Eight crypto entities receive in-principle approval from VARA Dubai
Eight crypto entities have received in-principle approval from Dubai's Virtual Asset Regulatory Authority (VARA) listed on VARA website. Those receiving in principle approval include names...
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Dubai authorities investigated $65.3 million worth of crypto money laundering
During the years between 2022 and 2024 Dubai Police revealed that they had conducted money laundering financial investigation cases including $16.3 million ( 60 million...
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29 percent of Middle East Wealth owners see crypto asset wealth transfer as a problem
As the popularity of crypto rises not only globally but in the UAE, a recent DIFC Innovation Hub, Julius Baer, and Euroclear report entitled "Navigating...
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UAE headquartered crypto exchange FreedX raises $50 million
Freedx, a cryptocurrency exchange with its headquarters noted to be in Dubai UAE, yet unregulated in the country till now, claims that it has raised...
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UAE regulated GCEX partners with Fireblocks
GCEX a provider of digital assets and foreign exchange solutions regulated in Dubai UAE, has integrated with FireBlocks, an enterprise platform to manage digital asset...
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Another employee at UAE crypto exchange Midchains leaves
Another Midchains employee has left for other opportunities in the UAE. Yesterday Scintilla announced that it had appointed the former compliance officer from Midchains to...
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UmrahCash and Saudi Hajj services to offer stablecoin payment solutions
Saudi based UmrahCash, a Blockchain fintech stablecoin issuer platform, has signed a Memorandum of Understanding (MoU) with the Muttawffys of Arabs Hajj Company (Ashraqat) aimed...
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Jordanian government approves crypto regulatory framework
The Jordanian government Cabinet, chaired by Prime Minister Jafar Hassan, has approved the establishment of a comprehensive regulatory framework for virtual and digital assets within...
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OFZA Crypto exchange now licensed by Dubai’s Regulator
OFZA, a UAE established cryptocurrency exchange that provides seamless and secure crypto trading offering has secured a full VASP license from Dubai's Virtual Asset Regulatory...
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UAE Further Ventures invests $5 million in GRVT decentralized crypto exchange
UAE based Further Ventures, capital markets investment firm, has invested $5 million in GRVT, a regulated Decentralized exchange. The investment will be utilized to drive...
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