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Ripple Receives DFSA License to Provide Crypto Payment Services in UAE

Ripple has received approval from the Dubai Financial Services Authority (DFSA) to offer blockchain-based payment services in the Dubai International Finance Centre (DIFC).  This milestone, announced on March 13, makes Ripple the first blockchain-enabled payments provider licensed by the DFSA, reinforcing its presence in the Middle East. The license also marks Ripple’s first regulatory approval…

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Turkey’s Capital Markets Board Unveils New Regulations for Crypto Service Providers in 2025

The Capital Markets Board (CMB) of Turkey has enacted two new communiqués establishing regulatory frameworks for crypto asset service providers. These regulations, published in the Official Gazette on March 13, outline operational, financial, and governance requirements for firms operating in the cryptocurrency sector. The communiqués, part of the broader amendments introduced under the "Law on…

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Bolivia’s State-Owned Energy Company to use Cryptocurrency to pay for Energy Imports

Bolivia’s state energy firm YPFB would pay for Energy imports using cryptocurrency amid biting dollar and Fuel scarcity.  The landlocked South American country is experiencing a steep slide in foreign currency reserves after years of reduced natural gas exports, a primary FX source.  A spokesperson told Reuters that YPFB is exploring using cryptocurrency to purchase…

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US SEC Confirms the Receipt of Fidelity Exchange Traded Funds Staking Proposal

The U.S. Securities and Exchange Commission (SEC) confirmed receipt of Fidelity Investments’ proposal to introduce staking into its Ethereum exchange-traded fund (ETF).  This is a significant development for the crypto investment landscape, broadening the range of activities investors can perform on ETFs.  The filing, submitted by the Cboe BZX Exchange on March 11, seeks to…

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South Korea Moves Toward Corporate Crypto Adoption with New Regulatory Roadmap

South Korea’s Financial Services Commission (FSC) is moving forward with a structured approach to corporate virtual asset transactions.  According to an official report, Vice Chairman of the regulatory agency, Kim Soyoung, held discussions with industry experts on March 12, focusing on phased guidelines that align with global regulatory standards. Notably, the FSC aims to introduce…

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