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Crypto custodian Hex Trust receives Dubai VASP license
15.11.2023
Institutional cryptocurrency custodian Hex Trust adds Dubai to its list of operational jurisdictions in addition to Hong Kong, Singapore, Vietnam, Italy and France
Crypto Custodian Hex Trust Secures Full Operating License in Dubai for Institutional Services
15.11.2023
Source: Pixabay Institutional-grade crypto custodian Hex Trust has successfully obtained a full operating license from Dubai’s Virtual Assets Regulatory Authority (VARA), the firm announced today. This operating license represents the conclusive approval under VARA’s regulatory...
Crypto Custodian Hex Trust Obtains Full Dubai Operating License
15.11.2023
This final approval allows the firm to offer digital asset custodial services to institutional clients and sophisticated investors in Dubai
Crypto.com’s Dubai’s Subsidiary Secures License from VARA
14.11.2023
Source: Pixabay/Jan Vasek Singapore-based Crypto.com’s subsidiary has secured a Virtual Assets Service Provider (VASP) License from Dubai’s regulator for specified crypto service activities. CRO DAX Middle East, the exchange’s Dubai arm, received the license from Dubai’s Virtual Assets Regulatory...
Crypto.com Wins Digital Asset License in Dubai
14.11.2023
Cryptocurrency exchange Crypto.com has been granted a licence to operate specified virtual asset service activities in Dubai
Crypto.com granted Dubai crypto license
14.11.2023
The license is pending operational approval and allows Crypto.com’s Dubai entity to offer exchange, broker-dealer, and lending and borrowing services
Former FTX, Alameda Executives to Start New Crypto Exchange: WSJ
13.11.2023
Two former colleagues of recently convicted Sam Bankman-Fried are building a new crypto exchange, just days after their former CEO was found guilty on seven charges of fraud
Ripple CEO Brad Garlinghouse Criticizes SEC for Losing Focus on Investor Protection
13.11.2023
Ripple CEO Brad Garlinghouse. Source: a video screenshot, Ripple / YouTube Brad Garlinghouse, CEO of the US-based blockchain payments firm Ripple, has expressed strong criticism of the US Securities and Exchange Commission (SEC), accusing the agency of deviating from its core mission to protect...
Brad Garlinghouse jabs at maximalists: ‘It will be a multichain world’
13.11.2023
Ripple CEO Brad Garlinghouse discussed discouraging maximalists and factors that could drive further institutional adoption at the recent Ripple Swell event held in Dubai
Former FTX Executives Collaborate on New Dubai-Based Crypto Exchange – Here’s the Latest
13.11.2023
Image Source: Pixabay A group of former FTX executives have joined forces to establish a new crypto trading platform based in Dubai. Led by Can Sun, the former general counsel of FTX, the startup is called Trek Labs and received a license from Dubai’s crypto regulator last month, according...
Bitcoin: ‘Stink Ball’ or ‘Exponential Gold’? Munger and Fidelity Director at Odds on BTC — Week in Review
12.11.2023
Berkshire Hathaway billionaire Charlie Munger may think Bitcoin is a “stink ball,” but director of global macro at financial giant Fidelity, Jurrien Timmer, says the asset is “exponential gold.” Find out why, just below, in the latest Bitcoin.com News Week in Review....
Ex-FTX execs team up to build new crypto exchange 12 months after FTX collapse: Report
12.11.2023
The cryptocurrency exchanges offers a self-custody solution that integrates a multiparty computation technique to secure funds
Standard Chartered, SBI Holdings Establishing $100M Investment Firm Targeting Crypto Startups
9.11.2023
SC Ventures and SBI Holdings' Digital Asset Joint Venture investment company will be established in UAE and focus on firms in market infrastructure, risk and compliance, DeFi and tokenization
Standard Chartered’s venture arm to set up crypto fund in UAE
9.11.2023
SC Ventures will establish a Digital Asset Joint Venture investment company in partnership with a Japanese financial conglomerate, SBI Holdings
VARA demonstrates how regulators, market can work in tandem: VARA Vice Chair
7.11.2023
Deepa Raja Carbon told Cointelegraph that VARA took a collaborative approach and consulted stakeholders, legislators and the general public to develop its virtual asset regulatory guidelines
Crypto Firms in Dubai Have Until Nov. 17 to Clear all Licensing Requirements: VARA
7.11.2023
Source: Pixabay Dubai’s Virtual Asset Regulatory Authority (VARA) has set a new deadline for all crypto-related businesses to clear their licensing papers. VARA, the license issuing authority for crypto firms, wants all digital asset service providers to get licenses by November 17. According...
Metaverse projects failed on lack of correct business model: MetaMinds CEO
6.11.2023
As the metaverse loses its appeal to some global tech leaders, MetaMinds Group CEO Sandra Helou argues that failures in metaverse initiatives resulted from the lack of proper business models
Dubai Financial Authority Approves XRP as ‘Recognized Crypto Token’
4.11.2023
Dubai’s financial regulator, the Dubai Financial Services Authority, has approved XRP as a recognized crypto token for use within the Dubai International Financial Centre (DIFC), a special economic zone. “Licensed virtual asset firms within the DIFC will now be able to incorporate...
Abu Dhabi pioneers DLT regulation for DAOs and Web3 innovations
3.11.2023
Abu Dhabi aims to become a crypto hub alongside Dubai, in a move that's part of a larger goal to foster initiatives in the broader blockchain and digital asset realm
Dubai Financial Services Authority Adds XRP and Toncoin to List of Recognized Tokens
3.11.2023
The Dubai Financial Services Authority (DFSA) has expanded its recognition of digital assets, adding Ripple (XRP) and Toncoin (TON) to its list of officially recognized tokens. This development underscores the DFSA’s commitment to creating a conducive regulatory environment for digital...