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Animoca Brands Chairman Yat Siu to Attend the Dubai Global Blockchain Show in December
7.10.2024
Two major financial crowns meet before the Christmas festivities: Dubai and the Global Blockchain Show happening on the…
Introducing iFX EXPO Dubai 2025 – MENA’s No.1 B2B & B2C Online Trading Event
7.10.2024
Mark your calendars! MENA’s most popular online trading event—iFX EXPO Dubai 2025—returns to the region, and the latest…
UAE Exempts Crypto Transactions From Value Added Tax
7.10.2024
The United Arab Emirates has exempted crypto transactions from value-added tax (VAT), according to an amendment in the law made by the Federal Tax Authority
Ripple Gets Green Light for Dubai Expansion
3.10.2024
Ripple, a digital asset infrastructure provider, has received approval to expand its operations in Dubai. The Dubai Financial Services Authority (DFSA) granted Ripple “in-principle approval” to offer its services from the Dubai International Financial Centre. This will allow Ripple...
XRP tanks 7% despite the Dubai License, why?
2.10.2024
Ripple is having a good and a bad October at the same time. So much is working to…
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
Dubai Regulator Increases Scrutiny on Crypto Companies
27.9.2024
Dubai’s Virtual Assets Regulatory Authority (VARA) has implemented stricter regulations for crypto companies to enhance investor protection and ensure transparency. The new rules require firms to include risk warnings in marketing materials, obtain necessary licenses, and adhere to compliance...
Middle East accounts for 7.5% of global crypto volume — Chainalysis
26.9.2024
According to the World Bank, less than 50% of adults in the Middle East and North Africa region had access to adequate banking services
5000+ Forex Companies attending Forex Expo Dubai 2024
26.9.2024
Largest Gathering with 20000+ Visitors and 200+ Exhibitors, marking it as one of the largest Expo in the…
Dubai regulator tightens rules on crypto marketing
26.9.2024
VARA CEO Matthew White said that clear and actionable guidance helps crypto providers deliver their services responsibly.
Crypto.com Gets Bahrain License, Amber Group Approved in Dubai
20.9.2024
Crypto.com has secured a payment service provider (PSP) license from the Central Bank of Bahrain (CBB). This license allows the crypto exchange to offer e-money and fiat-based payment services, including its prepaid cards, in the region. The approval adds to Crypto.com’s growing list...
Bybit Secures Provisional Approval From VARA for Dubai
16.9.2024
Bybit, the world’s second-largest crypto exchange by trading volume, has been granted a Provisional (Non-Operational) approval for VASP…
Bybit bags provisional crypto license from Dubai regulator
16.9.2024
The Virtual Asset Regulatory Authority (VARA) has granted Bybit a non-operational license to serve retail and institutional crypto investors in Dubai
Bybit Secures Provisional (Non-Operational) Approval from VARA, Marking a Key Milestone Toward Full Operational Approval in Dubai
16.9.2024
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has been granted a Provisional (Non-Operational) approval for a…
VC Founders Summit: The Largest Convergence of Investors and Founders Set to Take Place in Singapore
15.9.2024
PRESS RELEASE. [Singapore, 2024] – The much-anticipated VC Founders Summit is set to take place on September 21st, bringing together venture capitalists, industry leaders, and innovators to shape the future of investment and entrepreneurship. As a dynamic side event of the renowned Token2049...
Onedegree, Dubai Insurance Launch Digital Asset Custodial Insurance for UAE Clients
14.9.2024
Onedegree, an Asian digital assets insurer, and its UAE partner, Dubai Insurance, have started offering digital asset custodial risk insurance to clients in the UAE. This new product, approved by the Central Bank of UAE, expands both companies’ product portfolio and offers a comprehensive...
UAE’s central bank approves custodial risk insurance product for digital assets
12.9.2024
OneDegree executive Robin Scott told Cointelegraph that the insurance covers Web3 asset managers against the risk of losing customer funds.
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 Launches Bitcoin and Ethereum Custody in UAE
11.9.2024
Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and ethereum. Brevan Howard Digital is the first...
Getting paid in crypto: Dubai court ruling shows increasing acceptance
5.9.2024
Crypto salaries are becoming more common, especially in countries with prevalent economic incentives like inflation.