[Feb 14 3:30 PM] After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20%…
[Jan 8 6:19 AM] This is Human Generated This is an interpretation of VESA’s appearance on the Human Generated podcast by Omid Honari. The two met during a day of keynote speeches at the Mohammed Bin Rashid library, where as it turns out, both of their…
[Dec 20, 2023 4:23 AM] Today we’re taking a look at an important first. It is the start of the VESA Podcast, and as the first guest, we meet David Orban, who was generous with his time to record this conversation. A previous iteration of a podcast was already started in…
[Dec 14, 2023 5:42 AM] Ghaf Capital managing partner Feras Al Sadek argued that the UAE’s “regulation by education” sets it apart from other jurisdictions.
[Dec 13, 2023 7:13 AM] The permit allows CoinMENA to provide retail and institutional customers in the United Arab Emirates with the ability to deposit and withdraw in UAE dirhams.
[Dec 12, 2023 3:11 AM] AYA is a climate-focused launchpad that supports innovations around sustainability, such as reforestation, nature credits, mangrove conservation and sustainable agriculture.
[Nov 30, 2023 2:53 AM] Fasset has been granted a Virtual Asset Service Provider (VASP) license from regulators in Dubai, allowing it to perform broker-dealer services legally in the area.
[Nov 30, 2023 12:25 AM] Fasset, a digital asset investment platform, has won the licence to operate in Dubai as a Virtual Asset Service Provider (VASP), allowing it to serve institutional investors, qualified investors and retail investors.
[Nov 28, 2023 3:03 AM] While eToro received Financial Services Permission (FSP) approval for operating as a securities, derivatives and crypto assets broker, M2 became a fully regulated Multilateral Trading Facility (MTF) and custodian.
[Nov 25, 2023 9:36 AM] Hi fam, Today we’re celebrating a union that took place recently when VESA travelled to Dubai for a month of meetings, partnership calls, keynotes, and conferences. A juicy sized catalogue of VESA works moved into the Cypher Capital Hub in…
[Nov 15, 2023 2:30 AM] Institutional cryptocurrency custodian Hex Trust adds Dubai to its list of operational jurisdictions in addition to Hong Kong, Singapore, Vietnam, Italy and France.
[Nov 14, 2023 11:00 PM] This final approval allows the firm to offer digital asset custodial services to institutional clients and sophisticated investors in Dubai.
[Nov 13, 2023 11:43 PM] The license is pending operational approval and allows Crypto.com’s Dubai entity to offer exchange, broker-dealer, and lending and borrowing services.
[Nov 13, 2023 11:33 AM] Two former colleagues of recently convicted Sam Bankman-Fried are building a new crypto exchange, just days after their former CEO was found guilty on seven charges of fraud.
[Nov 12, 2023 9:00 AM] Berkshire Hathaway billionaire Charlie Munger may think Bitcoin is a “stink ball,” but director of global macro at financial giant Fidelity, Jurrien Timmer, says the asset is “exponential gold.” Find out why, just below…
[Nov 9, 2023 4:06 AM] SC Ventures and SBI Holdings' Digital Asset Joint Venture investment company will be established in UAE and focus on firms in market infrastructure, risk and compliance, DeFi and tokenization.
[Nov 9, 2023 3:38 AM] SC Ventures will establish a “Digital Asset Joint Venture” investment company in partnership with a Japanese financial conglomerate, SBI Holdings.
[Nov 7, 2023 5:04 AM] Deepa Raja Carbon told Cointelegraph that VARA took a collaborative approach by consulting stakeholders, legislators and the general public to develop its virtual asset regulatory guidelines.
[Nov 6, 2023 4:21 AM] As the metaverse loses its appeal to some global tech leaders, MetaMinds Group CEO Sandra Helou argues that failures in metaverse initiatives resulted from a lack of proper business models.
[Nov 3, 2023 5:27 AM] Abu Dhabi aims to become a crypto hub alongside Dubai in a move that’s part of a larger goal to foster initiatives in the blockchain and digital asset realm.
[Nov 2, 2023 1:32 PM] The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well.
[Nov 2, 2023 7:36 AM] The license allows WadzPay to begin preparing to provide virtual asset services and activities under the VASP License for Transfer and Settlement and Broker/Dealer activities.
[Oct 31, 2023 4:12 AM] The Backpack crypto wallet has bagged operational licenses across several jurisdictions worldwide over the past five months, according to the company announcement.
[Oct 18, 2023 3:44 PM] The two companies said they plan to use OpenAI’s models in industries in which G42 has connections and experience, such as energy, finance, healthcare and public services.
[Oct 18, 2023 7:54 AM] Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions.
[Oct 18, 2023 3:45 AM] UAE, Dubai and Bahrain continue to attract major cryptocurrency exchanges and businesses due to their progressive regulatory approaches.
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