A new Crypto Custodian receives preliminary license in UAE
NorthStake a firm which offers safe, compliant and secure investment in Digital Assets for institutional investors as well as crypto staking and trading services has...
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STC Pay to become STC Bank after regulatory approval
Saudi Arabian, stc pay, has received approval from the Saudi Central Bank to proceed with its transformation into STC Bank. This beta launch will enable...
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UAE Central Bank grants in principle approval to Telr payment
Telr, a payment gateway provider of payment gateway solutions provider has been granted in-principle approval for the Retail Payment Services & Card Schemes (RPSCS) License...
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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 a conditional Virtual Asset Service...
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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 Foundation.The Finschia DLT Foundation, chaired...
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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 with investors including Three-point capital,...
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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 UAE's Financial Services Regulatory Authority...
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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 Binance”. While he covered the...
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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 UAE, had announced on LinkedIn...
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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 (D2A2), supported by Dubai Chamber...
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