Friday, December 20, 2024
Home > Middle

US says crypto mixers threaten national security amid Middle East conflict

The U.S. Treasury Department is currently pushing for new rules that enhance monitoring and reporting capabilities on virtual currency mixers leveraged by illicit actors and terrorist groups. On Oct. 19, the Wall Street Journal reported that President Biden’s administration is set to designate crypto mixers as a threat to national security.

Read More

OpenAI partners with G42 in Dubai eyeing Middle East expansion

OpenAI, the maker of popular artificial intelligence (AI) chatbot ChatGPT, and Dubai-based technology holding group G42 announced a new partnership on Oct. 18 to expand AI capabilities in the Middle East region. The two companies plan to leverage OpenAI’s generative AI models in sectors of G42’s expertise, including financial services, energy,

Read More

Middle East regulatory clarity drives crypto industry growth — Binance FZE head

Major cryptocurrency exchanges and businesses are being lured to a proverbial crypto oasis around the Persian Gulf, according to Binance FZE’s general manager.Alex Chehade, who heads Binance's local operation in Dubai, tells Cointelegraph reporter Ezra Reguerra that progressive regulatory frameworks in the region are a major drawcard for startups and

Read More

Binance to halt crypto debit card in Latin America, Middle East

Cryptocurrency exchange Binance will suspend its crypto debit card services in Latin America and the Middle East from Aug. 25.The crypto debit card worked like other debit cards, allowing users to pay for day-to-day goods and services. The only difference is that these cards were funded by cryptocurrency assets.The crypto

Read More