UAE exempts cryptocurrency transfers, conversions from value-added tax
The UAE, particularly through its Dubai and Abu Dhabi financial hubs, continues to introduce initiatives and regulatory frameworks to attract…
Indonesia enters top 3 countries by crypto adoption, replacing Vietnam: Chainalysis
Indonesia has entered Chainalysis’ global crypto adoption index for the first time, climbing into the top 3 as global crypto…
Illicit crypto activity drops 20%, but stolen funds surge, Chainalysis says
Analysts at Chainalysis say illicit blockchain activity has dropped nearly 20% YTD, yet stolen funds and ransomware inflows continue to…
Web3 casinos amassed $5b in crypto from 4k wallets in 2023 alone, data shows
On-chain data shows that around 4,000 wallets enriched web3 casinos and gambling websites with $5 billion worth of crypto in…
