Maine currently holds an impressive sum of $328 million in unclaimed property, according to publicly available official data. In a program evaluation report, it has come to light that Maine’s State Treasurer is looking to manage abandoned and recovered crypto assets. However, the report has also highlighted the state’s lack of readiness when it comes…
The cryptocurrency community is buzzing with speculation regarding the Hong Kong government’s potential launch of a spot cryptocurrency Exchange-Traded Fund (ETF). This development is occurring against the backdrop of regulatory uncertainty in the United States, introducing an intriguing dynamic to the global cryptocurrency market. Arthur Hayes, co-founder of BitMEX, has expressed his enthusiasm for this…
The new guidelines are part of the United Arab Emirates’ (UAE) efforts to be removed from the Financial Action Task Force’s (FATF) “grey list,” according to UAE attorney Irina Heaver. Recently, the Central Bank of the United Arab Emirates (CBUAE) and other regulatory bodies in the country have released updated cooperative guidelines for virtual asset…
