Brigadier Hareb Al Shamsi, Director of Criminal Investigation for Research and Investigation Affairs at Dubai Police, and Ola Doudin, CEO of BitOasis, signed the MoU during a formal ceremony attended by representatives from both sides.
The Series A round was led by Borderless Capital, with additional support from SOVO Ventures, Mapleblock, and Algorand Ventures, among others. The funding aims to enhance Folks Finance’s ability to address liquidity fragmentation in the DeFi ecosystem, particularly through its flagship xChain application.
The U.S. Securities and Exchange Commission (SEC) has initiated the reimbursement process for investors affected by the failed blockchain project BitClave, nearly two years after announcing its plans. The decision
Roy pointed out that while the concept of a Bitcoin reserve might offer strategic advantages, it falls short of solving the federal government’s ballooning debt problem, which has grown nearly exponentially since the 1980s.
RBI Governor Shaktikanta Das has expressed willingness to provide technical support to countries interested in setting unified international standards for cross-border payment systems. This aligns with India's efforts to promote interoperability and efficiency in global financial transactions.
