On Monday, the Dubai-based crypto exchange Bybit confirmed it received license approval from the Cyprus market regulators. The report stated the regulator’s final nod would allow the crypto exchange to operate as a regulated exchange and custodial service provider in Cyprus. The…

A recent announcement conveyed by the largest eCommerce platform Amazon revealed plans to invest around $100 million in establishing an artificial intelligence center. The Amazon cloud unit, also known as AWS, will create the proposed AI center. The AWS team is optimistic…

A recent update on the French Newspaper Le Monde released on June 16 revealed that the authority would launch a new investigation on Binance for engaging in “aggravated money laundering. The report mentioned that the investigation on Binance will be conducted by…

An official report issued by the Seychell-based crypto exchange OKX revealed that Dubai’s Virtual Asset Regulatory Authority green-lighted minimal viable product preparatory (MVP)license. Initially, the OKX team had announced plans to broaden its market presence to the Middle East. Following the approval…