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Crystal Intelligence has signed a Memorandum of Understanding (MoU) with Dubai Police’s General Department of Criminal Investigation to enhance collaboration in identifying and preventing economic crimes.

Brigadier Al Shamsi emphasized the importance of strategic partnerships in addressing the evolving complexity of economic crimes, ensuring Dubai remains a global leader in safety. Navin Gupta, CEO of Crystal Intelligence, called the partnership a significant milestone, highlighting its focus on developing innovative strategies to predict and counter digital threats.

This collaboration marks a proactive step in strengthening security frameworks and addressing future challenges in the digital economy.

Ethereum developers have introduced a new proposal, EIP-7781, aimed at improving network efficiency by reducing block times from 12 to 8 seconds. This adjustment could boost overall network capacity by 50%, enhancing transaction throughput and user experience.

The initiative, led by Ben Adams, also aims to improve rollup efficiency on Layer 2 networks and optimize the network for decentralized exchanges, potentially saving $100 million annually on transaction arbitrage costs. However, it may present challenges for solo stakers due to increased hardware and bandwidth demands.

This development is part of Ethereum’s broader strategy to maintain its leadership in blockchain scalability and usability.

Cryptocurrency regulations vary globally. The U.S. treats cryptocurrencies as property for taxes and imposes anti-money laundering measures. The EU’s MiCA framework standardizes rules, while the UK enforces consumer protections. In contrast, China has banned crypto trading and mining. Canada and Australia regulate cryptocurrencies like financial assets, focusing on taxation and compliance. As global adoption grows, countries adapt their laws to address fraud and ensure consumer safety, highlighting the importance of understanding local regulations.