Tag: Dubai

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Crypto Exchange Binance Secures Full Virtual-Asset Services Provider (VASP) License in Dubai

Crypto Exchange Binance Secures Full Virtual-Asset Services Provider (VASP) License in Dubai

Binance's local unit, Binance FZE, obtained an Operational MVP license in mid-2023, a VARA filing shows. That allowed it to serve institutional invest [...]
Zignaly Announces Cosmos-Based Layer-1 Blockchain ZIGChain, $100M Ecosystem Fund

Zignaly Announces Cosmos-Based Layer-1 Blockchain ZIGChain, $100M Ecosystem Fund

“The wealth-management layer within ZIGChain shall allow a truly effortless user experience by building a wealth management service on top of any DeFi [...]
Dubai Regulator Wants to Lower the Cost of Compliance for Small Crypto Firms

Dubai Regulator Wants to Lower the Cost of Compliance for Small Crypto Firms

While Dubai's regulatory rules were broadly welcomed, some firms worried about the expense. www.coindesk.com [...]
Crypto.com Obtains Full Dubai Operational License

Crypto.com Obtains Full Dubai Operational License

Singapore-based crypto platform Crypto.com has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA) for its loca [...]
Crypto Exchange Deribit’s Dubai-Based Entity Wins Conditional VASP License

Crypto Exchange Deribit’s Dubai-Based Entity Wins Conditional VASP License

The VASP license is mandatory and a prerequisite for conducting virtual asset business in Dubai. According to White & Case, the license, once obta [...]
3AC’s Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going ‘Bankrupt’

3AC’s Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going ‘Bankrupt’

“Am I sorry for a company going bankrupt? No, like companies go bankrupt, almost every company goes bankrupt, right?” Davies said about the public sen [...]
Crypto Lender Nexo Secures First Regulatory Victory in Dubai

Crypto Lender Nexo Secures First Regulatory Victory in Dubai

Receiving a full license involves three stages: an initial provisional permit, a preparatory license, and an operating license. Nexo’s regional entity [...]
The hottest housing markets for the super rich in 2024

The hottest housing markets for the super rich in 2024

The Port of Fontvieille Harbor in the Principality of Monaco.Education Images | Universal Images Group | Getty ImagesThe ultrawealthy are looking for [...]
OKX’s Middle East Business Wins Dubai Virtual Assets License

OKX’s Middle East Business Wins Dubai Virtual Assets License

OKX Middle East Fintech FZE will be offering local currency trading pairs such as AED/BTC, AED/ETH, and more in the coming weeks, said OKX General Man [...]
Trump who? Republicans in Dubai try to carve out their own climate agenda.

Trump who? Republicans in Dubai try to carve out their own climate agenda.

Republicans now broadly acknowledge that climate change is a problem that needs to be addressed. But they put their policy emphasis on supporting U.S [...]
Crypto investment platform Fasset granted operational license in Dubai

Crypto investment platform Fasset granted operational license in Dubai

Digital asset investment platform Fasset was granted an operational license on Nov. 29, according to a listing on the Dubai Virtual Asset Regulatory A [...]
Crypto investment platform Fasset granted operational license in Dubai

Crypto investment platform Fasset granted operational license in Dubai

Digital asset investment platform Fasset was granted an operational license on Nov. 29, according to a listing on the Dubai Virtual Asset Regulatory A [...]
Digital Asset Investment Platform Fasset Wins Operational Licence in Dubai

Digital Asset Investment Platform Fasset Wins Operational Licence in Dubai

"As one of the most progressive regulatory frameworks in the world, the VARA approval is a crucial link in our global licensing portfolio, connecting [...]
Crypto Hedge Fund Nine Blocks Secures Digital Assets License From Dubai’s VARA

Crypto Hedge Fund Nine Blocks Secures Digital Assets License From Dubai’s VARA

“Being market neutral, we don’t take any directional risk, so whether bitcoin is going up or going to go down doesn't matter much to us,” Arslanian sa [...]
CZ released on $175M bond, could return to Dubai

CZ released on $175M bond, could return to Dubai

Binance founder Changpeng “CZ” Zhao will pay a $175 million release bond and agree to return to the United States 14 days before his Feb. 23, 2024 sen [...]
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