Prediction-market operators are bringing trading infrastructure in-house, a rapid shift that could trigger a wave of acquisitions across crypto platforms, sportsbooks, brokerages and standalone exchanges, according to analysts at Bernstein.
In a research report on Monday, Bernstein said the industry is going through “operational consolidation,” with major platforms moving to control more of the prediction-market stack.
“Every consumer platform that matters has merged the front and back end of the prediction-market stack,” they said. This includes distribution, brokerage, exchange and clearing. That convergence had placed businesses that historically operated in separate industries within a single competitive landscape.
Bernstein pointed to Robinhood routing major World Cup contracts through Rothera, the exchange it jointly owns with Susquehanna, and DraftKings launching DKeX and moving volume away from CME and Crypto.com infrastructure. The firm also cited Coinbase’s acquisition of The Clearing Company and its launch of event contracts as evidence that consumer platforms are seeking to control more of the prediction-market stack.
Owning the infrastructure allows platforms to retain fees that previously flowed to outside partners, making acquisitions a faster route to distribution, licenses, or completing missing parts of the stack. However, the same convergence that strengthens the case for consolidation could also heighten state and federal scrutiny by further blurring the regulatory boundary between financial trading and gambling.
Timeline of acquisitions. Source: Bernstein
Regulatory clash could constrain consolidation
Bernstein said regulatory scrutiny remains one of the main barriers to larger integrations across the prediction-market sector.
While combining crypto platforms with brokerages, sportsbooks and exchanges could improve margins and reduce reliance on outside partners, Bernstein said such deals could attract antitrust scrutiny and deepen disputes over whether sports event contracts should be regulated as financial derivatives or gambling products.
Related: About 60% of World Cup bettors on Polymarket are first-time crypto users
That could further stoke the jurisdictional conflict already playing out across several states. Minnesota enacted what the Commodity Futures Trading Commission (CFTC) described as the first outright ban on prediction markets, while Illinois adopted legislation requiring platforms to obtain a state license before offering sports event contracts.
Valuation of online sports books compared to leading prediction markets. Source: Bernstein.
Kalshi challenged both states’ restrictions, arguing that federally regulated exchanges fall under the CFTC’s exclusive authority.
The growing resistance suggests that consolidation may make commercial sense but remain difficult to execute until regulators and courts settle where federal derivatives oversight ends and state gambling authority begins.
Magazine: Bitcoin slides to $58K, XRP hits $1 but onchain data promising: Market Moves
Ethereum co-founder Vitalik Buterin published a technical essay outlining how cryptography could one day enable people to vote privately onchain without relying on a trusted group to manage ballots or reveal the result.
In a blog post on Monday, Buterin said a cryptographic approach called indistinguishability obfuscation (iO), combined with blockchain infrastructure, could support private and collusion-resistant voting with “almost no trust assumption.” The approach would replace threshold committees, which jointly decrypt voting data, with protected programs designed only to reveal the outcome.
Private onchain voting remains dependent on groups of operators safeguarding information and behaving honestly. Removing that dependency could make decentralized governance harder to manipulate, reduce the risk of insider interference and allow voters to participate without exposing how they voted, according to Buterin.
However, Buterin said the technology remains impractical. He said the most conservative constructions require what he described as “galactic” amounts of computation. He said faster approaches rely on less-tested security assumptions, which means that the idea presents a more long-term research direction rather than a deployment-ready system.
Source: Vitalik Buterin
How indistinguishability obfuscation could protect onchain votes
According to Buterin, iO is a form of cryptography that turns software into a protected program. People can run the program and receive the intended output, but they cannot inspect its internal code or extract the data stored inside it. Buterin described the concept as hiding the code rather than the information being processed.
For onchain voting, Buterin said an obfuscated program could contain the logic needed to process encrypted ballots and reveal the final tally without exposing individual votes, essentially removing the need for a threshold committee whose members collectively hold the keys required to decrypt the result.
Buterin said blockchains would still play a key role because an obfuscated program cannot prevent itself from being copied or independently maintain changing information.
Related: Ethereum whale who shorted October 2025 crash opens $19.7M ETH short position
Buterin’s broader privacy push
Buterin previously connected iO with private voting in his Ethereum roadmap published in October 2024. He said the approach could provide stronger privacy and resistance to coercion. His latest essay expands on that earlier proposal by examining how the underlying cryptography could be constructed, the security assumptions it requires and the technical barriers preventing it from becoming practical.
