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In a significant enforcement action, Dubai’s Virtual Assets Regulatory Authority (VARA) announced on Wednesday that it has issued cease-and-desist orders and imposed fines on seven entities operating without the necessary licenses and violating marketing regulations.

Pepe (PEPE), the popular memecoin, finds itself in a pivotal position that could dictate its short-term price trajectory.

On Thursday, Ripple, the U.S.-based blockchain startup known for its cryptocurrency XRP, announced a significant expansion into the realm of crypto custody.

OKX, a prominent cryptocurrency exchange, has officially launched its AED-denominated trading service in the United Arab Emirates (UAE) following full regulatory approval from the Virtual Assets Regulatory Authority (VARA).

Despite being viewed as a cryptocurrency with strong potential this market cycle, Dogecoin (DOGE) has recently experienced a notable decline in value. Currently priced at $0.10, DOGE has seen a 2.50% drop over the past 24 hours.

BitMEX, a leading cryptocurrency exchange based in Seychelles, has expanded its offerings with the introduction of automated trading bots. These bots allow users to implement customizable strategies for trading various cryptocurrencies.