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Dubai Moves Forward with Crypto Adoption as WadzPay Secures VARA Initial Approval
2.11.2023
  On October 31, the Dubai Virtual Assets Regulatory Authority (VARA) gave “Initial Approval” to WadzPay signifying a noteworthy stride towards broadening crypto adoption in Dubai. The approval is part of WadzPay’s progress toward achieving a comprehensive Virtual Asset...
South African Crypto Exchange Valr Receives ‘Initial Approval’ From Dubai Virtual Assets Regulator
5.10.2023
Valr, the South Africa-based crypto exchange, recently said it had won initial approval from the Dubai virtual assets regulator. The crypto exchange’s Head of Growth, Blake Player, said Valr has been attracted by the Middle East region’s significant crypto flows and in particular Dubai’s growing...
Dubai Crypto Exchange BitOasis Secures Investment from Jump Capital and Wamda – Here's the Latest
26.8.2023
Dubai-based cryptocurrency exchange BitOasis has secured a round of funding from a group of investors, including Indian digital-asset platform CoinDCX.
According to a Friday report from Bloomberg, the specific terms of the deal and the valuation of the exchange have not been disclosed.
The...
Nomura, CoinShares, Ledger joint venture Komainu wins Dubai crypto license
22.8.2023
Komainu attained the final step in VARA’s licensing process nearly 10 months after securing its MVP license in November 2022
3AC Founders' OPNX Fined $2.7M by Dubai Crypto Regulator
16.8.2023
The exchange was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in May
Dubai Offers Web3 and AI Firms A 90% License Fee Cut, Seeks To Host Largest Tech Firms In MENA
15.8.2023
Dubai has announced a 90% registration subsidy for web3 and Artificial Intelligence (AI) companies seeking operational licenses in the city as it seeks to create the largest pro-tech hub in the Middle East and North African Region (MENA).
Dubbed the Dubai AI and Web3 Campus, the city rolled out...
Binance Wins Operational License in Dubai
31.7.2023
Binance, the world's largest cryptocurrency exchange, has won a licence to operate in Dubai after meeting pre-conditions set since receiving a preparatory licence in September 2022
Dubai crypto regulator suspends BitOasis crypto exchange license
11.7.2023
BitOasis was the crypto exchange to get an operational license in Dubai, which has now been suspended by the local regulator for not meeting key conditions in time
Binance eyes United Arab Emirates as ‘focal point’ for future operations
26.6.2023
Binance Dubai general manager Alex Chehade says there are plenty of good reasons why the UAE will become the world’s next major crypto hub
Blockchain Life 2023 in Dubai: Crypto whales meeting point!
17.5.2023
Influential figures such as heads of global funds, government officials, investors, business owners, and promising startups come together in Dubai to shape the future of cryptocurrencies at the 11th International Blockchain Life Forum on October 24-25 in Dubai, Festival Arena. Buy your ticket...
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
Crypto.com Gets Closer to an Operational License in Dubai
20.3.2023
Singapore-based digital asset trading platform Crypto.com has received a preparatory license from Dubai's Virtual Digital Assets regulator
Groceries to luxury cars: The state of crypto adoption in Dubai
16.2.2023
Cointelegraph visited a grocery store and a luxury car club to learn how crypto has been adopted in Dubai
London Crowned World’s Leading Cryptocurrency Hub, According to Study
2.2.2023
According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country....
How does the FTX collapse affect Dubai's crypto ecosystem?
25.11.2022
CoinMENA CEO Talal Tabbaa believes that the FTX collapse will not change the vision of the UAE to become a global crypto hub
From the valley to oasis: Swiss and Dubai crypto associations team up
9.9.2022
A partnership between the two cities' blockchain associations will aim to connect businesses and foster growth in the sector
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...
NoVa Battles Rocked the 2022 Dubai Crypto Expo
28.3.2022
PRESS RELEASE. At the Dubai Crypto Expo that happened between March 16 and 17, 2022, the NoVa Battles team led by CEO Lucian joyfully received the prestigious title of “Best Crypto Game 2022” in Dubai. The NoVa Battles ecosystem is designed to reward its community members in multiple...
Dubai’s New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX
19.3.2022
Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when Dubai approved its first law to regulate crypto assets. Dubai Licenses Binance and FTX Cryptocurrency exchanges FTX and Binance have been licensed...
FTX crypto exchange wins license in Dubai to open local headquarters
15.3.2022
Sam Bankman-Fried's FTX crypto exchange will offer crypto derivatives products to institutional investors in Dubai with the new license