In April 2025, Buterin proposed a more immediate privacy roadmap for Ethereum, calling for privacy tools to be integrated into existing wallets. The proposal also advocated for stronger protections against data collection by infrastructure providers that wallets use to access Ethereum.
Buterin also drew funding from his personal holdings to fund privacy-preserving technologies. On Jan. 30, he earmarked 16,384 Ether (ETH), worth about $45 million at the time, to fund initiatives focused on privacy, open infrastructure and self-sovereign tools.
Magazine: Japanese pension fund tips 1% in crypto, G7 urges action on NK hackers: Asia Express
Bitcoin (BTC) nears the end of June and Q2 2026 threatening to lose $60,000 support — can RSI divergences save bulls?
Key points:
Bitcoin RSI data is printing key bullish divergences that were absent from previous dips in 2026.
Traders remain concerned about a support collapse as analysis makes a key 2022 bear-market comparison.
Macro data hinges on the labor market and Iran peace deal, with a potential crypto tailwind due.
Where June fails, July historically comes through for Bitcoin bulls.
Onchain data sees Bitcoin’s “first bottoming flag” already present.
Bitcoin RSI divergence stands out in 2026 bear market
A classic BTC price leading indicator continues to boost the odds of a recovery as June comes to an end, TradingView data shows.
BTC/USD one-week chart with daily, weekly RSI. Source: Cointelegraph/TradingView
As Cointelegraph reported, relative strength index (RSI) cues across multiple time frames are locking in bullish divergences with price.
“$BTC is printing a bullish RSI divergence while a potential double bottom forms,” Bitcoin whale Gerla, owner of the Gerla trading group, told X followers about the four-hour chart on Sunday.
“This is getting interesting.”
BTC/USD four-hour chart with RSI data. Source: Gerla/X
The sense of anticipation is increasing across the trading community, with pseudonymous trader and commentator Heisenberg noting a key divergence between Bitcoin’s latest macro lows and previous dips in 2026.
“Small sample size but still noteworthy. Notice the last two oversold RSI divergences (in orange) formed bottoms,” they wrote alongside a chart on X.
“The last two recent drops (in blue) had no RSI divergences… UNTIL NOW… Is this the one?”
BTC/USD one-day chart with RSI data. Source: Heisenberg/X
RSI divergences have accompanied some of the most significant trend changes in Bitcoin history, including the end of its previous bear market in late 2022.
$60,000 sparks mid-2022 comparison
Bitcoin saw modest upside as the week began after sealing a weekly close below $59,500 — its first since September 2024. $60,000 is now increasingly acting as resistance, with bulls unable to exert significant momentum.
“Quite funny enough, this is not a bad start of the week for Bitcoin as it bounces upwards,” crypto trader and analyst Michaël van de Poppe responded in his latest X analysis.
“We need to see way more momentum, and a clear break above $61,000, however, the bullish divergence is there and shouldn’t be ignored.”
BTC/USDT 12-hour chart with RSI, volume, MACD data. Source: Michaël van de Poppe/X
With the monthly and quarterly closes approaching, trader Killa suggested that upcoming BTC price action would be particularly significant within the long-term trend.
“A few more days and $BTC reaches my 5th pivot. For the past 18+ months, we’ve consistently seen major directional shifts around this point at the start of each month,” the explained on Monday.
“Whether it’s a pivot low or a pivot high, this is a key time to start paying close attention.”
BTC/USD chart. Source: Killa/X
Data from monitoring resource CoinGlass puts June losses for BTC/USD at nearly 19% — the worst since the 2022 bear market and the sharpest of the year so far.
On the fate of $60,000, meanwhile, commentator Exitpump argued that patience was required.
“Significant support and resistance levels rarely break on the first attempt. They usually require a lot of time, effort, and repeated tests before finally giving way,” they wrote at the weekend.
“60K now reminds me of 30K in 2022.”
BTC/USDT one-week chart. Source: Exitpump/X
Bitcoin spent several months interacting with the $30,000 mark in mid-2022 before finally losing it as support, putting in its bear-market low around five months later.
To the upside, Exitpump expected that a “full blown bull market will be back” once $86,000 reappears.
PMI stands out for crypto in week’s macro prints
A mixed bag of US macro data makes for a “short but busy” four-day trading week to end Q2.
