UAE Securities and Commodities Authority issues two new virtual asset regulations for rulebook
According to a recent Baker McKenzie client alert, the UAE Security and Commodities Authority has issued two new regulations pertaining to virtual assets. UAE SCA will...
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UAE’s DMCC crypto center partners with US enterprise Blockchain service provider Ankr
In a recent announcement, UAE’s DMCC (Dubai Multi Commodities Center), partnered with USA based ANKR, an enterprise blockchain infrastructure and services provider. As per the...
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UAE Emirates NBD bank partners with PWC and digital asset custodian FireBlocks
UAE Emirates NBD Bank announced on LinkedIn that it has partnered with PWC and digital asset custodian and settlement provider FireBlocks to launch its Digital Asset Lab....
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UAE based Standard Chartered bank to offer digital asset custody through DIFC
Subject to regulatory approval, UAE based Standard Chartered has signed a memorandum of understanding (MoU) with Dubai International Financial Centre (DIFC) to collaborate on digital...
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Abu Dhabi Masdar City and Mina Zayed Port locations for 250 Megawatt Bitcoin mining facility
Marathon Digital Holdings in a recent press release has confirmed that the company along with Abu Dhabi based Zero Two (Registered name FS Innovation), an...
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Crypto exchange MaskEX to set up headquarters in UAE after receiving initial approval from UAE regulator
Crypto exchange, MaskEX has unilaterally announced receiving an initial approval from Dubai’s Virtual Asset Regulatory Authority (VARA) to begin making preparations for its launch in...
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Digital asset exchange Fasset receives initial approval for full market license from Dubai’s VARA
Unilaterally, Fasset, a digital asset exchange platform with a vision to offer affordable and frictionless gateway for people in emerging markets to own and grow...
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Morocco makes Global top 10 countries list with craze for Meme coins
The Arab country of Morocco has made it to the top 10 global list of countries who have a craze for Meme coins according to...
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Crypto Oasis launches the Green Block initiative in commitment to Cop28 in UAE
Crypto Oasis launched its crypto Oasis report for Q2 of 2023 announcing the Green Block initiative as part of its commitment to the UAE’s Environmentally Sustainable goals....
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CoinBase, Circle, and Bittrex leaving USA and heading to the MENA region
The exodus of Crypto and Blockchain startups from the United States seems to be intensifying and it looks like the MENA region, and UAE are...
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