Dubai

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...

Dubai’s property market is transforming as crypto millionaires, bankers from Asia, and wealthy Russians seeking to shield assets move in. Data shows that the influx of these high-net-worth individuals has...

The Central Bank of the UAE (CBUAE) has launched the Financial Infrastructure Transformation Programme (FIT). The FIT Programme has included nine key digital finance initiatives aimed at the acceleration of...

Dubai’s Virtual Assets and Regulatory Authority (VARA) has issued the much anticipated Full Market Regulations for Virtual Assets Services Providers (VASPs). The Dubai digital asset regulator posted about the development...

The world’s most private crypto tracker, Recap, recently published a list of the top 50 major cities with infrastructures to experience mass adoption of cryptocurrencies. Based on eight data points,...

A report released by Recap, a crypto tax software, and portfolio tracking company, ranked Dubai as the second most crypto-ready city in the world on account of its zero percent...

At the World Economic Forum’s (WEF) annual summit at Davos, Switzerland, Thani Al-Zeyoudi, the UAE’s Minister of State for Foreign Trade declared that crypto would have a crucial role in...

UAE’s largest free-trade crypto center, Dubai Multi Commodities Centre (DMCC), declared 2022 as the “best-ever” year, as the company showed a year-on-year increase of 23% in attracting more businesses to...

Sheikh Hamdan bin Mohammed approved the new phase of the Dubai Metaverse Strategy. This move could turn Dubai into a top metaverse economy, enhancing the digital economy. “The strategy intends...

Turkish American economist Nouriel Roubini calls out the crypto industry for being heavily right-winged. Roubini was called a zionist for criticizing Binance for acquiring an operations license in UAE. He...

FTX’s SBF is under supervision along with executives Gary Wang and Nishad Singh. They are reportedly attempting to flee to Dubai. Kraken has announced that FTX’s and its executives’ accounts...

Shiba Inu payments are now accepted at Marriott’s W Hotel in Dubai. Travel website Travala activated SHIB payments in 2021. SHIB can be used to book automobiles including Ferrari, Lamborghini,...

Q9 Capital received an interim virtual asset approval from VARA. The firm can now provide investors and institutions with digital asset exchange services. The subsidiaries of Crypto.com, OKX, and FTX...

Etisalat store in Dubai Mall creates a virtual store in the metaverse for its customers. The Director of Infosys Technologies UAE shares the news during the Gitex event. This upcoming...

21Shares AG launch first physically-backed ETP on Nasdaq Dubai. The ETP will trade under the ticker ABTC. The listing came after a $25 million investment round from parent company 21.co....

Brinc will expand its global presence by opening an office in DMCC. The crypto center offers a complete ecosystem for businesses and entrepreneurs interested in blockchain and Web3. Partnership strengthens...

Artificial intelligence ecosystem Multiverse Labs has launched a metaverse city in Sharjah. The virtual city is backed by the Sharjah Commerce and Tourist Department Authority. The Sharjahverse will grant access...

DEWA becomes the first local government body to launch its platform on the metaverse. At the Digital Transformation Steering Committee Meeting, DEWA reviewed seven projects using metaverse. Additionally, Gitex Global...

Dubai Chambers formed a pact with SEE institute to launch a special training program for digital startups. 30 businesses from Dubai and other markets would be invited to participate. All...