Dubai
Dubai’s VARA Sets New Deadline for Crypto Entities To Get Licensed
Dubai’s VARA said crypto companies registered under a new legal framework have to finish their applications by November 17. The virtual asset regulator said over…
UAE’s Bid to Become the Crypto Capital of the World
The United Arab Emirates currently has the most number of crypto owners per capita. More than one in four people in the UAE currently own…
Crypto-Linked Money Laundering Schemes Invest in Dubai’s Real Estate
India’s Enforcement Directorate is currently investigating crypto-related fraud. Companies’ money laundering technique involves investing in Dubai’s real estate market using crypto. The illegal money is…
Nomura Subsidiary Laser Digital Awarded Crypto License in Dubai
Dubai’s regulatory body VARA has awarded its operating license to Laser Digital, a subsidiary of Nomura Holdings. CEO Jez Mohideen and the team expressed their…
Binance FZE Becomes the First to Receive Operational MVP License in Dubai
Binance becomes the first exchange to receive Operational MVP License from Dubai. The approved services include virtual asset services to retail and institutional investors. Binance…
Dubai Becomes a Haven for Crypto Enthusiasts Fleeing Strict US Regulation
Ben Armstrong makes a bold move with plans to relocate part of his business to Dubai. Armstrong mentioned that "very important person from Dubai" is…
16-Member Gang, Two Policemen, Tried for Crypto Heist in Vietnam
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…
Dubai Crypto Manager Abducted for €1M Ransom Has Been Rescued in Spain
A crypto manager of a Dubai-based firm was kidnapped while on vacation in Spain. The kidnappers demanded €1 million for his release. The police rescued…
Dubai Grants First Broker-Dealer MVP Operational License to BitOasis
BitOasis is the first Middle Eastern crypto exchange licensed by Dubai's VARA for broker-dealer MVP. The firm is the only broker-dealer to complete VARA's MVP…
Binance Faces Crypto Regulation in Dubai in Addition to the US
Dubai’s VARA has requested Binance to submit the details regarding its business requirements. The city’s move is to approach crypto innovation with stringent regulations. The…