Wednesday will see the latest Manufacturing Purchasing Managers Index (PMI) report from the Institute of Supply Management (ISM) — a potential tailwind for crypto markets.
This continues its breakout from a multiyear downtrend, and estimates see bullish data continuing with a score of around 54, albeit with a potential mild decrease versus last month.
US manufacturing PMI data (screenshot). Source: ISM
Another focus is the labor market as the market reacts to various employment numbers, including the June nonfarm payrolls report on Thursday.
“We have a short but busy week ahead,” trading resource The Kobeissi Letter summarized in a thread on X.
Kobeissi noted that the week would start with a reaction to geopolitical developments as the US and Iran agree to discuss their fragile peace agreement.
“This week also marks the end of Q2 2026 with earnings season on the horizon,” it added.
In the latest edition of its regular newsletter, The Market Mosaic, trading resource Mosaic Asset Company suggested that seasonality could boost stocks next.
“The S&P 500 is about to enter one of the best months of the year for calendar seasonality,” it explained.
“While weakness in the back half of June is common, July ranks as the best performing month based on data going back nearly 100 years.”
S&P 500 seasonality data. Source: Mosaic Asset Company
Bitcoin has seen mixed correlation activity versus equities in recent months, with even crypto-industry analysis calling the BTC-tech stock relationship “overblown.”
“$BTC vs S&P 500 back at the level it held during the Yen Carry trade blowup and the initial June low,” trader Daan Crypto Trades observed this weekend, referring to BTC price downside triggers over the past year.
“If you believe in people trading relative values or ratios on different assets, then you will see that this is an important level to hold for $BTC relative to stocks. Because down here there is not much support left until you’re at the late 2023 pre spot ETF rally levels.”
BTC/USD vs. S&P 500 one-week chart. Source: Daan Crypto Trades/X
Analysis expects July BTC price relief
While a copycat move by Bitcoin in the face of a stocks rebound is anything but guaranteed, history favors a return to strength as July begins.
Recent research by trader and analyst Rekt Capital reveals that in previous years, July price performance tends to offer a counterpoint to what occurred in June.
“If history repeats for Bitcoin, then the pattern may be as follows for next couple of months: June ends as a red month, July could be green in response, And August could therefore be red to cancel out July’s upside completely,” he told X followers last week.
CoinGlass data confirms the divergence between June and July moves, with only three exceptions since 2013. Among them is 2025, when BTC/USD finished both months in the green.
So far this year, the pair is down 18.4% in June, its worst performance since the 2022 bear market.
As Cointelegraph reported, Rekt Capital believes that the latest bear trend still has months left to play out, with new lows possible as a result before a long-term floor is in. A chart uploaded to X put the bear market as 71% complete as of June 22.
BTC/USD one-month chart. Source: Rekt Capital/X
Bitcoin metric produces “first bottoming flag”
Opinions still differ when it comes to whether Bitcoin has already seen its bear-market bottom.
Related: Bitcoin falls under $60K, but traders anticipate 15% bounce
As Cointelegraph continues to report, market participants broadly agree that more progress is required before a convincing downtrend reversal enters.
In its latest research, onchain analytics platform CryptoQuant adds to that consensus — but with an early silver lining for Bitcoin bulls.
“Bitcoin is starting to show the first clear sign of a deeper market clean-up,” contributor I. Moreno wrote in a QuickTake blog post on Sunday.
Moreno referenced a lesser-known onchain indicator, the UTXO Block P/L Count Ratio Model. This compares the aggregate profitability of blocks of unspent transaction outputs, or UTXOs.
“In simple terms, it measures how broad the market’s profit base is beneath price. When the ratio is high, most UTXO blocks remain in profit. That usually reflects a market still carrying a large amount of unrealized gains, which also means higher distribution risk,” the post explains.
“When the ratio collapses toward the lower range, the opposite happens: profitability compresses, losses become more widespread, and the market starts moving into a more advanced reset phase.”
The Ratio currently measures 5.9, marking its lowest level since 2022 and one of its lowest on record. Moreno called it “Bitcoin’s first bottoming flag” of the current bear market.
“The main takeaway is that BTC is finally showing evidence of a meaningful internal clean-up. But if history is a guide, the market may still need to absorb more stress before the bearish phase can fully exhaust itself,” he concluded.
