Tag: Abu Dhabi Global Market
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UAE Introduces First Regulatory Regime For Virtual Assets
UAE introduces federal-level virtual asset regulations. The regulations will protect investors of the state from risks in UAE’s virtual asset market. The Cabinet exempted...
Binance Now Authorized in 7 EU Countries — Sweden Becomes Latest Member State to Give Approval
Crypto exchange Binance is now legal to operate in seven European countries following the latest approval by Sweden’s financial regulator. Overall, Binance has...
Venom Foundation Announces Landmark $1 Billion Web3 Fund
Layer-1 blockchain Venom Foundation has joined forces with investment manager Iceberg Capital, with the pair announcing a $1 billion venture fund to support promising...
Abu Dhabi-based Venom Foundation creates $1B Web3 and blockchain fund.
Venom Foundation, which operates as a blockchain platform and is based in Abu Dhabi, and Iceberg Capital, which operates as an investment management firm...
Abu Dhabi-based Venom Foundation launches $1B fund for Web3 and blockchain
Abu Dhabi-based blockchain platform Venom Foundation and investment manager Iceberg Capital announced they will allocate $1 billion of funding to Web3 and blockchain firms...
Sportsman Shikhar Dhawan launches $75M Global SportsTech Venture Fund
ABU DHABI, UAE, Dec 17, 2022 - (ACN Newswire) - International cricketer and entrepreneur Shikhar Dhawan has launched Da One Global Ventures (DOGV), a $75 million Global SportsTech...
International Cricketer Shikhar Dhawan announces $75M Global Investment Sports Tech Fund
ABU DHABI, UAE, Dec 13, 2022 - (ACN Newswire) - On day one of the prestigious Abu Dhabi Finance Week (ADFW), leading international cricketer and entrepreneur Shikhar Dhawan...
Crypto Trading Firm ‘Hayvn’ Plans Bidding For Acquiring FTX Pay
9 seconds ago | 2 mins read Exchange News Executives at Hayvn believe FTX...
5 Tales from the Crypto: FTX Fallout and Making the Case for Keeping the Faith
The fallout over the collapse of cryptocurrency exchange FTX continues. On Friday, the embattled company filed for Chapter 11 bankruptcy protection, noting that...
UAE’s Free Zone Regulator FSRA Fines Wise $360k for Gaps in AML System
The Financial Services Regulatory Authority (FSRA), the market supervisor of the United Arab Emirates’ (UAE) Abu Dhabi Global Markets, one of the country's international...
Regulator Says UAE ‘Closer to Issuing the Regulatory and Supervisory Framework’ for VASPs
The United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA) has said.
FATF Recommendations
A UAE securities regulator, the SCA has said it is getting closer to “issuing the regulatory and supervisory framework related […]
Swiss Crypto Bank SEBA Gets License to Operate in UAE Financial Center
The Swiss crypto bank, SEBA Bank, was recently granted a license to operate in the Abu Dhabi Global Market (ADGM), the UAE’s financial center. The license allows SEBA to conduct regulated services. SEBA’s Strategy The Swiss-registered digital asset bank, SEBA Bank, has been granted a license that allows it to operate in the UAE’s international…
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