a16z to close London office to focus on U.S. crypto market: report

Andreessen Horowitz, the Silicon Valley-based venture capital giant, is planning a pullback from the crypto investing market in the United Kingdom, the Financial Times has reported. Per the report, the crypto arm a16z is closing its London office, with the move set to see the venture capital firm refocus on the crypto investing market in […]

Bitcoin strategic reserve left hanging even as Trump takes office, what next?

Bitcoin hit a new all-time high in anticipation of Trump’s inauguration and prioritization of crypto, however the event disappointed many traders. BTC has since corrected to $105,000 on Tuesday. US-based crypto assets could face volatility in the weeks ahead if the Bitcoin strategic reserve and other promises made pre-election are left unfulfilled.  Bitcoin missing from […]

Kenya mulls local office mandate for crypto providers: report

Kenya is considering a policy that would require crypto providers to establish local offices in an effort to enhance regulatory oversight. Kenya is mulling a new policy that would require crypto businesses to open local offices, aiming to tighten oversight of the country’s fast-growing virtual asset industry, Bloomberg has learned, citing a draft law on […]

Aptos expands presence in Middle East with regional Abu Dhabi office

Aptos Foundation is opening a regional office in Abu Dhabi in a bid to foster partnerships and support projects focused on the Aptos ecosystem. Aptos Foundation, the organization behind the Aptos (APT) blockchain, is opening a regional office in Abu Dhabi’s Abu Dhabi Global Market, marking its first expansion into the Middle East. In a […]