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Ripple receives in-principle license approval in Dubai
1.10.2024
Ripple has acquired in-principle financial services license approval from Dubai’s DFSA, moving closer to offering cross-border crypto payment services in the UAE
UAE regulators to allow Dubai-licensed VASPs to service entire country
11.9.2024
The agreement between UAE regulators covers the mutual supervision of crypto providers, penalty imposition, information exchange and employee training.
Standard Chartered begins UAE crypto custody services with BTC, ETH
10.9.2024
Standard Chartered was approved by the Dubai Financial Services Authority to offer crypto custody solutions in the UAE.
Singapore, Hong Kong and UAE lead in crypto adoption: Report
30.8.2024
Singapore scored high in the adoption index because of several criteria, including regulations, innovation and technology
Dubai court recognizes crypto as valid salary payment: Law Decoded
19.8.2024
Dubai's latest ruling marks a significant shift in the legal acceptance of cryptocurrencies, aligning the UAE with global trends in digital finance
What a Dubai Court Ordering a Company to Pay Its Employee in Crypto Means
19.8.2024
A court in Dubai ordered a company to pay an employee using a cryptocurrency token, as agreed in the employment contract. The ruling raises several questions even as it lends some legitimization to crypto in the region
UAE’s RAKBANK teams up with Bitpanda on digital asset platform for residents
19.8.2024
The new digital asset management platform still requires the approval of the Central Bank of the United Arab Emirates.
Indian Crypto Exchange CoinDCX Acquires BitOasis
3.7.2024
The acquisition will provide a boost to BitOasis' plans to expand its presence across the region
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...