UAE based Encryptus OTC crypto trading platform partners with Azadi record label

UAE based Encryptus OTC crypto trading platform partners with Azadi record label

UAE based Encryptus, a platform for the trading of institutional crypto assets as an OTC (Over the Counter) service provider, with license for “Proprietary Trading... Details

Blockchain entity Belfrics sets up operations in UAE and seeks to trade digital assets

Blockchain provider Belfrics, part of Life Clips Group has set up its operation in the UAE after being admitted to DIFC (Dubai International Financial Centre)... Details
Dubai Virtual Assets regulator licenses digital asset fund of 1 billion USD

Dubai Virtual Assets regulator licenses digital asset fund of 1 billion USD

VARA has made public all the entities that are currently licensed under its authority. The entities fall under various categories including crypto exchanges, DeFi custodians,... Details
Blockchain.com has applied for a crypto license in Dubai UAE

Blockchain.com has applied for a crypto license in Dubai UAE

 UK based Blockchain.com  secured regulatory approval from Italy’s Organismo Agenti e Mediatori (OAM) as a Virtual Asset Service Provider (VASP) allowing it to provide virtual... Details
UAE ranks third globally in terms of number of Blockchain startups

UAE ranks third globally in terms of number of Blockchain startups

The 2022 Worldwide crypto readiness report looks into the number of crypto ATMs, legislations, taxes surrounding cryptocurrencies, as well as the number of blockchain start-ups and the... Details
UAE now home to first crypto basket investing app

UAE now home to first crypto basket investing app

Singaporean start-up, KoinBasket, which recently received a 2 million USD pre-seed funding, is launching the UAE’s first crypto basket application. The company wants to make... Details
Japanese crypto custody provider receives provisional license from Dubai VARA

Japanese crypto custody provider receives provisional license from Dubai VARA

Komainu,  a regulated digital asset custody provider created by Japanese investment bank Nomura, digital asset manager CoinShares and digital asset security company Ledger. has been granted a... Details
OasisX MultiChain NFT marketplace the Oasis for NFTs in the MENA region

OasisX MultiChain NFT marketplace the Oasis for NFTs in the MENA region

The NFT (Non Fungible Token) marketplace trading volume is currently at around 4 billion USD per month despite the crypto bearish sentiments. Yet, the NFT... Details
Blockchain RippleNet to power remittance service between Qatar and Philippines

Blockchain RippleNet to power remittance service between Qatar and Philippines

Qatar National Bank (QNB) has launched a direct remittance service powered by Blockchain RippleNet. The remittance service will offer money transfers from Qatar to Philippines connecting through... Details
Matcha Capital takes on Pakistan with investment in BitBlaze crypto exchange

Matcha Capital takes on Pakistan with investment in BitBlaze crypto exchange

Matcha Capital, a Blockchain crypto investment fund based out of Europe, soon to be opening its offices in Dubai  UAE within DMCC ( Dubai Multi Commodities... Details