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Nexo Secures Preliminary VARA Approval to Launch Crypto Lending and Brokerage Services in Dubai

On Tuesday, Nexo announced its Dubai entity, Nexo DWTC, had secured preliminary approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to engage in virtual asset lending, borrowing, and broker-dealer activities…

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UAE researchers launch blockchain carbon trading platform at COP28

The institute said it adopted a lightweight and efficient blockchain not intended to be computationally wasteful, where trading can be facilitated at little to no cost.

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Abu Dhabi grants virtual asset firm M2 permission to offer crypto services

M2 platform will launch later in 2023, allowing UAE-based retail and institutional clients to buy, sell and custody virtual assets.

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Bitcoin miner Marathon Digital hit with another SEC subpoena

The first subpoena was given to Marathon in the third quarter of 2021, concerning whether it may have violated federal securities laws relating to its data center in Hardin.

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