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UAE regulator revokes FTX license amid the exchange collapse

In an announcement posted on its official website, VARA mentioned that it has revoked the approval of FTX MENA’s Minimum Viable Product (MVP) license. Citing the bankruptcy filing of FTX-related entities including FTX exchange and Alameda Research, VARA confirmed that FTX MENA’s license was suspended before any clients were exposed.

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Source: Cryptocurrency - investing.com

ECB accounts show inflation fears justifying more rate hikes

Euro area inflation likely near its peak, ECB’s De Guindos says