The crypto market enters the final stretch of the month in a perilous position with bitcoin BTC$59,851.53 still below $60,000 and ether (ETH) less than $1,600.
The bitcoin price has now lost more than 50% of its value since October’s record high, with analysts suggesting that more downside is on the cards over the coming months.
On Monday, the largest cryptocurrency is marginally in the black, rising by 0.6% since midnight UTC to $59,800 despite the broader market structure and chart formation skewing bearish.
Solana (SOL) has recovered after tumbling to its lowest point since late 2023 early this month. It has advanced by more than 13% since Thursday and 2% since midnight.
U.S. equities rose overnight as Nasdaq 100 futures traded up 1% while S&P 500 futures added 0.75%. Both indexes remain in a downtrend since setting record highs on June 15.
Derivatives positioning
Over $200 million in futures positions have been forcibly closed, or liquidated, by exchanges in the past 24 hours, with longs accounting for the bulk of the amount.
There are signs of a turnaround over the past four hours: the nearly $20 million in liquidations included $13 million in shorts. That shows how BTC’s bounce to $60,000 caught some bears off guard.
BTC’s futures market offers little excitement. Open interest (OI) is back in ranges seen earlier this month, erasing the minor pop to 775K BTC seen on Friday. Traders seem less willing to take on risk.
The same is true for ether, where OI remains locked at around 14.2 million ETH.
Open interest positioning in SOL feels relatively elevated at 72.70 million SOL, just short of the record high of over 76 million SOL set on June 24. That suggests potential for more volatility in Solana’s native token.
AVAX rose over 5% last week, decoupling from market leader BTC’s weakness. But that hasn’t been enough to draw traders into leveraged bets. OI continues to decline, standing at 38.07 million tokens, the lowest since April 1. That raises questions about the sustainability of the price gains.
The 24-hour OI-adjusted cumulative volume delta (CVD) remains bearish. Most top 25 tokens, except TRX, XMR and ZEC, show negative values, a sign that bears are leading price action by selling via market orders rather than limit orders.
Volatility indexes, though, offer some good news. The BVIV, which tracks BTC’s 30-day implied volatility, dropped 5% to 47% today, pausing its two-week upswing. That suggests a renewed bet on market calm, typically a feature of grinding upswings in spot prices.
On Deribit, BTC and ETH options continue to show a bias for puts, or downside protection. In BTC’s case, the $60,000 put now has notional open interest of nearly $1 billion, almost rivaling the $1.11 billion sitting in the $80,000 call. These two have been the key option levels for at least two months. Should prices slide below $60,000, the next big options cluster is at $50,000, with notional OI of $712 million.
Over the weekend, traders sold strangles in the July 10 expiry on HYPE options on the decentralized platform Derive, according to data tracked by Laevitas. Shorting a strangle is a bet on price consolidation.
Token talk
The altcoin market is little changed, trading in line with the biggest cryptocurrencies as traders appear apathetic toward more speculative assets until bitcoin confirms its next move.
Privacy coins dash (DASH) and zcash (ZEC) are up by more than 2% on Monday. The move comes after both assets lost between 18% and 30% in the past two weeks alone, suggesting it is more of a relief rally than a meaningful recovery.
PUMP$0.001429 lost 1.5% since midnight, joining AI token FET in the red.
CoinMarketCap’s “Altcoin Season” indicator is at 49/100, a level it has held for most of June as investors focus on bitcoin’s next move.
The locked capital needed for a MiCA spot license is relatively small, somewhere between 50,000 euros ($57,000) and 150,000 euros by class, according to Patrick Gruhn, founder and CEO of Perpetuals.com Ltd. (PDC).
What becomes costly is the license itself, which can be as high as 700,000 euros in year one and 250,000 euros a year after for a lean firm, or into the millions for a large exchange, Gruhn said via email. “Call it 12–24 months to the first authorized trade with maybe €100k lawyer fees,” he said.
As for the number of jobs that could be lost due to MiCA, no reliable estimate exists. However, many of the 80% of pre-MiCA platforms facing extinction are tiny shell entities, Gruhn said.
“That overstates the situation significantly,” Gruhn said. “And much of it is reallocation, since licensed firms have to hire compliance staff and the offshore ones don’t.”
