Law Decoded: Arab States of the Gulf open up to digital asset services, March 14–21
Crypto comes to the Persian Gulf, U.S. Congress moves sideways, Australia is looking at regulating DAOs.
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UAE Hospitality Brand Stella Stays Now Accepts Crypto
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…
It’s official: Binance secures a license to operate in Dubai
It becomes the company’s second license in a Middle East jurisdiction obtained this week.
Dubai Approves First Law to Regulate Digital Assets, Establishes Regulator to Oversee Crypto Sector
Dubai has adopted its first law to regulate the crypto sector. It has also established a dedicated regulator to oversee crypto activities and related service providers. Crypto Sector Regulated in…
The crypto oasis: How the UAE became the Middle East’s digital asset champion
The nation has a patchwork of largely crypto-friendly, region-specific rules that can finally get standardized.
UAE Prepares to Launch Nationwide Crypto Licensing System in Line With Global Standards
The United Arab Emirates (UAE) is getting ready to start issuing federal licenses to cryptocurrency service providers in the first quarter. The UAE crypto regulation will take a hybrid approach.…
UAE reportedly plans to issue federal crypto license for VASPs
The crypto license legislation might be the first nationwide crypto-focused regulation. However, various free zones in the country had introduced crypto regulations as early as 2018.
Gift to Pope Francis Sold as NFT Raises $80,000 for Afghanistan
A carpet presented by the United Arab Emirates as a gift to the head of the Catholic Church a few years ago has been sold in the form of NFT.…
Crypto makes history in 2021: Five instances of governments embracing digital assets
While 2021 surely saw a few regulatory setbacks, some governments delivered masterclasses in forward-looking crypto regulation.