Middle East regulatory clarity drives crypto industry growth — Binance FZE head
UAE, Dubai and Bahrain continue to attract major cryptocurrency exchanges and businesses due to their progressive regulatory approaches.
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Solana becomes ecosystem partner of Dubai free zone
The Solana Foundation has become an ecosystem partner for the Dubai Multi Commodities Centre, one of the free economic zones within the UAE.
Nomura’s Laser Digital receives in-principal approval for operations in Abu Dhabi
The Japanese bank joins a rapidly growing number of digital asset firms operating in Abu Dhabi and the rest of the United Arab Emirates.
How to buy Bitcoin in Dubai
Experience zero tax on crypto trades — find out how to buy Bitcoin in Dubai.
Dubai-Based JPEX Winds Down Operations, Blames Partners
JPEX, a Dubai-based crypto exchange and lending platform, shuttered operations overnight due to a sudden liquidity crisis on the 17th of September. According to a statement by the platform, the…
Nomura, CoinShares, Ledger joint venture Komainu wins Dubai crypto license
Komainu attained the final step in VARA’s licensing process nearly 10 months after securing its MVP license in November 2022.
Dubai Authorities Fined OPNX $2.7 Million for a Market Offense
Dubai’s Virtual Asset Regulatory Authority (VARA) fined OPNX — the cryptocurrency project created by founders of the defunct digital asset hedge fund Three Arrows Capital (3AC) — along with the…
Dubai lures AI, Web3 enterprises with 90% subsidized commercial licenses
In addition to attracting talent, Dubai has also given out operational licenses to crypto exchanges over the past several months.
FTX Seeks to Exclude Dubai Unit From U.S. Bankruptcy Proceedings
Bankrupt cryptocurrency exchange FTX has filed a motion to remove its Dubai unit from the ongoing bankruptcy proceedings in the United States. According to a document submitted to the U.S.…
FTX files motion to exclude its Dubai unit from bankruptcy proceedings
FTX filed for bankruptcy in November 2022, with 102 of its units worldwide entering Chapter 11 proceedings.