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Binance’s Local Exchange Receives Dubai License, Initiates UAE User Migration
27.6.2024
Binance is transitioning UAE resident accounts to its new regulated local entity, Binance FZE, following a Virtual Asset Service Provider license from Dubai’s regulator. This change will allow UAE users to access various virtual asset services locally, including AED bank deposits...
UAE regulations may ban crypto payments, warns lawyer
26.6.2024
UAE lawyer Irina Heaver told Cointelegraph that the policy shift could signal a “less favorable environment” for crypto in the UAE
UAE agriculture authority prohibits crypto mining on farms: Report
24.5.2024
Those caught mining crypto on farms face fines of up to 10,000 dirhams, or about $2,722
UAE Offers Friendlier Crypto Scene Than US Due to Political Stability: Komodo CTO
10.5.2024
Komodo CTO Kadan Stadlemann said the United Arab Emirates' political stability fosters a friendlier environment for crypto businesses to flourish, compared to the challenges they face in the US.
The post UAE Offers Friendlier Crypto Scene Than US Due to Political Stability: Komodo CTO appeared...
Chainalysis sets up regional HQ in Dubai amid local crypto boom
8.5.2024
Chainalysis relocates regional headquarters to Dubai reflecting the UAE’s progressive stance toward blockchain technology
Crypto options desk QCP Capital wins Abu Dhabi license: Report
7.5.2024
The in-principle approval enables QCP Capital to offer regulated digital asset activities in the region
Crypto.com Obtains Full Dubai Operational License
9.4.2024
Singapore-based crypto platform Crypto.com has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA) for its local entity, CRO DAX Middle East FZE
VARA’s CEO Predicts Boom in UAE Crypto Market Post FATF Grey List Exit
8.3.2024
Matt White, CEO of Dubai’s Virtual Assets Regulatory Authority (VARA), sees the Financial Action Task Force’s removal of the UAE from the grey list as a positive move, clearing the way for increased crypto-related investments.
The post VARA’s CEO Predicts Boom in UAE Crypto...
Abu Dhabi grants virtual asset firm M2 permission to offer crypto services
16.8.2023
M2 platform will launch later in 2023, allowing UAE-based retail and institutional clients to buy, sell and custody virtual assets
Crypto Mining Retailer Phoenix Looks at IPO in UAE: Bloomberg
28.7.2023
The UAE-based firm is developing one of the region’s largest mining facilities
Binance eyes United Arab Emirates as ‘focal point’ for future operations
26.6.2023
Binance Dubai general manager Alex Chehade says there are plenty of good reasons why the UAE will become the world’s next major crypto hub
UAE's Central Bank Introduces New Anti-Money Laundering Guidance for Crypto Businesses – Here's the Latest
1.6.2023
The UAE’s Central Bank just introduced new anti-money laundering (AML) and counter-terrorism financing guidelines for crypto businesses and financial institutions handling digital assets, according to an announcement on Wednesday.
The new guidance applies to all licensed financial institutions...
Today in Crypto: EU Has Option to Deem All Crypto as Securities by Default, Georgia to Launch Mandatory Supervision of VASPs, Bitget is the 'First Exchange' to Support an EVM-Compatible Address
1.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: EU Has Option to Deem All Crypto as Securities by Default, Georgia to Launch Mandatory Supervision...
Winklevoss twins' crypto exchange Gemini to seek UAE crypto license
1.6.2023
The United-States-based cryptocurrency exchange is now seeking a UAE license and reportedly told local media there was "hostility and lack of clarity" on regulations in the U.S
UAE infrastructure for crypto is more ‘business-friendly’ than the US, says exec
12.5.2023
Coinbase CEO Brian Armstrong and Ripple CEO Brad Garlinghouse also expressed their sentiments over US regulation at the Dubai Fintech Summit
Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says
24.1.2023
The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensure global governance when it comes to cryptocurrencies and crypto...
Crypto to play 'major role' in UAE trade: foreign trade Minister
21.1.2023
UAE’s minister of state for foreign trade Thani Al-Zeyoudi noted that as the country has attracted a lot of talent from the crypto sector, the UAE now needs to roll out the correct regulation to support further growth
BlockFi Withdrawals Drop, Bitcoin Mining Difficulty, New NFT Wallets, 3 Crypto Films + More News
22.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: BlockFi Withdrawals Drop, Bitcoin Mining Difficulty, New NFT Wallets, 3 Crypto Films + More News
Crypto Firms Flock to Dubai for Regulatory Clarity as UAE Cleans Its ‘Grey’ Reputation
5.6.2022
If you’re in the crypto industry, it seems that Dubai is the place to be right now. Not only is the most populated city in the UAE and one of the world’s biggest tourist hotspots, but it has recently seen an influx of crypto firms looking to establish a regional (or global) base, including...
Dubai Approves First Law to Regulate Digital Assets, Establishes Regulator to Oversee Crypto Sector
11.3.2022
Dubai has adopted its first law to regulate the crypto sector. It has also established a dedicated regulator to oversee crypto activities and related service providers. Crypto Sector Regulated in Dubai The emirate of Dubai has adopted its first law to regulate crypto assets and established...