[May 31, 2023 11:09 PM] The United-States-based cryptocurrency exchange is now seeking a license in the United Arab Emirates as it seeks to escape “hostility and [a] lack of clarity” on regulations in the U.S.
[May 11, 2023 10:30 PM] A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders…
[May 10, 2023 3:48 PM] The blockchain and Web3 hub will serve as a center for knowledge exchange and collaboration between technology firms and government entities in Africa.
[May 8, 2023 9:47 AM] “I think the U.S. right now is a little bit behind in terms of regulatory clarity and some of the rhetoric from the top," said Brian Armstrong at the Dubai Fintech Summit.
[Apr 18, 2023 5:05 AM] The regime applies to all companies seeking to provide services in the country, unless already licensed in financial free zones in the United Arab Emirates.
[Mar 31, 2023 11:00 AM] PRESS RELEASE. Tallinn, Estonia – Gofaizen & Sherle, a leading fintech and crypto consultancy firm based in Estonia, has recently launched its first crypto product for the United Arab Emirates (UAE). The product is designed to assist…
[Mar 30, 2023 11:00 AM] PRESS RELEASE. Tallinn, Estonia – Gofaizen & Sherle, a leading fintech and crypto consultancy firm based in Estonia, has recently launched its first crypto product for the United Arab Emirates (UAE). The product is designed to assist…
[Mar 24, 2023 1:12 AM] The United Arab Emirates expects to complete the first phase of its central bank digital currency strategy over the next 12 to 15 months.
[Mar 23, 2023 7:20 AM] The CBDC strategy was first unveiled in February as part of the central bank’s program to position the UAE as a global financial hub.
[Mar 20, 2023 5:29 AM] After completing the preparatory stage and obtaining an operational license in Dubai, Crypto.com plans to provide a comprehensive range of institutional services in compliance with regulatory requirements.
[Mar 16, 2023 9:45 AM] The bridge would be the second for the UAE, whose banks successfully participated in the mBridge project last year with Hong Kong, China and Thailand.
[Mar 15, 2023 8:30 PM] India’s central bank, the Reserve Bank of India (RBI), and the Central Bank of the United Arab Emirates (UAE) have agreed to collaborate on cross-border central bank digital currency (CBDC) transactions of remittances and trade. The initiative is…
[Mar 9, 2023 5:48 AM] The investment branch of FTX, Alameda Research, reached an agreement to sell its interest in Sequoia Capital for $45 million in cash to the Abu Dhabi sovereign wealth fund.
[Mar 6, 2023 11:45 AM] Crypto mining operators, custodians and Binance personally received a fine doze of the United States officials' attention last week.
[Feb 28, 2023 2:58 AM] Free-trade zones in the UAE are areas where entrepreneurs have 100% ownership of their businesses and have different regulatory frameworks and tax schemes.
[Feb 15, 2023 3:30 PM] The initiative promises to provide Web3 startups with access to corporate, government, and investment partners in both global markets and the UAE.
[Feb 14, 2023 1:30 AM] On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the launch of a new initiative called the “Financial Infrastructure Transformation Program,” which has nine key objectives. One of these objectives is the…
[Feb 8, 2023 12:30 PM] According to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has allegedly failed to respond to a subpoena from the firm’s current liquidators, despite it being sent via…
[Jan 23, 2023 7:00 PM] The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensure global governance when it…
[Jan 20, 2023 8:31 PM] UAE’s minister of state for foreign trade Thani Al-Zeyoudi noted that as the country has attracted a lot of talent from the crypto sector, the UAE now needs to roll out the correct regulation to support further growth.
[Jan 1, 2022 3:14 PM] Even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation.
[Dec 27, 2022 4:30 AM] The FTX crash could trigger a bigger demand for crypto OTC services as investors are looking for alternative crypto exchange methods amid weak trust in CEXs.
[Dec 23, 2022 6:00 AM] PRESS RELEASE. Sheikh Hamad Rakadh Salem Hamad Alameri, a well-known Sovereign Wealth Fund (SWF) member of the Royal Family in Abu Dhabi, United Arab Emirates, has officially become a MaskEX shareholder following the signing of a Memorandum of…
[Dec 11, 2022 4:30 AM] Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the world. This is the second arrest in the Gulf state…
[Dec 7, 2022 11:00 AM] Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more gold during 2022’s fourth quarter. Statistics show that the…
[Nov 23, 2022 1:00 PM] The Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are backed by DMCC Tradeflow-registered gold bars, and each…
[Nov 18, 2022 6:30 AM] One of the founders of Russia’s most notorious Ponzi scheme in recent times, Finiko, is in detention in the United Arab Emirates, according to a Russian media report. The close associate of the crypto pyramid’s mastermind left the Russian…
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