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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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 UAE entity will be seeking...
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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 a Virtual Assets Service Provider...
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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 exchange now receives a license...
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Fastex crypto exchange gets initial approval from VARA in Dubai
Fastex, a crypto exchange, payments gateway and ecommerce platform, has set up an office in Dubai World Trade Center, as it seeks a license from...
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New crypto broker license on the way for DKK partners with initial approval from Dubai VARA
DKK Partners FZE, subsidiary of DKK Partners a fintech company, has announced that it has been granted an initial approval by the Dubai Virtual Assets...
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