Chain News Daily Official TheBitTimes.com

Postwar plans being drawn up by Donald Trump’s administration will reportedly see the US offer Palestinians digital tokens in exchange for “voluntarily” leaving their land in Gaza. As reported by The Washington Post, the so-called “GREAT Trust Proposal,” would see vacant land redeveloped into a number of mega-projects, including six to eight “AI-powered, smart cities,” an “Elon Musk Smart Manufacturing Zone,” and “Trump Riviera,” inspired by Dubai’s man-made Palm Islands.  Those who agree to trade their land for tokens will be allowed to return to Gaza 10 years later , once the redevelopment is finished, and exchange them for “ownership of rebuilt residences.”  Screenshot taken from the GREAT Trust PDF outlining its plans with messy AI visuals. Read more: Max Keiser thinks bitcoin will stop Israel displacing Palestinians By doing this, the trust estimates it would save $23,000 per person that would otherwise be spent on temporary housing for those choos...

Binance is now officially allowed to offer crypto services to institutional and qualified retail investors in Dubai. Major cryptocurrency exchange Binance has reached another milestone in relationships with regulators in the United Arab Emirates by winning a new license in Dubai. Binance’s Dubai-based subsidiary, Binance FZE, has obtained the Operational Minimum Viable Product (MVP) license from Dubai's Virtual Asset Regulatory Authority (VARA), the firm announced on July 31. The new license officially allows Binance to operate two activities, including cryptocurrency exchange services and virtual asset broker-dealer services. The services enabled by the license are currently limited to institutional and qualified retail investors in Dubai, Binance noted. Eligible investors in Dubai will now be able to access authorized services like crypto-to-fiat exchange compliant with the intergovernmental Financial Action Task Force (FATF). “Institutions and residents that qualify to use the ...