Dubai’s Department of Economy teams up with VARA to integrate virtual asset service offering to UAE market
The Dubai Department of Economy and Tourism and the Virtual Assets regulatory Authority have signed an MOU to unify VASP ( virtual asset service provider)...
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Dubai Virtual Assets Regulatory Authority publishes fee’s schedule for various activities
The Dubai Virtual Assets Regulatory Authority [VARA] has announced a schedule of fees covering the issuance of no-objection certificates to proprietary traders, amendments or withdrawal of licence...
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Blockchain Security auditor Hacken partners with Dubai Blockchain Center
Ukraine headquartered Hacken, a blockchain security auditor that aims to make Web3 a safer place, has partnered with Dubai Blockchain Center. As per a Hacken...
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Oman’s Green Data City to have full blockchain capacity in 2023
Oman’s Green Data City, the first data center in Oman to obtain a crypto mining license will have full blockchain capacity in 2023. The datacenter...
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UAE based Aquanow, digital assets infrastructure provider receives initial approval from Dubai’s VARA
Aquanow, a digital assets infrastructure provider has unilaterally announced that it has received initial approval from Dubai’s Virtual Asset Regulatory Authority (VARA), while it undertakes...
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A look into UAE Central Bank’s AML guidance document for virtual assets and what it means for the future of VASPs in UAE
The UAE Central Bank has issued its long awaited virtual assets and virtual assets service provider framework under the umbrella of a new guidance on anti-money laundering...
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UAE Central Bank issues guidance defining business models for Virtual assets, and Virtual assets service providers
The Central Bank of the UAE (CBUAE) in a press release announced that it has issued a new guidance on anti-money laundering and combatting the financing of...
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MENA FATF adopts Abu Dhabi’s five recommendations on virtual assets
During the recent MENA FATF (Financial Action Task Force) regional body’s workshop attendees adopted several recommendation proposes by Abu Dhabi including those pertaining to virtual...
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Algerian Central Bank to adopt CBDC for national currency
At the end of 2022 the Prime Minister of Algeria, Aimene Benabderrahmane announced that the Central Bank of Algeria is intending to adopt a national digital currency...
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4 percent of FTX Global Clients based out of UAE
Bloomberg just published a piece today November 27th 2022 that is rocking the UAE crypto ecosystem and is one of the most read pieces on Bloomberg as of now....
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