Commercial Bank of Dubai opens up to VASPs in UAE
The Commercial Bank of Dubai (CBD), has launched a dedicated accounts for Virtual Asset Service Providers (VASPs) to manage client money and regulatory prudential requirements,...
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Pravica Secures $250,000 Grant from Sui Foundation for stablecoin adoption
Pravica, a blockchain infrastructure provider, has secured $250,000 grant from the renowned Sui Foundation. This substantial funding will drive Pravica’s mission to revolutionize payment systems...
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Aquanow receives its full crypto brokerage, lending, borrowing and management license from VARA
Aquanow, a crypto infrastructure provider has received its full operational license from Dubai's Virtual Asset Regulatory Authority (VARA) after its full VASP license was approved...
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Credibility of UAE crypto exchanges enhanced with new stablecoin regulation
In the past year the UAE has attracted not only international crypto exchanges but it has also attracted home grown GCC crypto players. One of...
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Roma receives crypto broker license from VARA in UAE
Roma focus is bridging the gap between fiat and digital assets for institutions fiat on ramping, announced that it has obtained an operational Virtual Asset...
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UAE crypto custodian Changer AE receives additional crypto broker license from FSRA
UAE based Changer.ae an independent crypto custodian service, has obtained the regulatory approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market...
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German DWS beats UAE Banks with stablecoin issuance announcement
As the UAE Central Bank recently came out with its AED stablecoin regulation allowing UAE Banks to utilize a subsidiary or a fintech provider to...
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Key UAE Blockchain figure is backing up GCEX crypto broker in UAE
A prominent Blockchain and cryptocurrency figure in UAE, Saeed Al Darmaki is backing GC Exchange FZE part of the GCEX Group. He has not only...
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Indian crypto exchange expands into MENA with acquisition of BitOasis in UAE
CoinDCX, India’s cryptocurrency exchange, has acquired UAE based BitOasis, which according to Bloomberg could add $50 million in revenues to Coin DCX as it expands...
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