Dubai Says Yes to Crypto Salaries
A United Arab Emirates court has recognized cryptocurrencies as a mode of salary payment in a landmark ruling affecting employment contracts. According to a report by Lexology, the ruling by…
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A United Arab Emirates court has recognized cryptocurrencies as a mode of salary payment in a landmark ruling affecting employment contracts. According to a report by Lexology, the ruling by…
TL;DR Ripple is partnering with the Dubai International Financial Center (DIFC) to enhance blockchain and crypto innovation in the UAE, focusing on early-stage companies and scale-ups. This collaboration is seen…
Indian crypto exchange Coindcx is expanding globally by acquiring the Middle Eastern digital asset platform Bitoasis. This strategic move enhances Coindcx’s presence in the Middle East and North Africa (MENA)…
On June 10, OM, the native token of the decentralized finance (DeFi) platform MANTRA, reached an all-time high of $1.09. This milestone coincides with the project’s strategic expansion efforts within…
MANTRA launches a new incubator in Dubai World Trade Center to advance Real World Asset tokenization, backed by an $11M funding round. The post MANTRA debuts incubator with $100,000 grant…
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…
After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm…
On January 29, Sheikh Mansour Bin Zayed Al Nahyan, Chairman of the Board of the Central Bank of the UAE, marked a momentous occasion by conducting the first-ever cross-border payment…
Fasset has been granted a Virtual Asset Service Provider (VASP) license from regulators in Dubai, allowing it to perform broker-dealer services legally in the emirate.
While eToro received Financial Services Permission (FSP) approval for operating as a securities, derivatives and crypto assets broker, M2 became a fully regulated Multilateral Trading Facility (MTF) and custodian.