Dubai’s VARA to see several hundred VASPs enter licensing regime as Hong Kong ups its crypto stance

Dubai’s VARA to see several hundred VASPs enter licensing regime as Hong Kong ups its crypto stance

In a recent Forbes piece, it was noted that the virtual asset regulatory authority in Dubai expects to see several hundred virtual assets exchanges and service... Details
Gemini crypto exchange becomes another global entity to apply for a crypto license in UAE

Gemini crypto exchange becomes another global entity to apply for a crypto license in UAE

Gemini crypto exchange announced that it has commenced with the process of acquiring a crypto exchange license in the UAE to better serve customers based in the... Details
Whampoa Group Web3 investment firm and digital bank to invest $50 million in Bahrain with Golden license

Whampoa Group Web3 investment firm and digital bank to invest $50 million in Bahrain with Golden license

In a recent press release, Bahrain has granted its first five Golden licenses and Whampoa Group, a multi-family office with investments in global tech firms, and its digital... Details
GCC Investcorp Blockchain fund leads $15 million investment round in Spanish crypto exchange

GCC Investcorp Blockchain fund leads $15 million investment round in Spanish crypto exchange

GCC ( Gulf Cooperation Council) and MENA based Investcorp, a global alternative investment firm has led a $15 million investment round for BitMe a Spanish... Details
OKX says Dubai’s Virtual asset regulator has given MVP Preparatory license approval …. But… has it really?

OKX says Dubai’s Virtual asset regulator has given MVP Preparatory license approval …. But… has it really?

It s no surprise that global crypto exchanges are flocking to the UAE, first it was Binance, then Kraken which left, then crypto.com, coinbase, and... Details
UAE Ferg money exchange group to start accepting crypto after UAE central bank regulations come out

UAE Ferg money exchange group to start accepting crypto after UAE central bank regulations come out

UAE money exchange company, Ferg ( Foreign Exchange and Remittance Group) CEO has stated that the company as well as other money xchanges will start... Details
UAE ADGM imposes penalties on 10 Leaves blockchain and digital asset business consultant

UAE ADGM imposes penalties on 10 Leaves blockchain and digital asset business consultant

UAE’s Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has announced that it has taken enforcement actions against 10 Leaves Limited (10 Leaves), an ADGM-licensed company,... Details
UAE based Bybit crypto exchange contributes $272,000 for American University of Sharjah scholarship fund

UAE based Bybit crypto exchange contributes $272,000 for American University of Sharjah scholarship fund

Once again Bybit is supporting the crypto and blockchain ecosystem in the UAE. Yesterday it was with DMCC crypto center, and today it is with the University... Details
Oman’s Green Data City to have full blockchain capacity in 2023

Oman’s Green Data City to have full blockchain capacity in 2023

Oman’s Green Data City, the first data center in Oman to obtain a crypto mining license will have full blockchain capacity in 2023. The datacenter... Details
UAE based Aquanow, digital assets infrastructure provider receives initial approval from Dubai’s VARA

UAE based Aquanow, digital assets infrastructure provider receives initial approval from Dubai’s VARA

Aquanow, a digital assets infrastructure provider has unilaterally announced that it has received initial approval from Dubai’s Virtual Asset Regulatory Authority (VARA), while it undertakes... Details