UAE ADGM regulates first stablecoin issuance from Paxos
Paxos International, a UAE-based affiliate of Paxos, announced the launch of Lift Dollar (USDL) – a yield-bearing stablecoin issued under regulatory supervision of the Financial...
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Hex Trust receives full crypto brokerage and staking license from Dubai’s regulator
Hex Trust Group, a provider of digital asset solutions for institutional finance, protocols, foundations, and the Web3 ecosystem, has secured its fully operational Virtual Asset...
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Dubai’s DIFC Regulatory authority now allows crypto asset investment and stablecoins
The Dubai Financial Services Authority (DFSA) the regulatory arm of DIFC ( Dubai International Financial Center) has amended its crypto token regime. These changes stem...
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Rain crypto exchange issues statement with regards to lost funds
In a blog post, RAIN Crypto exchange regulated in both Bahrain and the UAE issued a statement replying to the report by ZachXBT that the...
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The first regulated crypto exchange in the Middle East has lost $14.8 million
According to ZachXBT, an internet sleuth with over 500 hundred thousand followers on Twitter, Bahrain and UAE regulated crypto broker, RAIN, has been likely exploited...
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UAE based AMINA Bank if ETH is a security there are significant risks to entire crypto community
UAE based AMINA Bank, previously know as SEBA crypto bank, regulated in Abu Dhabi ADGM, has published an interesting article on Ethereum, and ETH being...
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UAE regulator grants QCP capital approval to offer crypto derivative trading solutions
QCP, an institutional digital assets company, announced in a press release, that they have received In-Principle Approval from the Financial Services Regulatory Authority (FSRA) of...
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After its crypto broker license in UAE, WadzPay now seeks license for stablecoin issuance
WadzPay, a fintech blockchain based technology for virtual asset payment solutions, has announced its entrance into the Stablecoin business. According to the press release, this...
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UAE regulated Hextrust crypto custodian granted new license for crypto brokerage from VARA
HexTrust, a digital asset custodian, under the UAE entity name of HT Market MENA, has been granted a VASP license from Dubai’s Virtual Asset Regulatory...
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Built on the blockchain Bahrain’s first tokenized Sukuk platform awakens
Built on Tezos blockchain, Bahrain based Real World Tokenization entity INABLR Middle East recently graduated from the Central Bank of Bahrain’s regulatory sandbox having piloted...
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