Another week, another recap! Missed some news or unsure about the most important stories from the past week? Don’t worry, we’ve got you covered:
Abu Dhabi Bans Crypto Mining on Farmlands with 100K Dhs Fine. Authorities in Abu Dhabi have banned crypto mining on farmland, warning of fines up to AED 100,000 for energy misuse and violations.
Swedish Lawmakers Propose Strategic Bitcoin Reserve. A group of Swedish politicians has suggested the country create a national Bitcoin reserve to protect against global financial risks.
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Solana Cofounder Expects a Battle Between TikTok and Pump.Fun. Solana cofounder Raj Gokal hinted at a showdown between meme coin creators using Pump.fun and platforms like TikTok in shaping culture.
Russian Police Dismantle Massive Illegal Crypto Mining Network in St. Petersburg. Police shut down a huge illegal crypto mining operation in St. Petersburg, seizing thousands of rigs running on stolen electricity.
Malaysia’s Exciting 1st Stablecoin Islamic Digital Bank. Malaysia is set to launch its first Sharia-compliant stablecoin bank, aiming to blend crypto innovation with Islamic finance values.
From Sweden’s Bitcoin reserve proposal to Abu Dhabi’s mining ban and Malaysia’s Islamic stablecoin bank, crypto is blending with culture, law, and national policy. And with meme coins entering the mainstream, the lines between finance and entertainment keep fading.
