Daily Archives: 27/09/2024

Dubai authorities tighten requirements for advertising crypto assets

Dubai’s Virtual Assets Regulatory Authority (VARA) has required cryptocurrency companies providing services in the United Arab Emirates to include a disclaimer in their advertisements. Starting from October 1, all virtual asset service providers (VASPs) in the UAE are required to clearly and intelligibly display in their advertising their disclaimer of liability for the risks associated with cryptocurrency investments. “VASP disclaimers must clearly state that virtual assets may lose all or part of their value, are…

Hamster Kombat Tokens Drop 32% in First Three Hours of Trading

Three hours after trading began on eight exchanges, HMSTR tokens fell in price to $0.008471, 32% below the initial level. Trading volume in the first hour was $251 million. Trading on the exchanges began simultaneously with the airdrop – the distribution of tokens to users of the clicker game. The Wallet built into Telegram encountered malfunctions, and Binance users complained that they were unable to create a sell order or even log into their accounts.…