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Russia’s Largest Private Bank Launches Digital Asset Platform


Alfa-Bank, one of the major Russian banking institutions, has established its own platform for digital financial assets. The launch became possible after Russia’s monetary authority added Alfa-Bank to its register of digital asset issuers this week. Privately-Owned Alfa-Bank Sets Up Digital Asset...

Venom Foundation Is Boosting MENA Crypto Adoption


Today’s entrepreneurs in the MENA area are regarded as the forerunners in adopting global crypto trends; thus, enterprises must explore decentralization for commercial, governmental, and social initiatives. The first cryptocurrency foundation in the ADGM with permission to run a blockchain...

Japanese Trust Banks Likely to Gain Permission to Handle Crypto from Autumn


Japan is set to allow trust banks to manage cryptoassets – after a top financial regulator announced plans to roll out legislation that could become legally binding later this year. The newspaper Nikkei reported that the Financial Services Agency (FSA), the body that polices both the banking...

UAE Charitable Foundation Receives Approval to Accept Crypto Donations


Al Jalila Foundation, the United Arab Emirates charitable organization, recently announced that it has been given permission to accept cryptocurrency donations. Accepting cryptocurrencies makes it possible for the foundation to receive funding via what is described as one of the fastest-growing...

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