTC seized from fraudster Zhimin Qian, improving UK chances of keeping the $5 billion haul while victims prepare an appeal.

MediaMarktSaturn removed all Ledger hardware wallets from its stores and online platforms after reports surfaced of devices containing unauthorized cellular modules capable of stealing recovery phrases.