Dubai VARA asks VASPs to follow and comply with sanction alerts rigorously
On September 18th 2024, Dubai’s Virtual Asset Regulatory Authority shared a circular addressed to VASPs ( Virtual Asset Service Providers) in UAE requiring them to...
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Dubai Virtual asset regulator, VARA fines seven UAE VASPs
The Virtual Assets Regulatory Authority (VARA) as part of its enforcement program has fined as well as issued cease and desist orders 7 VASP entities...
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MultiBank receives crypto exchange license from Dubai’s regulator
MultiBank Group, a financial traditional derivatives institution worldwide headquartered in Dubai, has received a full VASP license for broker and exchange services from VARA (Virtual...
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VARA Dubai tightens the reigns of VASP marketing campaigns
The Virtual Assets Regulatory Authority (VARA) updated its marketing regulations, which it states is aimed at strengthening the regulatory framework for Virtual Asset Service Providers...
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Binance appoints female General Manager for Dubai operation
Binance, crypto exchange in the UAE has appointed a female General Manager for its Dubai operation. Stephanie Emile who assumed the role in August 2024...
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Dubai virtual asset regulator grants in principle approval to Amber Group
Amber Group, a digital assets manager through its subsidiary Amber Premium FZE, a Dubai-based subsidiary of Amber Group, has secured in-principle approval for a Virtual...
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Soter a digital asset insurer, a portfolio company of UAE Further Ventures receives initial regulatory approval from BMA
A portfolio company of Abu Dhabi based Further Ventures, Soter Insure, a provider of insurance products tailored to the digital asset economy, whose CEO was...
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OKX Middle East publishes new virtual asset standards for listing on its crypto exchange
UAE based OKX crypto exchange clarifies its new virtual asset standards prior to them being listed on its Middle East exchange as per Dubai’s Virtual...
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OneDegree launches digital asset insurance in UAE
OneDegree, Asia's licensed insurer for digital assets and Dubai Insurance Company have announced the issuance of digital assets custodial risk insurance to their customers in...
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ByBit crypto exchange receives VASP license in UAE
The UAE Virtual Regulatory Authority website has just listed ByBit crypto exchange, the second largest crypto exchange globally, as a licensed VASP ( Virtual Asset...
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