BitOasis becomes Fifth licensed crypto service provider to operate in Bahrain

BitOasis becomes 5th crypto service provider to operate in Bahrain

BitOasis, crypto broker has received its first license in the GCC and MENA region from Bahrain. The Category 2 license allows BitOasis to offer crypto... Details
Aspen Digital receives in principle approval to offer digital asset investment services in UAE

Aspen Digital receives in principle approval to offer digital asset investment services in UAE

Aspen Digital, aimed at helping to accelerate the continued adoption of digital assets, and offer technical solutions to asset managers, high net worth individuals, family... Details
UAE and Morocco coordinate on AML and CTF offering UAE experience in virtual assets

UAE and Morocco coordinate on AML and CTF offering UAE experience in virtual assets

  In a recent visit between UAE, Hamid AlZaabi, Director General of the Executive Office of Anti-Money Laundering and Counter Terrorism Financing (EO AML/CTF), hosted... Details
ADGM regulates first stablecoin issuance USDL from Paxis

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... Details
Hex Trust receives full crypto brokerage and staking license from Dubai's regulator

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... Details
Dubai's DIFC Regulatory authority now allows crypto asset investment and stablecoins

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... Details
Rain crypto exchange issues statement with regards to lost funds

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... Details
The first regulated crypto exchange in the Middle East has lost $14.8 million

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... Details
UAE based AMINA Bank if ETH is a security there are significant risks to entire crypto community

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... Details
QCP Capital is granted in principle approval from ADGM to offer crypto derivatives solutions in UAE

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... Details