2024 cemented the UAE’s status as a global crypto hub as its landscape changed substantially with new stablecoin regulations, tax exemptions and stricter marketing rules.
Central Bank news
According to a BIS report, Jamaica, Nigeria, China, Sweden, the Bahamas, and Peru have CBDC programs in various stages of development.
Bitcoin price sold off, and the wider crypto market corrected following the Federal Reserve’s hawkish 2025 outlook on inflation.
Increasingly more countries are preparing crypto regulatory frameworks inspired by Europe’s upcoming MiCA regulations.
The Financial Intelligence Unit of Nepal has identified growing crypto-related fraud despite a trading ban and proposed transaction monitoring, awareness campaigns and stricter regulations.
The United States dollar has lost approximately 96% of its value since the Federal Reserve Bank was established in 1913.
Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.
Bitcoin price hit a new all-time high above $76,850, and multiple data points suggest that the rally has room to run higher.
Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs.
Solana gains alongside Bitcoin’s US election-related rally, and data hints that SOL price could hit $200.