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Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

US Government Launches “Tech Force” with Support from Coinbase, Robinhood, and Tech Giants

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Cryptonite UAE

The U.S. government has officially introduced the “Tech Force,” a strategic initiative designed to bridge the widening technical skills gap within federal agencies. By partnering with nearly 30 private-sector leaders—including crypto heavyweights Coinbase and Robinhood—the program aims to modernize the government’s capabilities in artificial intelligence, cybersecurity, and software engineering. Tapping Private Sector Talent for Public … Read more

Bitcoin Holds Firm Near $85k as Long-Term Holders Offset Short-Term Volatility

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Cryptonite UAE

Bitcoin is currently navigating a period of price pressure, hovering just above the $85,000 mark. Despite a recent pullback from higher levels, the market is defined by a tug-of-war between steady institutional accumulation and the sensitivity of short-term traders. Institutional Resilience Amid the Dip Data from Glassnode reveals that public companies are continuing to expand … Read more

Bhutan’s Bold Leap: Sovereign Bitcoin and Gold Tokens to Power “Mindfulness City”

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Cryptonite UAE

Bhutan has announced a landmark commitment of 10,000 BTC (approximately $1 billion) to fund the development of Gelephu Mindfulness City (GMC). This sovereign digital asset pledge, unveiled by King Jigme Khesar Namgyel Wangchuck during his National Day Address, positions the Himalayan kingdom as a global leader in integrating cryptocurrency with national infrastructure. A New Model … Read more

Bank of Canada Sets High Bar for Stablecoin Regulation

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Cryptonite UAE

The Bank of Canada is moving toward a strict regulatory framework for stablecoins, with Governor Tiff Macklem emphasizing that these digital assets must function as reliable currency rather than speculative investments. As the federal government prepares to introduce formal legislation in 2026, the central bank’s focus is on ensuring consumer protection and financial stability. Core … Read more

Trump Signals Bipartisan Openness for Financial Regulators to Advance Crypto Legislation

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Cryptonite UAE

President Donald Trump indicated this week that he is willing to nominate Democrats to fill vacancies at the SEC and CFTC, a move seen as a strategic pivot to break the legislative deadlock over cryptocurrency regulation. Speaking from the Oval Office on December 15, Trump acknowledged that he is open to “sharing power” in specific areas. This … Read more

Russia Solidifies Ban on Crypto Payments, Restricting Use to Investment Only

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Cryptonite UAE

Anatoly Aksakov, a high-ranking official in the Russian State Duma, recently confirmed that Russia will maintain a strict ban on using cryptocurrencies for everyday transactions. While digital assets like Bitcoin and Ethereum are permitted as investment vehicles, they will not be recognized as legal tender. Key Takeaways from the Regulatory Shift: Rubles Only for Trade: … Read more

Pi Network Price Struggles as Bearish Trend Persists

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Cryptonite UAE

The Pi Network token continues its downward trajectory, characterized by a slow, controlled decline rather than a sudden market crash. Recent price action on the 4-hour chart reveals a market struggling to find its footing, with buyers remaining largely inactive. Market Sentiment: Slow Bleed over Sharp Drop Unlike high-volatility sell-offs driven by panic, Pi’s current … Read more

Tajikistan Cracks Down on Crypto Miners Stealing Electricity

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Cryptonite UAE

Tajikistan’s Parliament recently approved significant amendments to the Criminal Code to impose stiff penalties on cryptocurrency miners who steal electricity. The revisions, presented by Attorney General Khabibullo Vokhidzoda, address the ongoing problem of power theft by miners, which authorities state contributes to regional power outages and substantial damages. Penalties (Article 253(2)): Offenders face fines ranging … Read more

Gemini Launches Prediction Market Across All 50 US States: A New Era for Financial Innovation

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Cryptonite UAE

Gemini has officially launched its prediction market product, Gemini Predictions, making the platform available across all 50 US states. This significant rollout provides users with a regulated and accessible platform to trade on the outcomes of real-world events. The launch of Gemini Predictions underscores the exchange’s substantial regulatory progress and ambitious market expansion goals. By … Read more

Sberbank Confirms Testing Multiple DeFi Products Amid Growing Customer Crypto Demand

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Cryptonite UAE

Russia’s largest bank, Sberbank, is actively experimenting with various Decentralized Finance (DeFi) products and infrastructure in response to rapidly increasing client interest in crypto trading and digital asset holdings. The bank’s Management Board Vice Chairman, Anatoly Popov, confirmed this development, stating that Sberbank is integrating DeFi exploration into its broader digital asset strategy. Key Drivers and … Read more

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