Swiss crypto asset manager to expand into UAE with new board appointment
Indirectly announcing their expansion into the UAE Digital Asset Solutions (DAS), a Swiss based crypto asset manager announced that they had hired Swiss financial professional...
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Why Abu Dhabi banned crypto mining on UAE Farms
Recently the UAE Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) issued an advisory to UAE farmers stating that crypto mining on farms could cause...
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MENA crypto traders become savvier with Bitget witnessing 52% growth in crypto futures
Crypto Futures have risen in popularity over the years, being considered as one of the most sought out cryptocurrency derivatives offering. In the past weeks,...
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After VARA’s initial approval for digital asset broker license, DKK partners with UAE Seed Group
DKK partner, an emerging markets FX liquidity specialist firm, which recently received initial approval for digital asset broker license from Dubai’s Virtual asset regulatory authority,...
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Genesis Digital assets opens bitcoin mining datacenter in Argentina
Genesis Digital Assets Limited (GDA),a Bitcoin mining company with a presence in the UAE, is opening a new data center in Argentina powered by YPF...
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UAE Phoenix Group for crypto mining and blockchain reveals 166 percent year on year growth
UAE headquartered, Phoenix Group PLC a provider of web3, crypto, and blockchain technologies in the region, announced financial results for the first quarter of 2024...
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UAE crypto broker BitOasis uses Sumsub for AML and KYC Compliance
UAE regulated crypto broker platform BitOasis will be using Sumsub, a full cycle verification platform providing customizable KYC, KYB, transaction monitoring, and AML solutions. BitOasis...
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Tether signs MoU with UAE RAK DAO for stablecoin adoption
Tether Operations Limited, creators of USDT digital currency has signed a Memorandum of Understanding (MoU) with RAK Digital Assets Oasis (RAK DAO). As per the...
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Rain crypto exchange issues statement with regards to lost funds
In a blog post, RAIN Crypto exchange regulated in both Bahrain and the UAE issued a statement replying to the report by ZachXBT that the...
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The first regulated crypto exchange in the Middle East has lost $14.8 million
According to ZachXBT, an internet sleuth with over 500 hundred thousand followers on Twitter, Bahrain and UAE regulated crypto broker, RAIN, has been likely exploited...
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