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Tickmill enters Dubai, obtains necessary permissions under DFSA
9.5.2023
Tickmill, a UK-based retail brokerage firm, has announced that it will soon be opening a new office in Emirates Financial Towers. This will enable Tickmill to give access to local traders to a variety of services like education and trading. A specific offering that is likely to catch the major...
Ripple plans to spread its presence further in Dubai
9.5.2023
Ripple, which is undoubtedly an absolute top-of-the-line enterprise blockchain, along with being a provider of crypto solutions, is going all out to increase its footprint in the city of Dubai. This is considering the sheer potential the city holds. As an official mark of endorsement, the company...
Coinbase Targets UAE as Strategic Hub for Cryptoeconomy Expansion; Executives Attend Dubai Fintech Summit
8.5.2023
Major US-based crypto exchange Coinbase has praised the United Arab Emirates (UAE), saying the region has the potential to become a “strategic hub” for the company.
Writing in a blog post over the weekend, Coinbase called the UAE “a centre of web3 innovation,” with the emirate of Dubai alone home...
Three Arrows Capital Founders Face Dubai Regulator's Scrutiny Over New Unregulated Exchange OPNX
3.5.2023
Dubai regulators are scrutinizing the co-founders of now-defunct crypto hedge fund Three Arrows Capital over their new unregulated digital asset exchange, OPNX.
On April 18, Su Zhu and Kyle Davies received a written reprimand from Dubai's Virtual Assets Regulatory Authority (VARA) for promoting...
Today in Crypto: Poloniex to Pay $7.6M in Settlement with US Authority, Complaint Alleges Coinbase Violated Illinois' Biometric Information Privacy Act, 3AC-founders’ OPNX Reprimanded by Dubai Regulator
2.5.2023
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: Poloniex to Pay $7.6M in Settlement with US Authority, Complaint Alleges Coinbase Violated Illinois'...
3AC founders run into fresh trouble in Dubai over new exchange OPNX
2.5.2023
Dubai digital asset regulator claimed that it had sent two cease and desist notices to the exchange in February and an investor alert against it in April
3AC Founders’ OPNX Exchange Formally Reprimanded by Dubai Crypto Regulator
2.5.2023
The action by the Virtual Assets Regulation Authority targeting Kyle Davies, Su Zhu and others follows two cease-and-desist letters for operating an unregulated exchange
UAE Securities Regulator Opens Door for Crypto Firms' License Applications – Next Crypto Hub?
19.4.2023
The United Arab Emirates’ (UAE) Securities & Commodities Authority has announced that it is now accepting applications for licenses by crypto firms wanting to set up offices in the country....
Read More: UAE Securities Regulator Opens Door for Crypto Firms' License Applications – Next Crypto Hub?
UK may have crypto regulation within a year, says senior minister
19.4.2023
The lawmaker said the regulation will need to be both “pragmatic” and “proportionate” to ensure economic growth is maximized
Today in Crypto: Luno Leaving Singapore, Wirex Launching Private ‘Luxury Service’, Court Extends Creditor Protection for Babel Finance
18.4.2023
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: Luno Leaving Singapore, Wirex Launching Private ‘Luxury Service’, Court Extends Creditor Protection...
Bybit opens its global headquarters in Dubai
18.4.2023
Bybit, a cryptocurrency exchange, has finally decided to open its global headquarters in Dubai. The firm issued the formal announcement for this move on Monday. This incident happened about a year after it had been suggested doing so. At the time, this choice had been made unanimously, and it...
UAE Securities Regulator to Start Accepting License Applications From Crypto Firms
18.4.2023
The regime applies to all companies seeking to provide services in the country, unless already licensed in financial free zones in the United Arab Emirates
Russia Negotiating Free Trade Deal With India to Facilitate Imports in the Face of Sanctions
18.4.2023
Russia is in the process of negotiating a free trade deal with India in order to substitute part of the products and investments that were banned by sanctions enacted after the Ukrainian conflict erupted. Russia is now the largest oil supplier of India, with the country taking advantage of...
Crypto Exchange Bybit Opens Global HQ in Dubai
18.4.2023
Crypto exchange ByBit has opened its global headquarters in Dubai, nearly an year after it had revealed plans based on an in-principle approval to move its global headquarters to the city
US Treasury to Attempt Coercing European Countries Into Implementing Sanctions Against Russia
12.4.2023
Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the material support companies in these states provide...
Report: Binance Asked to Provide More Information as Dubai Tightens Screws Against Crypto Entities
7.4.2023
Dubai’s Virtual Assets Regulatory Authority (VARA) has reportedly asked Binance to share more information about the crypto exchange’s ownership structure and its auditing procedures. According to reports, Dubai regulators are still keen on fostering innovation but without comprising...
Dubai regulator demands Binance provide info on ownership, governance: Report
5.4.2023
According to Bloomberg, the Dubai crypto regulator is also seeking similar details from other global crypto players
Crypto.com advances in Dubai by obtaining MVP Preparatory License
3.4.2023
Crypto.com has announced on its website that it has advanced in Dubai by obtaining MVP Preparatory License from Dubai’s Virtual Asset Regulatory Authority. The responsibility of the authority is to draft a framework for crypto ventures to better operate within the region. Any kind...
Easy Way To Obtain Crypto License in Dubai: Gofaizen and Sherle Launches A New Service
31.3.2023
PRESS RELEASE. Tallinn, Estonia – Gofaizen & Sherle, a leading fintech and crypto consultancy firm based in Estonia, has recently launched its first crypto product for the United Arab Emirates (UAE). The product is designed to assist businesses and startup owners in obtaining crypto...
Easy Way To Obtain Crypto License in Dubai: Gofaizen and Sherle Launches A New Service
30.3.2023
PRESS RELEASE. Tallinn, Estonia – Gofaizen & Sherle, a leading fintech and crypto consultancy firm based in Estonia, has recently launched its first crypto product for the United Arab Emirates (UAE). The product is designed to assist businesses and startup owners in obtaining crypto...