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Tag: dubai financial services authority

Blockchain Test Proves Its Potential in the DFSA’s Regulatory Sandbox

Based on a partnership with ZTLment ApS, a local B2B software company in Denmark, the Danish Financial Supervisory Authority (DFSA) has announced that it conducted a test that examined the use of b...

Henyep UK Changes Company Name to HYCM

On January 19, Henyep, a global CFD and forex broker, announced that it has changed the name of its London-based regulated entity from Henyep Capital Markets (UK) Limited to HYCM Capital Markets (U...

HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain

HSBC plans to improve the KYC process for local investors and corporate clients by leveraging blockchain technology.

Dubai Authorities Warn Against Fake Digital Currency Dubai Coin

Dubai Authorities Warn Against Fake DubaiCoin
Dubai Authorities Warn Against Fake DubaiCoinDubai authorities issued a warning against a digital currency called Dubai Coin, stating that the token never received approval from any official authority.  Dubai Does Not Have an Official Digital Currency In a tweet on Thursday (Amy 27, 2021), the Dubai Media Office said that an unlicensed website was promoting the scam token and using
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XTB Aims to Start UAE Operation by the First Half of 2021

The broker is still in the process of obtaining a DFSA license.

A $1.45 billion Bitcoin fund is soon listing on NASDAQ Dubai

3IQ Corp, the company behind a $1.45 billion Bitcoin Fund listed on the Toronto Stock Exchange (TSX), is gearing up to list it on Nasdaq Dubai, local outlet The National reported today.

The post A $1.45 billion Bitcoin fund is soon listing on NASDAQ Dubai appeared first on CryptoSlate.

Dubai-based licensing company adopts cryptocurrency payments

KIKLABB has become the first state-owned entity in the United Arab Emirates to accept cryptocurrency payments.

UAE’s Authorities Request Financial Service Providers to Use Latest Fintech and Regtech to Help Follow AML Guidelines During COVID-19 Outbreak

The United Arab Emirates’ (UAE) top regulatory authorities have asked local businesses to leverage the latest Fintech solutions to counter anti-money laundering (AML)...

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