Phoenix Crypto mining group to float $370 million worth of stock in IPO on November 16th
As per a news article, The Abu Dhabi Securities Exchange is preparing for Phoenix Group, a datacenter crypto mining company, upcoming IPO schedule to start...
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UAE builds a national crypto library in Abu Dhabi Tech Innovation institute
UAE has built the first national and sovereign crypto library at the cryptography research centre in Abu Dhabi’s Technology Innovation Institute (TII). The milestone is...
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UAE regulated Laser Digital launches Ethereum adoption fund
Laser Digital, crypto broker and investment service provider, a subsidiary of Japanese Nomura regulated in UAE by Dubai’s virtual asset regulatory authority, has launched their...
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African Onafriq payments to offer digital asset payments to GCC using Ripple
Ripple Blockchain and crypto solutions provider has partnered with Onafriq, fintech payments entity, previously known as MFS Arica to offer digital asset enabled cross border...
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OKX now has a General Manager for MENA based out of Dubai UAE
OKX crypto exchange, with more than 50 million users, seeking a license in the UAE, has announced that it has appointed a General Manager for...
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Dubai virtual asset regulator calls on more than 1,000 firms to finalize applications in ten days
Dubai's Virtual Assets Regulatory Authority (VARA) announced that while more than 1,000 legacy firms have filed applications to register under Dubai's unique regulatory framework, underscoring...
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UAE Phoenix crypto mining Group and M2 partner for crypto yield product
UAE based M2 crypto exchange and investment platform has partnered with UAE crypto mining Group Phoenix, to offer crypt investors with Bitcoin and Ethereum yields...
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TON and XRP tokens join Bitcoin, Ethereum and Litecoin in DIFC recognized crypto regime
Two new crypto tokens TonCoin (TON), and Ripple’s XRP have joined Bitcoin (BTC), Ethereum, and Litecoin as recognized crypto tokens by the Dubai Financial Services...
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VARA to license 15 entities by end of 2023, and launch DeFi regulations, Gamefi, and crypto derivatives
In a recent LinkedIn post, Soham Panchamiya, Associate for tech companies and regulatory disputes at Reed Smith, one of the leading global law firms with...
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48 Percent of UAE crypto users lack trust in crypto exchanges
According to the recent Kucoin Survey report The Cryptoverse,Understanding Crypto Users in the UAE, which revealed insights into the UAE’s role as a crypto hub,...
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