Tag: Dubai

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Nomura’s crypto arm Laser Digital bags Dubai VARA license

Nomura’s crypto arm Laser Digital bags Dubai VARA license

The crypto arm of Nomura has obtained an operating license from Dubai’s Virtual Asset Regulatory Authority (VARA) amid the Japanese financial holding’ [...]
Binance to offer crypto broker-dealer services in Dubai with new license

Binance to offer crypto broker-dealer services in Dubai with new license

Major cryptocurrency exchange Binance has reached another milestone in relationships with regulators in the United Arab Emirates by winning a new lice [...]
Binance Gains Operational License in Dubai

Binance Gains Operational License in Dubai

"The progression from the Provisional License, granted in 2022, to an Operational MVP License, means eligible users in Dubai will now be able to acces [...]
Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion

Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion

The crypto trading platform plans to hire up to 60 new members of staff in the region. www.coindesk.com [...]
Dubai Regulator Suspends Crypto Exchange BitOasis' Conditional License

Dubai Regulator Suspends Crypto Exchange BitOasis' Conditional License

BitOasis said it's working closely with the Virtual Assets Regulatory Authority to fulfil the conditions. www.coindesk.com [...]
Dubai crypto regulator suspends BitOasis crypto exchange license

Dubai crypto regulator suspends BitOasis crypto exchange license

Dubai’s cryptocurrency regulator has suspended the license of crypto exchange BitOasis for not meeting mandated conditions within the timeframes set o [...]
Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg

Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg

The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services si [...]
ByBit’s MVP license in Dubai ‘very restricted,’ CEO says

ByBit’s MVP license in Dubai ‘very restricted,’ CEO says

Dubai-headquartered cryptocurrency exchange Bybit already operates out of Dubai, but its current licensing doesn’t allow the firm to serve all custome [...]
OKX to Add Dubai Staff After Winning MVP Preparatory License From VARA

OKX to Add Dubai Staff After Winning MVP Preparatory License From VARA

“For OKX, we have always blocked U.S. customers and so we are not active in the U.S.,” Byun said. “We will make a decision about the U.S., when and if [...]
3AC founders run into fresh trouble in Dubai over new exchange OPNX

3AC founders run into fresh trouble in Dubai over new exchange OPNX

The co-founders of failed crypto hedge fund Three Arrow Capital, Su Zhu and Kyle Davies, have run into fresh trouble over operating and promoting thei [...]
3AC Founders’ OPNX Bankruptcy Claims Exchange Formally Reprimanded by Dubai Crypto Regulator VARA

3AC Founders’ OPNX Bankruptcy Claims Exchange Formally Reprimanded by Dubai Crypto Regulator VARA

The letter was sent on April 18 to OPNX's Kyle Davies and Su Zhu, who are also the founders of 3AC, after two cease-and-desist orders for marketing th [...]
Crypto Exchange Bybit Opens Global HQ in Dubai

Crypto Exchange Bybit Opens Global HQ in Dubai

Crypto exchange ByBit has opened its global headquarters in Dubai, nearly an year after it had revealed plans based on an in-principle approval to mov [...]
Dubai regulator demands Binance provide info on ownership, governance: Report

Dubai regulator demands Binance provide info on ownership, governance: Report

The Virtual Assets Regulatory Authority (VARA), the entity that oversees crypto activities in Dubai, has asked Binance to provide more information abo [...]
Crypto.com gets MVP preparatory license from Dubai regulator

Crypto.com gets MVP preparatory license from Dubai regulator

Crypto.com has announced its receipt of a Minimal Viable Product (MVP) Preparatory license from Dubai's Virtual Asset Regulatory Authority (VARA).This [...]
Crypto.com Gets Closer to an Operational License in Dubai

Crypto.com Gets Closer to an Operational License in Dubai

"Once licensed to be operational, Crypto.com will be able to extend its approved suite of duly regulated virtual assets activities spanning a range of [...]
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