Global

In a groundbreaking decision, the Dubai Court of First Instance has validated the use of cryptocurrency for salary payments under employment contracts. This ruling marks a significant departure from previous judicial attitudes, signaling a growing acceptance of digital currencies within the UAE’s legal and economic landscape.

Hong Kong is making significant strides in the regulation of stablecoins, with the Hong Kong Monetary Authority (HKMA) recently announcing the first participants in its stablecoin issuer sandbox.

The DOGS meme coin, inspired by Spotty—the beloved mascot of VK, the Russian social media giant created by Pavel Durov—has generated significant buzz in the cryptocurrency community.

Chainlink (LINK) has been trading around the $10 mark for several days, reflecting a notable 25.91% drop over the past month. This persistent decline has left investors and traders alike watching closely for signs of recovery or further decline.

U.S. Senator Ted Cruz has notably increased his investment in Bitcoin, as revealed in his recent official financial disclosure dated August 13, 2024. Cruz's Bitcoin holdings have surged to as much as $100,000, demonstrating a significant escalation from his initial investment made on January 25, 2022.

Poodlana, the rapidly growing meme coin on Solana, is set for an exciting debut on Raydium this Friday. Following a highly successful token sale that has raised over $7.9 million, Poodlana is poised to make a significant impact in the cryptocurrency space.