Eighteen Dubai based virtual asset providers fined by Dubai’s regulator
In a market notice issued November 17th 2023, the Dubai Virtual Assets Regulatory Authority (VARA), confirmed that the deadline for VA sector to engage in...
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UAE home grown Fuze Finance receives license from Dubai virtual asset regulator
UAE based Fuze Finance under the licensed name Morpheus Software Technology (FUZE) FZE has just received a full VASP license from Dubai’s Virtual asset regulatory...
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Dubai virtual assets regulator appoints new CEO amid intensified regulatory efforts
Dubai’s Virtual Assets Regulatory Authority (VARA) in a press release has announced that Mathew White will be the new CEO of VARA which comes as...
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Indian crypto custodian Liminal receives in principle approval from Abu Dhabi regulator at ADGM
In a press release, Indian based digital asset custodian and wallet, Liminal has been granted an In Principle Approval by Abu Dhabi’s Financial Services Regulatory...
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Hex Trust digital asset custodian receives VARA full license
Hex Trust, a digital asset custodian has announced that it has received a full Virtual Asset Service Provider (VASP) license from the Virtual Asset Regulatory...
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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...
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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...
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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...
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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...
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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...
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