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**Cryptocurrency News:**
• U.S. cryptocurrency exchange Kraken is expanding into the Middle East and will open its regional headquarters in Abu Dhabi after receiving a full license to operate a regulated trading platform in the UAE.
• Tennessee is seeking a contractor to hold cryptocurrencies on its behalf.
• Uno Re, a decentralized insurance platform, launched a cover portal today that enables DeFi users to immediately insure their crypto-assets, it said in a news release.
• Nearly $3 billion worth of seized bitcoin will absolve Ross Ulbricht of his $183 million debt to the United States government.
• Binance reportedly agreed to share user information with a Russian agency that collects and analyzes information about financial transactions as the crypto exchange seeks to enjoy better relations with governments around the world. Binance has since denied these allegations.
• The Panamanian Legislative Assembly’s economic affairs committee approved a bill regulating the use of cryptocurrencies in the Central American country.
• A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 Russian regions, will be used to help rebuild Ukraine.
• A Korean metaverse startup, Doubleme, is said to have raised $25 million in a Series A round that saw the leading South Korean electronics manufacturer Samsung Electronics take part.
• Russia’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the important role the new currency is going to play for Russia under sanctions.

** CoinMarketCap Top 10 Trending Cryptos:**
1. GMT
2. APE
3. EHX
4. GST
5. CAKE
6. MOOV
7. SHIB
8. SOL
9. JASMY
10. BNB

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