SCA trading is now live on Kraken, enabling users to lend and borrow using the Scallop DeFi protocol on the Sui blockchain. Ensure deposits are made on supported networks. More assets will be added in the future, with details released later.

Key Takeaways: Bybit has received the first-ever full Virtual Asset Platform Operator License from the UAE’s Securities and Commodities Authority (SCA). The license allows Bybit to offer regulated trading, brokerage, custody, and fiat conversion for both retail and institutional clients. The

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced that it has officially secured the Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE). Bybit becomes the first crypto exchange to

ByBit has become the first cryptocurrency exchange to obtain an SCA license in the UAE, enabling it to offer regulated trading and other services. This milestone signifies ByBit's commitment to compliance and highlights the UAE's leadership in digital asset regulation amid global complexities.

Daily selected Web3 news by Bitpush editor: [UAE Refutes Rumor: "Golden Visa Not Applicable to Cryptocurrency Investors"] According to Bitpush news, reports from Abu Dhabi state that the Federal Authority for Identity and Citizenship (ICP), Securities and Commodities Authority (SCA), and Virtual Assets Regulatory Authority (VARA) issued a joint statement denying false reports regarding the UAE issuing golden visas to digital currency investors. ICP clarifies that the Golden Visa does not include cryptocurrency investors, but is applicable to qualified categories such as real estate investors and entrepreneurs. SCA emphasizes its commitment to regulating the financial industry and securities services, while VARA denies the claim of issuing Golden Visas to Dubai virtual asset investors and warns investors to obtain information from reliable official sources to avoid misinformation or fraud. Three regulatory agencies jointly urged the public and investors to act cautiously and refer to government official websites and approved sources.

The United Arab Emirates has launched the Middle East's first financial influencer license, which aims to regulate digital financial content, protect investors and promote market transparency. (Synopsis: Crypto public hearing directly hits] The FSC responded to Huang Shanshan's version of the draft "Naguan KOL": can punish cooperative companies, Internet celebrity licenses and re-study) (Background supplement: Observation" Internet celebrity slip sister Hailey Welch from "MEME queen" to meme coin sacrifice) United Arab Emirates Securities and Commodities Authority (SCA) Recently, it announced the launch of the first "financial influencer" (Finfluencer) license system in the Middle East, which supervises the content of fast-growing influencers promoting digital finance and strengthens investor protection. UAE's first financial influencer license People are often faced with financial information on social media, and "financial influencers" have become an important reason for influencing investment decisions. For this reason, the SCA rate of the UAE

Techub News reports that Binance Alpha has added SCA.

CoinVoice has learned that, according to the official page, Binance Alpha has launched Scallop (SCA).

Sovereign wealth funds are increasingly interested in Bitcoin due to US legislation, driving institutional investment. Anthony Scaramucci sees Bitcoin as a hedge. The legislative changes in the US are shaping Bitcoin's institutional narrative, leading to increased demand and higher prices. This shift is solidifying Bitcoin as a legitimate asset class amidst growing institutional interest.

Arbitrum gains developer traction with Stylus and Orbit, strengthening its role as a high-throughput Ethereum Layer 2 solution. Immutable X enables gas-free NFT operations via zk-rollups, offering scalability to content creators and gaming companies. Starknet leverages STARK proofs to increase sca

The UAE Securities and Commodities Authority (SCA) has appointed His Excellency Waleed Saeed Abdul Salam Al Awadhi as its new Chief Executive Officer, following a decree issued by His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE. Effective from February 4, 2025, Al Awad

The UAE SCA seeks comments on draft regulations for securities and commodity tokens until Feb. 14, 2025. Securities tokens include stock, bond, and sukuk tokens, while commodity tokens include gold and oil tokens, and both are built on blockchain technology.

UAE's SCA seeks feedback by Feb 14, 2025 on draft regulation for security & commodity token contracts including equity, bond, sukuk, gold, oil, etc. built on Blockchain/DLT platforms.

According to reports, Oddo BHF SCA is developing a euro-denominated stablecoin. The financial group, headquartered in Paris, anticipates that the token will be released next year, although it is subject to regulatory approval. The initiative will bring the company into an increasingly crowded

> By leveraging a modular smart contract account stack, wallet providers and dApps can escape the complexity of technical maintenance. Written by: Rui Compiled by: Deep Wave TechFlow Original English report published in September 2023 introduce The shift from Externally Owned Accounts (EOA) to Smart Contract Accounts (SCAs) is booming and is supported by many enthusiasts, including Vitalik himself. Despite the excitement, SCA adoption has not been as widespread as EOA. Key issues include bear market challenges, migration concerns, signature issues, gas overhead, and most critically, engineering challenges.

The shift from externally owned accounts (EOA) to smart contract accounts (SCAs) is gaining momentum and is already supported by many core entrepreneurs, including Vitalik. Despite this, the adoption of SCA has not been as widespread as that of EOA. Key issues include the impact of the bear market, the difficulty of migrating EOA to SCA, signature issues, high gas costs, and most critically, development challenges. The most significant advantage of Account Abstraction (AA) is the ability to customize functionality using code. However, the non-interoperability of AA functionality presents a major challenge, as this fragmentation hinders AA integration and reinforces vendor lock-in. In addition, it is also an important challenge to ensure security while being upgradable and composable. The emergence of modular account abstraction is a subdivision of the AA trend, an innovative way to integrate smart accounts with custom functions.

Author: Rui S, SevenX Ventures; Compiled by: Deep Wave TechFlow introduce The shift from Externally Owned Accounts (EOA) to Smart Contract Accounts (SCAs) is booming and is supported by many enthusiasts, including Vitalik himself. Despite the excitement, SCA adoption has not been as widespread as EOA. Key issues include bear market challenges, migration concerns, signature issues, gas overhead, and most critically, engineering challenges. One of the most important advantages of Account Abstraction (AA) is the ability to customize functionality using code. However, a major engineering challenge is the non-interoperability of AA functionality, and this fragmentation hinders integration and opens the door to vendor lock-in. Additionally, ensuring security when upgrading and combining features simultaneously can be complex. Modular account extraction...