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Middle East regulatory clarity drives crypto industry growth — Binance FZE head
18.10.2023
UAE, Dubai and Bahrain continue to attract major cryptocurrency exchanges and businesses due to their progressive regulatory approaches
Solana Joins Dubai’s Largest Free-Trade Zone to Foster Web3 Adoption
16.10.2023
Solana Foundation, the nonprofit organization behind the layer-1 blockchain Solana, has joined the largest free trade zone in the UAE – the Dubai Multi Commodities Centre (DMCC) – as an ecosystem partner, to tap into the Web3 value in Dubai.
The collaboration will enable Solana to offer technical...
Solana becomes ecosystem partner of Dubai free zone
16.10.2023
The Solana Foundation became an ecosystem partner for the Dubai Multi Commodities Centre, one of the free economic zones within the UAE
Dubai Regulator Halts Sale and Distribution of Islamic Coin – What's Going On?
6.10.2023
The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against Bored Gen DMCC (BG), a company involved in the distribution and marketing of Islamic coin (ISLM).
According to a VARA alert published on Wednesday, BG lacks the necessary authority to conduct the type of crypto-related...
ConsenSys exec on MetaMask Snaps security: ‘Consent is king’
6.10.2023
ConsenSys head of developer community Francesco Andreoli explained that users could get more transaction insights through MetaMask Snaps
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...
Nomura’s Laser Digital receives in-principal approval for operations in Abu Dhabi
26.9.2023
The Japanese bank joins a rapidly growing number of digital asset firms operating in Abu Dhabi and the rest of the United Arab Emirates
How to buy Bitcoin in Dubai
24.9.2023
Experience zero tax on crypto trades — find out how to buy Bitcoin in Dubai
Today in Crypto: BNB Chain Developers Reveal Public Launch of opBNB's Mainnet, Nansen Launches New AI-Powered Version, Ripple Will do 80% of Hiring This Year Outside the US
13.9.2023
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: BNB Chain Developers Reveal Public Launch of opBNB's Mainnet, Nansen Launches New AI-Powered Version...
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...
Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams, Phantom Launches the 'Sign In With Solana' Feature
22.8.2023
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: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams...
Nomura-Backed Crypto Custody Firm Komainu Wins Operating License in Dubai
22.8.2023
The company can now offer its full range of digital asset custody services to clients in the emirate, including institutional staking and collateral management
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
Dubai to Subsidize Commercial Licenses for Web3 and AI Companies
19.8.2023
Dubai will offer subsidized licenses for Web3 and artificial intelligence (AI) companies that want to enter the country. The Dubai International Financial Centre (DIFC) and its campus will subsidize 90% of the costs of these licenses to attract companies in this sector as part of its push to become...
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...
Dubai lures AI, Web3 enterprises with 90% subsidized commercial licenses
15.8.2023
In addition to attracting talent, Dubai has also given out operational licenses to crypto exchanges over the past several months
Binance Users Reach 150 Million, CZ Reveals
5.8.2023
Registered users of Binance have hit 150 million, the crypto exchange’s founder and CEO, Changpeng Zhao (CZ), announced on social media. The milestone has been reached despite increased regulatory pressure on the world’s largest trading platform for digital assets in the past few months. Crypto...
FTX Seeks to Exclude Dubai Subsidiary From Ongoing Bankruptcy
3.8.2023
FTX Trading Ltd. filed a motion on Tuesday to dismiss its Dubai-based subsidiary, FTX Exchange FZE, from ongoing bankruptcy proceedings, citing the unit’s lack of operations and assets. Dubai’s FTX Exchange Faces Voluntary Liquidation After Motion to Dismiss From Parent Company In...
Today in Crypto: Nifty's Shuts Down, eToro's Australian Entity Sued by Markets Regulator, Tel Aviv Stock Exchange Signs 'Ground-breaking' Deal with Fireblocks, Aventus Partners with Vodafone
3.8.2023
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: Nifty's Shuts Down, eToro's Australian Entity Sued by Markets Regulator, Tel Aviv Stock Exchange Signs...