Changing environment
Nevertheless, MiCA threatens to stifle crypto as an industry in some countries. The situation is particularly harsh in Poland, where domestic legislative delays and presidential vetoes have meant the Polish Financial Supervision Authority (KNF) has faced roadblocks in establishing a fully functional crypto application and licensing regime.
Mateusz Kara, CEO of Morphic Financial Group, which is headquartered in London and has deep roots and operations in Poland, said the MiCA deadline could “wipe out Polish crypto.”
Bitcoin BTC$59,904.96 is currently trading below $60,000, placing it in “no man’s land,” a zone where price sits between major on chain support and resistance levels. BTC has failed to reclaim several important technical and on chain thresholds, so the path of least resistance appears to remain to the downside.
Several key valuation metrics now sit above the current price. The True Mean Price, currently around $76,300, estimates the average acquisition cost of coins after adjusting for lost or inactive supply, providing a more accurate measure of the network’s economic cost basis.
The 200-Day Moving Average, at $75,500, is a widely followed technical indicator that smooths price action over the past 200 days and is often used to distinguish long term bull and bear trends. The 128-Day Moving Average, at $70,900, tracks bitcoin’s intermediate trend, while the Short Term Holder Cost Basis, at $69,600, represents the average purchase price of investors who have held bitcoin for less than roughly 155 days.
BitMEX, the troubled cryptocurrency exchange reportedly looking for a buyer, has cleared out its executive team, removing chief executive Stephan Lutz, chief financial officer Ina Steiner, and chief growth officer Raphael Polansky, CoinDesk has learned.
The firm’s former global general counsel and chief operating officer, Peter Wilkinson, has taken over as CEO. The moves were highlighted in recent postings on LinkedIn.
Wilkinson, Lutz, Steiner and Polansky did not immediately respond to requests for comment.
Crypto exchange and derivatives trading platform BitMEX was co-founded in 2014 by Arthur Hayes, Ben Delo and Samuel Reed. In 2020, BitMEX was alleged to have failed to implement adequate anti-money laundering measures in place, and later pleaded guilty to the charges. Hayes, Delo and Reed resigned shortly after the U.S. brought criminal charges.
BitMEX is presumably looking to streamline its costs and appear more attractive to prospective buyers, as an ongoing depression in digital asset prices weights on the crypto industry.
It was during the last crypto downturn in 2022 that Lutz took over as CEO from Alexander Hoeptner, who became CEO in early 2021, when Hayes and his co-founders stepped down.
The latest crypto winter has prompted numerous crypto and tech firms to shed staff.
Crypto custodian BitGo is cutting approximately 15% of its workforce, CEO Mike Belshe announced Thursday, as the company refocuses on stablecoins, settlement, and AI infrastructure following a difficult post-IPO stretch.
BitGo is cutting nearly 15% of its workforce, CEO Mike Belshe announced Thursday, as the crypto custodian restructures around what it calls its highest-priority areas.
Belshe posted the announcement on X, saying the company needs to be “sharper, more focused” and concentrate resources on five areas: security, trading, stablecoins, settlement, and AI-powered infrastructure. The cuts affect roughly 85 to 90 employees, per reports on X. BitGo, which went public roughly six months ago under the ticker $BTGO, has seen its stock fall approximately 73% since the IPO.
“The ecosystem has evolved, and the way we build financial services has changed dramatically,” Belshe wrote. “To keep winning for our clients, we need to be sharper, more focused, and concentrate our people and energy on the areas that matter most.”
BitGo went public around December 2025, joining a wave of crypto companies listing on public markets. The stock’s decline of roughly 73% from its IPO price reflects broader pressures on publicly listed crypto infrastructure firms. In Q1 2026, BitGo reported a net loss of $60.7 million. The company recently announced a $50 million share buyback program, which lifted the stock roughly 11%, though shares remained about 65% below the IPO price at the time of that announcement.
The Restructuring
Belshe described the action as a one-time event. “We don’t anticipate further reductions,” he wrote, adding that affected employees heard directly from their manager and HR before the announcement went public.
BitGo, founded in 2013, is one of the largest regulated crypto custodians globally and a major provider of wallet infrastructure, settlement services, and trading tools to institutional clients.
BitGo’s reduction follows several similar moves across crypto infrastructure in 2026. The Ethereum Foundation cut roughly 20% of its staff in a sweeping reorganization. Coinbase reduced its workforce by approximately 14%, framing the cuts around AI. Robinhood cut 10%, and Matter Labs trimmed staff while pivoting to an institutional privacy platform. Dune Analytics cut 25% as it doubled down on AI and institutional data tools.
