What Dubai’s Ban on Monero and Zcash Signals for Regulated Crypto

Key takeaways Dubai does not criminalize privacy coins yet has ordered them to be removed from regulated financial channels. This means licensed firms in the DIFC can no longer trade, promote or package them into investment products. From a compliance perspective, privacy-by-default features conflict with AML and sanctions frameworks that require transaction visibility, making certain…

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What Dubai’s Ban on Monero and Zcash Signals for Regulated Crypto

Key takeaways Dubai does not criminalize privacy coins yet has ordered them to be removed from regulated financial channels. This means licensed firms in the DIFC can no longer trade, promote or package them into investment products. From a compliance perspective, privacy-by-default features conflict with AML and sanctions frameworks that require transaction visibility, making certain…

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Base Fixes Transaction Delays After Config Error, Maintains L2 Lead

Coinbase’s Ethereum layer-2 network Base said recent slow or missing transactions were caused by a configuration error that has been fixed. Over the weekend, Base users experienced elevated transaction drops and delays in getting transactions included onchain. Despite the slowdown, blocks continued to be produced and the network remained operational, suggesting that the incident didn’t…

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Bitwise to Acquire Chorus One as Crypto Staking Demand Accelerates

Bitwise Asset Management is reportedly acquiring institutional staking provider Chorus One, extending its push into cryptocurrency yield services. The acquisition adds a major staking operation to the crypto asset manager’s platform as demand for onchain yield products increases among both retail and institutional investors. Chorus One provides staking services for decentralized networks and currently has…

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Ethereum Dust Attacks Have Increased Post-Fusaka

Stablecoin-fueled dusting attacks are now estimated to make up 11% of all Ethereum transactions and 26% of active addresses on an average day, after the Fusaka upgrade made transactions cheaper, according to Coin Metrics.  Ethereum is now seeing more than 2 million average daily transactions, spiking to almost 2.9 million in mid-January, along with 1.4…

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