UAE HAYVN records 19 percent increase in returns on its crypto index fund
UAE based HAYVN, a regulated digital asset management financial institution, has recorded returns of 19 percent increase on its crypto index fund since its launch...
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Japanese Nomura Bank’s digital asset custodian Komainu receives MVP operational license from Dubai regulator
Japanese Nomura Bank’s, Komainu, a regulated digital asset custody provider, has received an MVP (Minimum Viable Product) operational license from Dubai’s Virtual Asset Regulatory Authority...
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U.S. OFAC sanctions Dubai Fintech firm and its founder using crypto address
The U.S. the U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 22 individuals and 104 entities operating in 20 countries for their role in facilitating Russian...
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Universal Digital and Canadian Aquanow receive several MVP licenses from Dubai’s virtual asset regulator
Universal Digital AEDU and Canadian Aquanow have received MVP ( Minimum Viable Product) provisional license approvals for several virtual asset licenses from Dubai’s Virtual asset...
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Bahrain welcomes digital asset banking services provider Whampoa
The Bahrain Economic Development Board announced that it has welcomed Singapore Based digital asset bank Whampoa Group to Bahrain. Whampoa will be setting up its...
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Singapore based crypto asset custodian applies for license in ADGM
According to a recent news piece in Khaleej Times, Liminal, a crypto custodial wallet platform has applied for a license at Abu Dhabi Global Market...
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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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