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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Liminal now a fully regulated crypto custodian in UAE
Liminal Custody Solutions, a provider of digital assets and crypto custody as well as crypto wallet infrastructure solutions, has officially acquired the Financial Services Permission...
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UAE Match Systems retrieves $68 million worth of stolen bitcoin
UAE based Match Systems, a cyber security company specializing in AML (Anti Money Laundering) services, blockchain investigations, implementation of compliance procedures for cryptocurrency projects around...
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DWF Labs and Binance refute any claims of crypto market manipulation or cover up
DWF Labs, a proprietary high frequency trading firm with offices in UAE, China, Singapore, and Hongkong as well as Binance the biggest crypto exchange globally...
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As Binance blocks thousands of crypto transactions in UAE, it faces fines of $4.38 million in Canada
Binance is and has blocked tens of thousands of suspicious cryptocurrency transactions in the UAE with many brokers and exchanges using Binance because of its...
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UAE based AMINA Bank if ETH is a security there are significant risks to entire crypto community
UAE based AMINA Bank, previously know as SEBA crypto bank, regulated in Abu Dhabi ADGM, has published an interesting article on Ethereum, and ETH being...
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