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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.
Crypto.com, Standard Chartered partner for global fiat services
29.8.2024
Crypto.com partners with Standard Chartered Bank to provide fiat currency services in over 90 countries, starting in the UAE
Blockchain Life 2024 in Dubai Unveils First Speakers
22.8.2024
Blockchain Life 2024, one of the world’s leading events in Web3, cryptocurrencies, and mining, today announced the first…
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
Dubai Court Recognizes Cryptocurrency for Salary Payments
17.8.2024
In a landmark decision, the Dubai Court of First Instance has recognized the payment of salaries in cryptocurrency under employment contracts, marking a significant shift in the United Arab Emirates (UAE)’s legal approach to digital currencies. The 2024 ruling, case number 1739 of 2024...
Dubai court recognizes crypto as a valid salary payment
16.8.2024
UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions
Ripple and DIFC Partner to Drive Blockchain and Crypto Adoption in UAE
8.8.2024
Ripple has unveiled its plan to partner with the Dubai International Financial Centre (DIFC) Innovation Hub to promote blockchain and crypto adoption in the UAE. The collaboration seeks to encourage innovation among early-stage companies and large institutions. Ripple has dedicated one billion...
UBXS Token Launches Home Tokenization in Dubai, Confirming BlackRock’s Insights in the RWA Sector and Trump’s Positive Outlook on Crypto
2.8.2024
PRESS RELEASE. Innovative crypto project UBXS Token is proud to announce a new home tokenization project in Dubai. This initiative aims to make real estate investments more accessible through the opportunities offered by blockchain technology. UBXS Token’s move aligns with predictions...
Dubai Border Protection Agency Launches Blockchain Platform to Boost Efficiency
9.7.2024
Dubai’s border protection agency announced the launch of a secure and efficient blockchain network, which is expected to improve efficiency and transparency within the United Arab Emirates city. The blockchain platform will also strengthen Dubai’s position as a hub for entrepreneurship and global...