Dubai’s VARA wants UAE VASPs to comply more
Dubai's VARA issued a circular requiring VASPs to follow AML/CTF.
Dubai Virtual Assets Regulatory Authority (VARA) issued a circular urging that VASPs comply with FATF's amended…
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Dubai
Dubai Increases Cryptocurrency Oversight and Issues Fines to Seven Companies
Businesses dealing in cryptocurrencies are coming under increased scrutiny from Dubai's Virtual Assets Regulatory Authority (VARA), which is focusing on those that are operating without a…
Binance converts US$1 billion money & hopes to return to India following Dubai license
Binance, a dominant player in the cryptocurrency industry, has switched its $1 billion safety fund to USDC, a strategic move that might lead to more openness and a return to the Indian…
The Dubai Financial Center introduces the first digital assets law in the world
Digital assets will be utilized and regulated in accordance with the Digital Assets Law No. 2 of 2024 across a broad spectrum of use cases.
A financial hub in the United Arab Emirates,…
Dubai’s RAK DAO and Tencent Cloud partner to encourage crypto startups
As part of the agreement, RAK DAO will become a Tencent Cloud training center where employees may get professional and academic training.
In order to support the expansion of startups…
OKX’s New Dubai License Will Facilitate Service Expansion in the Middle East
The Dubai Virtual Assets Regulatory Authority has approved OKX's license, so the company may now provide spot services and spot pairings to citizens of the United Arab Emirates.
The firm…
Dubai has issued Crypto.com with a crypto license
Crypto.com's Dubai branch will be able to provide its usual suite of services upon receiving final operating clearance for the license, which includes acting as an exchange, broker, and…
A Liquidity Crisis Hits Dubai’s Crypto Exchange as Regulators Look In
The situation was so bad that on September 18 the exchange declared that all Earn-related businesses would be delisted.
JPEX, a cryptocurrency exchange located in Dubai, is in the middle…
Binance has been approved by the Dubai government to operate as a virtual asset exchange
Today, the biggest cryptocurrency exchange in the world announced that it has received a licence in Dubai allowing it to provide crypto services to institutional and qualified individual…
Ripple’s CEO Will Speak at a Summit in Dubai to Discuss the Practical Applications of…
At the upcoming Dubai Fintech Summit, Ripple CEO Brad Garlinghouse plans to discuss the primary difficulties of cryptocurrency practicality and regulation.
The Ripple CEO recently…
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