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Crypto.com gets nod in Dubai and FTX launches in Japan
3.6.2022
Crypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with Japanese regulators.”
NFT Play-to-Earn Gaming Most Popular in India, Hong Kong, and UAE, Survey Finds
30.5.2022
Play-to-earn (P2E) games based on non-fungible tokens (NFTs) are most popular in India, where a whopping 34% of internet users who participated in a survey said that they had played such a game.
Following India was Hong Kong, where 29% said they had played a play-to-earn game, and the United...
Report: UAE’s Emirates Airline Set to Use ‘Bitcoin as a Payment Service’
13.5.2022
One of the United Arab Emirates (UAE)’s leading airlines, Emirates Airline, said it has plans to add “bitcoin as a payment service.” The airline is planning to recruit personnel to create applications that monitor client needs. Two Different Applications and Approaches...
From within: Dubai's virtual asset regulator plans to open HQ in metaverse
4.5.2022
The move came less than two months after Sheikh Mohammed bin Rashid Al Maktoum established VARA and announced a new legal framework for crypto in Dubai
Another Banking Giant Enters Bitcoin & Ethereum, Suspicious 'Smaller Cryptos,' Coinbase Ends Brazilian M&A Talks + More News
4.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Another Banking Giant Enters Bitcoin & Ethereum, Suspicious 'Smaller Cryptos,' Coinbase Ends Brazilian M&A Talks...
US Labor Department on Bitcoin Pensions, Coinbase Intelligence & NFTs + More News
29.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: US Labor Department on Bitcoin Pensions, Coinbase Intelligence & NFTs + More News
Dubai Real Estate Developer to Accept Crypto Payments Amid UAE Push for Crypto Hub Status
28.4.2022
Several of the world's biggest crypto exchanges have flocked to the emirates in the last few months
Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market
27.4.2022
Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual assets exchange group in the UAE to offer investors the ability to invest, trade, withdraw and deposit virtual assets (bitcoin and ether) directly in local...
Kraken Awaits Approval for Regional Office in UAE
25.4.2022
The overview of cryptocurrencies among world countries has changed over the years, as expressed in the recent news about policy changes. The United Arab Emirates is one of the few proactive nations to currently enable a healthy environment for cryptos. The changes have paid off as the country...
Kraken Receives UAE License to Operate as a Regulated Crypto Exchange
25.4.2022
The exchange joins several counterparts moving to or gaining licenses in the United Arab Emirates
Kraken awarded crypto trading license in the United Arab Emirates
25.4.2022
With the new operational license in Abu Dhabi, Kraken aims to provide access to global liquidity to local investors via dirham (AED) trading pairs
UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse
18.4.2022
United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE’s digital economy and virtual assets initiatives. First Projects Already Underway The UAE airliner...
Crypto and Blockchain Firms Constitute 16% of UAE Free Zone’s Record Q1 Company Registrations
16.4.2022
Crypto and blockchain firms constituted 16% of the 655 new company registrations that were recorded in Q1 of 2022, the Dubai Multi Commodities Centre (DMCC) has said. The surge in crypto-related registrations also coincided with a quarterly period in which the DMCC is reported to have recorded...
Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper
15.4.2022
The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (defi). The paper also makes clear the regulator’s stance regarding...
NFT for Arabian Horses to Gallop Soon at the Al Sheikh Stud in Partnership With Finvault
14.4.2022
PRESS RELEASE. UAE – DUBAI, 14 April 2022: Renowned to be a haven of thoroughbred Arabian horses, the Al Sheikh Stud embarks on a strategic journey to accommodate the growing demand for NFTs in the industry. In alliance with Atria Holdings and Finvault; the Stud farm is revving up its finest...
Advertising Agency Launches Campaign to Free Jailed Egyptian Women With NFT Sales
13.4.2022
An advertising agency from the United Arab Emirates (UAE) and a non-governmental organization have launched a campaign that seeks to raise funds for jailed Egyptian women via the sale of non-fungible tokens (NFTs). The funds raised are already being used to pay off their debts, allowing...
Study: 54% of UAE and Saudi Arabia Survey Respondents Said Crypto Should Be Used for Payments
12.4.2022
An average of 54% of survey respondents from Saudi Arabia and the United Arab Emirates (UAE) said they believe cryptocurrency should be used as currency. Still, a significant proportion of the respective countries’ respondents believe certain obstacles are stopping cryptocurrencies from...
UAE-Based Crypto Exchange Bitoasis Obtains Provisional Approval From Dubai’s New Regulator
31.3.2022
A major cryptocurrency exchange in the UAE, Bitoasis, has obtained provisional approval from Dubai’s new cryptocurrency regulator. Binance and FTX have also been green-lighted by the regulator. Bitoasis Pursuing License From Dubai’s New Crypto Regulator Bitoasis, a major crypto...
Dubai Café Accepts Cryptocurrency as Payment, Owner Hints at Paying Employee Salaries in Crypto
30.3.2022
Bake N More, a Dubai-based cafe, has become the latest company from the region to add cryptocurrency as a payment option. According to the company’s owner, Mohammad Al Hammadi, Bake N More hinted at possible plans to pay employee salaries in cryptocurrency as well. A Hub for Crypto Users...
Bitcoin Investments Hit 3-Month High, Solana Outpaces Ethereum + More News
28.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Investments Hit 3-Month High, Solana Outpaces Ethereum + More News