Dubai

Dubai has launched a pilot program to tokenize its real estate assets, marking a significant move to integrate blockchain technology into the property sector.  The Dubai Land Department (DLD), in...

Crypto.com has obtained a limited regulatory license from Dubai’s Virtual Assets Regulatory Authority (VARA), allowing it to offer derivatives, including futures and perpetual swap contracts, in the Dubai International Financial...

Emirates NBD, a Dubai government-owned bank, has activated digital currency trading services through its subsidiary platform, Liv. According to reports, Liv has started allowing customers to buy and sell digital...

Dubai continues to strengthen its reputation as a global hub for blockchain, Web3, and financial innovation. The city attracts visionaries, policymakers, and thought leaders from around the world, positioning itself...

Blockchain and cryptocurrency adoption hit a new milestone as UAE’s First Abu Dhabi Bank (FAB) partnered with Libre Capital for blockchain-based collateralized lending. The two signed a Memorandum of Understanding...

The United Arab Emirates (UAE) has become a welcoming destination for crypto companies, adopting a more crypto-friendly stance than the United States or the European Union. The country has also...

The United Arab Emirates (UAE) is preparing to launch a legal framework for decentralized autonomous organizations (DAOs). The Ras Al Khaimah Digital Assets Oasis (RAK DAO), a free economic zone,...

Sean McHugh, a senior official with Dubai’s Virtual Assets Regulatory Authority (VARA), pushed back against the opinion that his agency is taking a “friendlier-than-usual” approach to crypto regulation. He stated...

The United Arab Emirates (UAE) saw a 74% jump in the total value of DeFi transactions compared to last year, according to Chainalysis. Token value sent through DEX surged by...

Dubai’s Virtual Assets Regulatory Authority (VARA) has released new marketing guidelines for virtual asset firms, according to a Bloomberg report. The updated guidelines require stronger disclaimers about the risks of...

Sahil Arora, an Indian-born Dubai resident, has come under fire for allegedly orchestrating a multi-million dollar cryptocurrency scheme involving high-profile celebrities. According to a recent investigation by Bubblemaps, Arora capitalized...

Hong Kong is poised to introduce a series of cryptocurrency exchange-traded funds (ETFs), taking a cue from the United States’ efforts. Hong Kong wants its tier 1 level cities to...

Crypto.com gained full operational approval from Dubai’s VARA. The platform is the first global cryptocurrency operator approved in the UAE for use with fiat currency. It plans to expand services...

Changpeng Zhao (CZ), the co-founder and former CEO of Binance, is not permitted to leave the United States after federal prosecutors asked to review a Seattle magistrate’s initial decision. The...

Binance founder Changpeng Zhao will be permitted to remain in the United Arab Emirates while awaiting sentencing scheduled for next year. The concession came after Zhao pleaded guilty to violating...

Crypto companies registered under Dubai‘s new legal framework have until November 17 to finish their applications. The Dubai Virtual Assets Regulatory Authority (VARA) recently made this announcement and warned crypto...

The United Arab Emirates currently leads the list of crypto owners per capita, with more than 27% of its population identifying as crypto asset owners. This metric is indicative of...

A major crypto-related fraud is currently being investigated by the Enforcement Directorate of India. As reported in local news, the ED has found five companies that are involved in money...

Laser Digital, a subsidiary of Nomura Holdings, has received a full crypto license (VASP license) in Dubai. The license is issued by Dubai’s regulatory body known as the Virtual Asset...

Binance’s Dubai subsidiary, Binance FZE, has become the first exchange to receive the Operational Minimum Viable Product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). According to the official...

Cryptocurrency influencer Ben Armstrong, also known as BitBoy Crypto, has recently shared his plans to relocate part of his business to Dubai. As a prominent voice in the crypto community,...

A crypto investor in Vietnam recruited a gang to kidnap and rob another individual. The investor claimed the individual had tricked him out of his Bitcoin investment. Two local police...

A crypto portfolio manager of a Dubai-based firm was recently kidnapped by his new Albanian colleagues and held for ransom while on vacation in Benalmádena, Spain. This development was captured...

On Monday, BitOasis announced that it had become the first crypto exchange in the Middle East to receive a broker-dealer minimum viable product operational license from Dubai’s crypto regulator. The...

According to the latest reports, the Virtual Assets Regulatory Authority (VARA) in Dubai has ordered the leading crypto exchange Binance which received the authority’s MVP license in September 2022, to...