A series of higher swing lows on hourly time frames combined with encouraging readings from the relative strength index (RSI) indicator.
On the four-hour chart, a bullish divergence was occurring, where RSI makes higher lows while price makes lower lows. This caught the attention of market participants, who began to anticipate a BTC price reversal as a result.
Uploading a chart comparing the current bear market with 2022, pseudonymous trader Rod argued that history was repeating itself.
“Once you see it, you can’t unsee it,” they wrote in a post on X.
“It’s 2022 again.”
BTC/USD one-week chart with RSI data. Source: Rod/X
At the time, a weekly RSI bullish divergence kicked in while BTC/USD set its bear-market low of $15,600 — an event that subsequently provided a durable market floor.
Four-hour RSI, meanwhile, fell to just 11.4 at the start of June, marking one of its lowest levels on record.
BTC/USD four-hour chart with RSI data. Source: Cointelegraph/TradingView
On Friday, crypto analyst Lukasz Wydra added daily time frames to the mix of RSI bull signals.
“The bullish RSI divergence on the Bitcoin chart has now been officially confirmed. It may still deepen, but at the same time we can clearly see that Binance continues to defend the price,” he told X followers.
Wydra described the RSI signals as an “encouraging sign.”
BTC/USD one-day chart. Source: Lukasz Wydra/X
New BTC price lows remain popular target
Other traders stuck to existing predictions of further downside pressure entering sooner or later.
Related: BTC price four-year trend calls for $76K as analysis says Bitcoin ‘not broken’
Niels Klaver, cofounder of crypto platform STABL Agency, repeated calls for a trip to $55,000 “before any big move” to change the status quo.
BTC/USD comparison. Source: Niels Klaver/X
Trader and analyst Rekt Capital suggested that a relief bounce could characterize the market next month thanks to July typically contrasting with June price action.
Once it confirmed the 50-month exponential moving average (EMA) as new resistance, BTC/USD would then see “August cancellation of relief and additional downside due to $60k weakening as support,” he wrote this week.
BTC/USD one-month chart with 21, 50EMA. Source: Rekt Capital/X
The Virtual Assets Regulatory Authority (VARA), Dubai’s crypto regulator, has granted its 50th virtual asset service provider (VASP) license.
On Monday, VARA said its latest approval went to tokenized assets platform Tribe Tokenisation FZE.
The milestone provides one measure of the growth of Dubai’s crypto licensing regime, though license totals alone do not show how many firms are operational or the level of business they generate.
A VARA spokesperson told Cointelegraph that holding an active license does not necessarily mean a firm has completed its commercial launch. Newly licensed companies may go through a controlled operationalization period before offering services or onboarding customers.
Related: Senate Dems urge probe into $500M crypto deal between Trumps, UAE
At the end of 2025, VARA classified 39 licensed VASPs as fully operational. The spokesperson said the regulator is validating an updated figure for 2026.
Dubai’s bid to attract crypto firms
Dubai has spent the past several years positioning itself as a global hub for digital asset businesses. As part of that effort, the emirate established VARA in March 2022 as a dedicated crypto regulator and has sought to attract crypto businesses through a standalone licensing framework.
Against that backdrop, Dubai’s 50 licensed VASPs exceed the totals reported in Hong Kong and Singapore, two other jurisdictions competing to attract regulated crypto businesses. Each jurisdiction licenses different types of crypto businesses, meaning the headline totals do not represent identical categories of firms.
As of Friday, the Monetary Authority of Singapore (MAS) listed 37 major payment institutions (MPI) authorized to provide digital payment token (DPT) services. Singapore regulates DPT services within its broader payments regime rather than through a standalone VASP regulator like VARA.
List of licensed virtual asset trading platforms in Hong Kong. Source: SFC
Hong Kong’s Securities and Futures Commission (SFC) has listed 13 formally licensed virtual asset trading platforms. The count is narrower because the regime is specifically limited to platform operators.
The VARA spokesperson attributed Dubai’s market growth to its activity-based regulatory framework and broader financial ecosystem, and said the regulator also considers transaction volumes, assets under management, employment and audited financial data when assessing market activity.
Magazine: Japanese pension fund tips 1% in crypto, G7 urges action on NK hackers: Asia Express
