FTX’s former general counsel, Can Sun, and former Alameda Research software developer Armani Ferrante have teamed up to start Trek Labs, a Dubai-based company that recently obtained a license from the Virtual Assets Regulatory Authority, or VARA, which regulates digital assets in the emirate, the Wall Street Journal reported last week.
Bitcoin (BTC) Holds Near $63K, Consolidating Week’s Recovery
Bitcoin traded either side of $63,000 during the European morning on Friday having retreated from its rebound to $64,400 late...