Dubai permits full operation to FTX subsidiary FZE via first MVP license
According to Dubai officials, the subsidiary’s operations will serve as a regulatory trial for future commercial services using virtual assets.
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According to Dubai officials, the subsidiary’s operations will serve as a regulatory trial for future commercial services using virtual assets.
Huobi cryptocurrency exchange is expanding its global footprint by winning its first-ever licenses in Dubai and New Zealand.
UAE has made blockchain technology a key focus for its future strategies and currently building a decentralized ecosystem to make it a global blockchain hub.
Crypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with Japanese regulators.”
The move came less than two months after Sheikh Mohammed bin Rashid Al Maktoum established VARA and announced a new legal framework for crypto in Dubai.
With the new operational license in Abu Dhabi, Kraken aims to provide access to global liquidity to local investors via dirham (AED) trading pairs.
A major cryptocurrency exchange in the UAE, Bitoasis, has obtained provisional approval from Dubai’s new cryptocurrency regulator. Binance and FTX have also been green-lighted by the regulator. Bitoasis Pursuing License…
Crypto comes to the Persian Gulf, U.S. Congress moves sideways, Australia is looking at regulating DAOs.
A hospitality brand from the United Arab Emirates(UAE), Stella Stays, has announced that its clients can now pay for services with cryptocurrencies. Clients can pay with bitcoin, ethereum, and 35…