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Regulations

VARA grants First crypto derivative exchange license to Deribit

VARA grants First crypto derivative exchange license to Deribit

Deribit FZE, the UAE based entity of Deribit group, a crypto derivative options platform, has announced that it has received...

April 2, 2024
UAE ADGM registers its second DLT Foundation

UAE ADGM registers its second DLT Foundation

UAE financial freezone center, based out of Abu Dhabi, ADGM ( Abu Dhabi Global Market) has registered its second DLT...

March 22, 2024
Mantra chain raises $11 million lead by UAE SHorooq partners

Mantra Chain raises $11 million led by UAE Shorooq partners as it closes in on VARA license

MANTRA Chain a Layer 1 blockchain for real world tokenization, has raised $11 million led by UAE based Shorooq Partners...

March 19, 2024
UAE Tungsten officially launches homegrown crypto custodian after receiving license from ADGM

UAE’s first home grown crypto custodian officially launched

Tungsten headquartered in UAE has officially launched the first home grown and regulated crypto custodian after receiving a license from...

March 19, 2024
Binance CEO says little in his 100 days letter

Binance CEO says little in his 100 days letter

On the first of March 2024, Binance’s CEO Richard Teng, wrote a public letter entitled “My First 100 Days Leading...

March 16, 2024
Venom Blockchain Foundation exits UAE to The Cayman Islands

Venom Blockchain Foundation exits UAE to The Cayman Islands

One year ago to date, the Abu Dhabi Global Market, (ADGM) an international financial center, based out of Abu Dhabi...

March 10, 2024
The feedback and insights gathered during the roundtable discussion will be consolidated into a submission by D2A2 on behalf of the stakeholders to regulatory authorities for suitable action.

Dubai digital asset association discusses virtual asset regulations with VARA and SCA

Dubai’s virtual assets regulatory accomplishments was the center of discussions at the recent event hosted by Dubai Digital Assets Association...

March 7, 2024
Nexo crypto platform receives initial license approval from Dubai's VARA

Nexo crypto platform receives initial license approval from Dubai’s VARA

Nexo, a crypto and digital assets fintech platform has received initial approval from Dubai’s regulatory authority VARA. Nexo DTC, its...

March 5, 2024
WadzPAY receives crypto broker license from VARA in UAE

Dubai regulator grants WadzPay a crypto broker license but not a payment one

The Dubai based entity of WadzPay, WPME Technology, which specializes in blockchain based technology for virtual assets has been granted...

February 28, 2024
From UAE to Turkey,Crypto exchange OKX expands in MENA

From UAE to Turkey Crypto exchange OKX expands in MENA

After OKX received its crypto exchange VASP license from Dubai UAE through VARA ( Virtual Asset Regulatory Authority), the crypto...

February 27, 2024
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