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Regulations

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...

August 11, 2023

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,...

June 22, 2023

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...

June 22, 2023

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...

June 6, 2023

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...

June 6, 2023

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...

June 1, 2023

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...

May 31, 2023

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...

May 29, 2023

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...

January 10, 2023

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...

November 27, 2022
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