The issuance of anonymity-enhancing crypto like Zcash and monero are banned under the Emirate’s new regulations for digital assets. Author: Sandali Handagama
Dubai Prohibits Privacy Coins Under New Crypto Rules
First Mover Asia: Bitcoin Flirts With $23.4K as Jerome Powell Repeats Comment About Waning Inflation; Market Weighs DCG-Genesis Deal With Creditors
ALSO: Stakeholders in the venture capital industry explain why embattled crypto trading firm Alameda Research will not be missed. Bitcoin and ether rise. Author: Sam Reynolds
Crypto Protocol Lido Proposes ‘Turbo,’ ‘Bunker’ Modes for Post-Shanghai Ether Withdrawals
The V2 Upgrade includes proposals that explain the protocol’s staked ETH withdrawals plan and introduces a new staking router that will decentralize the network. Author: Margaux Nijkerk
DCG Is Selling Holdings in Grayscale: Financial Times
Digital Currency Group (DCG) has started selling holdings in several investment vehicles run by its subsidiary and digital assets manager Grayscale at a steep discount. Author: Amitoj Singh
Crypto Bank Juno Resumes Services After Pause
The firm paused services last month amid its former crypto custodian Wyre’s turmoil. Author: Elizabeth Napolitano
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