KSA working on policy decision to define different virtual asset types
During the Financial sector conference 2023 in Riyadh KSA, Mohsen Al Zahrani, Virtual assets and CBDC Program Director at Saudi Arabia’s Central Bank, told Anna Tutova, CEO...
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Global crypto exchanges in first phase of Dubai’s regulator journey with Binance and Crypto.com a step further
Global Crypto exchanges, Huobi, Bybit, Equiti, and OKx have all made it to the MVP ( Minimum Viable Product) provisional phase of VARA’s regulatory journey,...
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Sygnum Digital asset bank receives license from UAE ADGM and opens its hub in Abu Dhabi
Sygnum, a global digital asset bank, has opened its Middle East hub in the Abu Dhabi Global Market international financial center to provide a portfolio...
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UAE based WadzPay blockchain payment provider launches its 2.0 version built on Algorand blockchain
UAE based WadzPay, an interoperable blockchain-based technology provider, has launched the WadzPay 2.0 which it believes will redefine the landscape of virtual asset-based transactions. WadzPay 2.0...
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XRPAYNet to bring Crypto Fiat micro payments and Buy now pay later services to UAE
XRPayNet a blockchain XRP Ledger based crypto-fiat micropayments solution provider is gearing up to launch in the UAE. Already in the process of being regulated...
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Bahrain Crypto trading platform partners with Open Banking platform for fiat crypto payments
MENA Tarabut Gateway, an open banking platform has partnered with Bahrain’s crypto trading platform RAIN to bring faster, cost effective fiat to crypto transactions to...
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UAE Al Nawwar Investments to purchase Sequoia Capital for $45 million from Alameda Research
Al Nawwar Investments RSC a Private Limited Company established in 2018 in Abu Dhabi, UAE, will be purchasing the remaining interest of Alameda research in...
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Exclusive Interview with CEO of Dubai’s Virtual asset regulator on the leading role VARA will play in global regulations
In March 2022 Dubai announced the launch of the world’s first virtual asset regulatory authority. The authority would be set up to grant blockchain and...
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UK Nexo crypto lender to hire a150 workforce in UAE as it expands its MENA presence
In a recent article published by Arabian Gulf Business Insight, Nexo Co-Founder and MD Antoni Trenchev announced that the UK entity would be opening its offices in...
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