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Thai food is my absolute favorite!
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Same tho 😭 Have fun at Farcon!
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Not all X account are eligible only few
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The firm suggested that reduced spending on AI could help ease inflation, which could lead to more favorable monetary policy from the US Federal Reserve.
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In his first post since being sentenced to 25 years behind bars over the FTX collapse, Bankman-Fried said in a Feb. 25 post he had a lot of sympathy for government employees because he hadn’t checked his email in a few hundred days either.
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The chart, which has become somewhat of a Sunday ritual for the executive, was not posted last week as the company took a one-week break from buying.
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Strategy co-founder Michael Saylor posted the chart that has typically come ahead of the firm buying more Bitcoin.
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Decentralized finance and real-world asset tokenization platform Mantra Finance has received a virtual asset service provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), allowing it to expand operations in the United Arab Emirates and the broader Middle East and North Africa (MENA) region.
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He told Cointelegraph that “by establishing the most timely, comprehensive and built from-the-ground-up framework for virtual assets and Web3, Dubai and VARA have become world leaders in crypto regulation.”
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He said the next phase, which he described as the “real rollout of RWAs,” will be driven by regulation:
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“By the end of this quarter, and into the next, we’ll be sharing updates on new projects we are working on that will tokenize assets across multiple industries, markets and classes,” Mullin added.
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In 2024, VARA tightened its rules on crypto marketing and cracked down on unlicensed digital asset companies.
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On Sept. 26, VARA started to require digital asset investment promotions to add clear disclaimers to their advertisements. The regulator said a prominently displayed disclaimer informing customers of crypto volatility is mandated.
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VARA CEO Matthew White said providing actionable guidance to VASPs allows them to “deliver their services responsibly” and fosters trust and transparency in the market.
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On Oct. 10, the crypto regulator issued fines and ceased-and-desist orders to seven businesses for breaching its marketing rules and operating without the appropriate licenses. VARA warned the public to avoid engaging with unlicensed digital asset firms, highlighting the risks involved for users and institutions.
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The regulator said it issued fines ranging from $13,000 to $27,000 to each of the seven entities. However, VARA did not reveal the names of the companies that received the fines.
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Bitcoin’s price action is raising concerns about possible market manipulation as the cryptocurrency continues trading in a tight range despite billions of dollars in institutional inflows.
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Dubai and the UAE have positioned themselves as leading hubs for cryptocurrency, drawing digital asset companies with structured regulatory frameworks. Mantra CEO John Patrick Mullin said Dubai and VARA have become leaders in digital asset regulations.
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“This license was a crucial step for Mantra and a key step in our journey toward global expansion,” he added.
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Mullin said the UAE and the MENA region have created a thriving Web3 ecosystem thanks to regulatory clarity. He added that with the license, the company could deliver decentralized finance products that bridge the gap between DeFi and traditional finance.
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