Poloniex crypto exchange pays $7.5 million settlement to OFAC for dealing with customers in Syria, Sudan, Iran, Crimea

Poloniex crypto exchange pays $7.5 million settlement to OFAC for dealing with customers in Syria, Sudan, Iran, Crimea

US based Poloniex, LLC, a Delaware company with its principal place of business in Boston, Massachusetts which previously operated an online trading and settlement platform previously... Details
UAE virtual asset regulator takes further action against OPNX tokenized exchange

UAE virtual asset regulator takes further action against OPNX tokenized exchange

The Dubai Virtual asset regulatory authority, has issued a formal letter of reprimand to OPNX the tokenized exchange for bankrupt crypto entities,  and its founders... Details
BitOasis receives MVP Operational License from Dubai Virtual asset regulator

BitOasis receives MVP Operational License from Dubai Virtual asset regulator

As per Dubai VARA website, BitOasis, the crypto broker exchange has moved one step forward in its licensing process. It has become the first among... Details
The second biggest global crypto exchange Coinbase intends to set up regulated entity in UAE

The second biggest global crypto exchange Coinbase intends to set up regulated entity in UAE

According to a recent blog post published by CoinBase the second biggest global crypto currency exchange, the company revealed that is in talks with UAE’s regulator in Abu Dhabi,... Details
Saudi Arabian Investment fund main investor in OPNX tokenized crypto exchange

Saudi Arabian Investment fund main investor in OPNX tokenized crypto exchange

Saudi Arabian Tuwaiq Investment Fund part of Jadwa Investment Fund has invested a substantial amount in OPNX tokenized crypto exchange for bankrupt crypto companies. KSA... Details
UAE sovereign wealth fund launches its digital asset entity as part of its Web3 strategy

UAE sovereign wealth fund launches its digital asset entity as part of its Web3 strategy

Zero Two, an ADQ sovereign wealth fund  entity, has launched its digital assets business in Abu Dhabi UAE to offer latest generation technologies. Zero Two... Details
Has OPNX tokenized exchange for bankrupt crypto companies’ raised large funds from Bahrain?

Has OPNX tokenized exchange for bankrupt crypto companies’ raised large funds from Bahrain?

OPNX exchange, which was recently tagged by Dubai’s VARA (Virtual Asset Regulatory Authority) as not regulated in the UAE, has been rumored to have investors from Bahrain,... Details
Bahrain regulated CoinMENA crypto broker exchange now serving Iraq

Bahrain regulated CoinMENA crypto broker exchange now serving Iraq

CoinMENA announced on LinkedIn that residents and citizens of Iraq can now use CoinMENA to trade crypto safely and easily. This will be the 8th country... Details
Dubai Virtual asset regulator warns against dealing with virtual asset exchange OPNX

Dubai Virtual asset regulator warns against dealing with virtual asset exchange OPNX

Dubai’s virtual asset regulator, VARA has issued an alert and warning with regards to virtual asset exchange OPNX (opnx.com) which launched on April 4th 2023. As... Details
UAE Securities and Commodities Authority and Dubai’s Virtual asset regulator race against the clock to regulate virtual asset entities

UAE Securities and Commodities Authority and Dubai’s Virtual asset regulator race against the clock to regulate virtual asset entities

The virtual regulatory environment is heating up in Dubai and across the UAE as both UAE’s Securities and Commodities Authority and VARA race towards regulating... Details