Dubai Free Trade Zone Partners With South Korean Companies to Expand Web3 and Metaverse Business – Metaverse Bitcoin News

The Dubai Multi Commodities Centre, one of the biggest free trade zones in the world, signed agreements with governments and companies in South Korea to bring more Web3 and metaverse businesses to the emirate. The objective of this move is to consolidate the status of Dubai as an international blockchain hub in the region. Dubai Free Trade Zone Inks Web3 and Metaverse Partnership With South Korean Entities Dubai is working to solidify its image as a worldwide decentralized tech hub. The Dubai Multi Commodities Centre, one of the biggest free…

Binance announces free bitcoin trading with TUSD

Popular cryptocurrency exchange Binance has announced its move to zero-fee bitcoin trading from BUSD to TUSD on March 2022. Binance stated that users would continue to benefit from having no maker or taker costs while exclusively trading bitcoin on the BTC/TUSD spot trading pair. Binance shifts to zero-fee bitcoin trading In a statement from March 15, Binance said that the spot and margin trading pairs for BNB/BUSD, BTC/BUSD, and ETH/BUSD are also not included in the zero maker fee program. There will, however, be no effect on any other spot…

Republic Crypto Denies Buying 10M ASTRA Tokens, Says Astra Gave Tokens to It as Part of a ‘Free Trial’

CoinDesk, citing a press release from Astra Protocol, reported on March 7 that Republic purchased the tokens. A Republic spokesperson subsequently said the firm had viewed and objected to the details in the draft press release, which was sent out regardless, and said the release contained an unauthorized quote from Republic crypto head Andrew Durgee, which Durgee didn’t draft. Source

UAE free zone to explore Bitcoin payments for services, lawyer says

Ras Al Khaimah’s recently announced free zone for virtual asset firms will explore accepting crypto payments from companies looking into setting up their businesses in the emirate, a lawyer involved in the hub’s development said. Dubai-based crypto lawyer Irina Heaver told Cointelegraph that once the Ras Al Khaimah Digital Assets Oasis (RAK DAO) secures the appropriate partners, it will check out crypto payments, including Bitcoin (BTC) and other stablecoins, for corporate registrations, office rent and other services. “After all, cities and cantons in Switzerland have been doing this for years,”…

Over 20,000 Ukrainians Sign Up for Free Course on Crypto, Official Says – Bitcoin News

Crypto classes organized for Ukrainians have begun on a government-run portal, a minister announced. More than 20,000 people have registered for the educational course in the war-torn country which maintains an objective to become “the best crypto jurisdiction.” Thousands of Ukrainians to Study About Bitcoin, Mining, and Smart Contracts Ukraine’s ‘Дія. Цифрова освіта’ (Diia Digital Education) portal has started the first classes of a course intended to improve the “crypto literacy” of Ukrainian citizens, the country’s Minister of Digital Transformation Mykhailo Fedorov announced. Quoted by the crypto news outlet Forklog,…

Emirate to launch free zone for digital and virtual asset firms

Ras Al Khaimah, one of the seven emirates that make up the UAE, is set to launch a free zone for digital and virtual asset companies as the country’s approach to the industry continues to attract global crypto players. The RAK Digital Assets Oasis (RAK DAO) will be a “purpose-built, innovation-enabling free zone for non-regulated activities in the virtual assets sector.” Applications will open in the second quarter of 2023, the statement said. The free zone would be dedicated to digital and virtual assets service providers in emerging technologies, such…

ECB Says Digital Euro Will Be Free, Outlines More Plans

The ECB believes that the digital euro answers the increasing preference for digital payment. Speaking to a European Parliament committee on the 23rd of January, an executive board member of the European Central Bank (ECB), Fabio Panetta, revealed that the digital euro will be free to use. The central bank has been committed to developing the digital version of a central bank currency. Upon its successful launch, the central bank digital currency (CBDC) will extend payment options beyond cash offerings. In a statement, the executive board member noted that the…

Space Odyssey Loyalty Program by BitSpinCasino Dishes Out up to 15% Weekly Cashback & 300 Free Spins – Promoted Bitcoin News

Get rewarded for reaching new levels in the loyalty program by playing games and earning loyalty points. Casino loyalty programs have evolved through the changing paradigm of the casino industry. Digitalization has provided the arena of chance-based gaming the mobility to fit right onto the handheld devices of players. Registered members that reach the VIP levels can passively earn cash prizes, cashback, Free Spins & other bonuses, while not even being aware that they might be getting rewarded simply for playing their favorite games. Space Odyssey: A VIP Loyalty Program…

Free Talk Live Co-Host Ian Freeman Found Guilty in Federal Crypto Trial – Bitcoin News

After close to two years, following the U.S. federal government accusing the Crypto Six of unlicensed money transmission, the case is seemingly coming to an end. According to multiple reports, Keene resident and libertarian activist, Ian Freeman, the last member of the Crypto Six case to be tried, was found guilty on all counts which included unlicensed money transmission, money laundering, and tax evasion. Freeman faces eight years in prison but he was not taken into custody on Thursday afternoon (ET). Reports detail that he must appear for sentencing on…

How Exchanges Can Be Free of Risk

Although most equities and traditional commodities today are not primarily represented on blockchains, a few are, such as by the Swiss exchange Sixth. In this system, however, to address settlement and custody risk all assets traded are held on blockchains. For instance, when the pair being traded is bitcoin against dollars, bitcoin is, of course, already on a blockchain and dollars would be on a dollar stablecoin blockchain. As part of the process of submitting a bid or ask, the asset is transferred to a wallet on the native blockchain…