Dubai’s Virtual Asset Regulatory Authority to look into impact of FTX exposure in local market
Dubai’s Virtual Asset regulatory Authority (VARA) has issued a statement with regards to FTX exchange. It reiterates that is has revoked the approval of FTX...
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UAE $2 billion crypto mining farm will be finalized in Q2 of 2023
As Phoenix Technology announced its entrance into a strategic exclusive regional partnership with Blockchain crypto mining product entity, they also noted that Phoenix Technology which...
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UAE Midchain’s crypto exchange partners with UAE Bank to offer secure channel for crypto trading and investing
UAE Midchain’s, crypto exchange for trading digital assets has partnered with UAE Al Maryah Community Bank, the leading digital bank to provide a secure channel for...
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UAE now has two crypto hubs and two blockchain crypto asset associations
The Abu Dhabi Finance Week witnessed a lot of announcements including Abu Dhabi Global Market (ADGM) crypto hub the second crypto hub in UAE after...
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Which homegrown MENA crypto exchanges will do proof of reserve and who was exposed to FTX
It all started with the FTX downfall and then Binance’s Co-Founder and CEO call for crypto exchanges to carry out proof of reserves. Since then...
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UAE VARA regulator suspends FTX Crypto Exchange license in a region that was its third biggest revenue base globally
As the FTX debacle unfolds and FTX files for bankruptcy, CEO steps down, UAE VARA ( Virtual Asset Regulatory Authority) in Dubai has suspended FTX’s...
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UAE Mubadala Capital leads $70 million investment in Web3 Fintech startup Ramp
UAE based Mubadala Capital led a Series B funding round of $70 million for Ramp Network, whose claim their mission is to make Web3 a...
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Alex Tapscott hails blockchain startup PermianChain as a digital asset revolution for natural resources
Alex Tapscott, author of Digital Asset Revolution and co-founder of the Blockchain Research Institute, hails Web3 and blockchain start-up, PermianChain for bringing the digital asset...
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Bahrain CoinMENA crypto exchange partners with real estate agency to offer crypto payments for properties
Bahrain regulated CoinMENA, a crypto asset service provider - category 3 license holder has partnered with Carlton Real Estate, a Bahrain-based real estate agency, that...
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Standard Chartered’s institutional crypto exchange and brokerage firm to enter Abu Dhabi UAE in 2023
As per a recent news report Standard Chartered backed institutional cryptocurrency exchange and brokerage firm focused on institutions, is expanding into Abu Dhabi in 2023....
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