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...
Details
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...
Details
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....
Details
New rules govern how virtual assets are marketed in Dubai
Dubai’s Virtual Asset Regulatory Authority (VARA), with the commencement of its Minimum Viable Product (MVP) Phase, has announced Regulatory Guidelines on Marketing, Advertising and Promotions of VA...
Details
Security token regulations to be issued in Saudi Arabia by end of 2022
In an interview with CNBC Al Arabia, Yazeed Saleh Aldemaigi Deputy, Strategy & International Affairs, at Saudi Capital Market Authority (CMA) announced that regulations for Security Token...
Details
Oman New Securities Law provisions for regulation of virtual assets
Oman Capital Market Authority recently issued its new Securities Law (46/2022) which stipulates that the authority can “Agree to application of technologies, virtual digital investments or...
Details
The Tug of War between the Wall Street of Crypto and the responsible Global crypto Hub
So Now the UAE is being dubbed the Wall Street of Crypto. The terminology was first coined by no other than CZ (Zhao Changpeng) the...
Details
