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Tag: Dubai's

Dubai Reprimands Three Arrows Capital Founders Over New Exchange OPNX

The founders of collapsed hedge fund Three Arrows Capital (3AC) have found themselves in hot water with Dubai’s crypto regulator over their new project.Kyle...

United Arab Emirates opens licensing applications for cryptocurrency companies

The United Arab Emirates’ (UAE) Securities and Commodities Authority said Monday it has started accepting applications from cryptocurrency businesses for operating licenses in the...

FinTechs and banks unite for innovation at DIFC’s Dubai FinTech Summit Dialogues

DIFC-led dialogue hosts ten heads of banks and FinTechs for discussion on current financial stability and outlook DUBAI, Apr 11, 2023 - (ACN Newswire) -...

Report: Binance Asked to Provide More Information as Dubai Tightens Screws Against Crypto Entities

Dubai’s Virtual Assets Regulatory Authority (VARA) has reportedly asked Binance to share more information about the crypto exchange’s ownership structure and its auditing...

Crypto Millionaires Drive Up Rental Costs in Dubai’s Property Market

Dubai’s property market surged due to crypto high-net-worth individuals. The average annual rent for a single-family villa jumped 26% to $80,436. Last summer in...

Argentinean Airline Becomes the First to Offer Tickets as NFTs on Algorand

Flybondi – a low-cost airline in Argentina – became the first in its field to launch flight tickets in the form of non-fungible...

Elon Musk Acquires a Stake in Lovin Dubai for $100 Million: Report

Elon Musk buys an undisclosed stake in Lovin Dubai for $100M. Lovin Dubai is a news, culture, and lifestyle brand in the Middle-Eastern region....

Canada Shuns Crypto: OKX Out, Dubai Embraces Crypto.com

OKX exits Canadian market. Crypto.com obtains Dubai MVP license. Strict VARA guidelines enforced. On March 20th, Canadian cryptocurrency enthusiasts received a disappointing announcement...

Singapore-based Crypto.com gets preparatory license to expand services in Dubai

Singapore-based cryptocurrency exchange Crypto.com will soon be able to extend its services in Dubai, after it received a Minimal Viable Product (MVP) Preparatory License...

Dubai Partners With South Korea to Expand Web3 and Metaverse 

– Dubai Multi Commodities Centre just lately partnered with South Korean firms to develop the Web3 and metaverse enterprise. â€“ This partnership will leverage the...

Dubai Free Trade Zone DMCC Collaborates With South Korean Web3 Firms

33 mins ago | 2 mins read Blockchain News Dubai is actively promoting itself as a...

UAE to create exclusive free zone for digital, virtual asset companies

Ad The government of Ras Al Khaimah is set to unveil a new free zone tailored for digital and virtual asset firms as the...

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