Crypto.com appoints UAE National as president of its UAE Operation

Crypto.com will soon operate in the UAE after receiving license

Crypto.com, a global crypto exchange with more than 50 million clients has announced that it will soon be operational in the UAE after receiving a... Details
OKX now has a General Manager for MENA based out of Dubai UAE

OKX now has a General Manager for MENA based out of Dubai UAE

OKX crypto exchange, with more than 50 million users, seeking a license in the UAE, has announced that it has appointed a General Manager for... Details
Dubai virtual asset regulator calls on more than 1,000 firms to finalize applications in ten days

Dubai virtual asset regulator calls on more than 1,000 firms to finalize applications in ten days

Dubai's Virtual Assets Regulatory Authority (VARA) announced that while more than 1,000 legacy firms have filed applications to register under Dubai's unique regulatory framework, underscoring... Details
TON and XRP tokens join Bitcoin, Ethereum and Litecoin in DIFC recognized crypto regime

TON and XRP tokens join Bitcoin, Ethereum and Litecoin in DIFC recognized crypto regime

Two new crypto tokens TonCoin (TON), and Ripple’s XRP have joined Bitcoin (BTC), Ethereum, and Litecoin as recognized crypto tokens by the Dubai Financial Services... Details
Dubai virtual asset regulator to offer 15 crypto licenses by end of the year with DeFi,gamefi, and crypto derivatives regulation

VARA to license 15 entities by end of 2023, and launch DeFi regulations, Gamefi, and crypto derivatives

In a recent LinkedIn post, Soham Panchamiya, Associate for tech companies and regulatory disputes at Reed Smith, one of the leading global law firms with... Details
BackPack Crypto XNFT wallet receives full license for crypto exchange in UAE

BackPack XNFT wallet receives regulated crypto exchange license in UAE

BackPack Web3 non custodial XNFT wallet has received a full license by Dubai Virtual asset regulatory authority allowing it to run a regulated crypto exchange... Details
Blockchain tech settlement provider WadzPay receives initial regulatory approval in UAE

Blockchain settlement entity WadzPay receives initial regulatory approval in UAE

WadzPay has been granted "Initial Approval" by Dubai’s Virtual Assets Regulatory Authority (VARA), marking a pivotal step in Wad pay’s journey towards obtaining a Virtual... Details
Qatar launches QFC Innovation Dome for Digital assets to tokenize securities, real estate, bonds, shares on Blockchain

Qatar launches “QFC Innovation Dome” for Digital assets to tokenize securities, real estate, bonds, shares on Blockchain

On Sunday October 29th, Qatar announced one of the biggest digital assets initiatives in the country and the GCC region, the Qatar Innovation Dome for... Details
DIFC Courts partners with RAK digital assets Oasis for greater digital economy services awareness

DIFC Courts partners with RAK digital assets Oasis for greater digital economy services awareness

The UAE Dubai International Financial Centre (DIFC) Courts has signed an agreement with Ras Al Khaimah Digital Assets Oasis (RAK DAO) the world’s first and... Details
UAE Public Prosecution launches Forum on money laundering crimes using virtual assets

UAE Public Prosecution discusses money laundering crimes using virtual assets

The UAE Public Prosecution is launching a forum entitled  “Financial Crimes Foresight Forum” on 11th October 2023, to discuss money laundering crimes using Virtual Assets.... Details