Bitcoin Not a Safe Haven From Geopolitical Risks, but Still Buy the Dip: Standard Chartered
Risks stemming from the Middle East conflict are likely to push bitcoin below $60K before the weekend, the report said.
Middle East
Bitcoin Slides Below $63K, Diverging from Gold as Middle East Tensions Flare Up
The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.
Animoca’s Timeline to Go Public Would Depend on The Market’s Status: Yat Siu
Animoca Brands is hoping to go public soon but the final decision on the timeline is dependent on a key component, the “market’s status, amongst other” aspects, the Web3 giant’s chairman Yat Siu told CoinDesk in Singapore on Monday.
Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East
The framework includes recognition of smart contracts, licensing for crypto companies, property rights in tokens and custody arrangements among other issues.
IMF Says CBDCs Could Boost Middle East’s Financial Inclusion, Payment Efficiency
Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund’s (IMF) has said.
Digital Asset Platform With Ex-Goldman Partner as Co-Founder Gets Bahrain Crypto License
ARP Digital says its the “first and only Central Bank-licensed OTC service provider specialized in digital asset-structured products.”