CoinMENA Blog

This week, the ETH ETF gets approved and trading will commence immediately. There are also rumors of the U.S. adopting bitcoin as a treasury reserve asset, and CoinMENA has released a new feature allowing users to send USDT via Tron with zero fees!

This week, the German government sold a significant portion of its bitcoin holdings, much to the dismay of one of its members of parliament. ETFs were unfazed by their first 20%+ BTC market downturn and bought the dip.

This week, Circle became the first stablecoin issuer to obtain a license under the EU’s MICA crypto rules, Japan’s Microstrategy buys more bitcoin, and our blog of the week examples of why 20% bitcoin drawdowns are common during a bull run.

This week, Standard Chartered is doubling down crypto and will launch a spot trading desk, the SEC drops their lawsuit against the Ethereum Foundation, and more companies are following the Microstrategy in adding bitcoin to their corporate treasuries.

This week, the UAE approved a new licensing scheme for AED stablecoins, fintech giant Robinhood to acquire crypto exchange Bitstamp, and BlackRock BTC holdings surpass 300,000!

his week, Abu Dhabi supports bitcoin mining—just not on farmland; Australia launches its first spot bitcoin ETF; pension funds start allocating to bitcoin; and our blog of the week explores why bitcoin wrecks your hurdle rate.

This week, the Ethereum ETF got approved, crypto became a major issue in U.S. politics potentially shaping the presidential election outcome, and research shows that 13 of the largest 25 hedge funds in the U.S. have bitcoin in their portfolios.

This week, Tether announced record profits and bought more bitcoin, the GBTC ETF experienced its first day of positive net inflows since launching in January, and USDT on Ton reached 100 million in circulation just 2 weeks after launching!

This week, CoinMENA became the first in the region to enable USDT withdrawals via Telegram’s The Open Network (TON) just 10 days after Tether announced USDT is coming to TON.