Dubai Dubai does for crypto what Silicon Valley did for tech — Gov’t affairs firm CEO NH Management’s Tao Xiao explained that VARA’s objective is not to hinder progress but to secure the market’s integrity. By VirtualCoinCap4 days ago
Middle East regulatory clarity drives crypto industry growth — Binance FZE head The UAE, Dubai and Bahrain continue to attract major cryptocurrency exchanges and businesses due to their progressive ... By VirtualCoinCapOctober 18, 2023 Alex Chehade
First Abu Dhabi Bank completes cross-border payments testing on JPMorgan Onyx The FAB pilot follows Bank ABC’s in Bahrain. JPMorgan also just launched its Tokenization Collateral Network on ... By VirtualCoinCapOctober 11, 2023 Jamie Dimon
UAE dirham stablecoin DRAM launches on Uniswap, PancakeSwap Distributed Technologies Research has launched DRAM, a dirham-backed stablecoin that aims to tap into the performance of ... By VirtualCoinCapOctober 3, 2023 Dirham
SBI works with UAE’s TradeFinex to set up joint crypto venture in Japan SBI Holdings will work with UAE firm TradeFinex on a Japanese joint venture to boost the adoption ... By VirtualCoinCapSeptember 29, 2023 Blockchain
Nomura’s Laser Digital receives in-principal approval for operations in Abu Dhabi The Japanese bank joins a rapidly growing number of digital asset firms operating in Abu Dhabi and ... By VirtualCoinCapSeptember 27, 2023 cryptocurrency exchange
mBridge CBDC project preparing for new members, launch of minimum viable product The project now includes central and commercial banks from China, Hong Kong, Thailand and the UAE. Future ... By VirtualCoinCapSeptember 25, 2023 bis
Saudi Arabia looks to blockchain gaming and Web3 to diversify economy The kingdom is currently diversifying its economy away from oil and turning to new opportunities, such as ... By VirtualCoinCapSeptember 8, 2023 Blockchain Game
Bitcoin may hit $100K by capturing ‘even 2 to 5% of gold’s market cap’ — Hut 8 VP Sue Ennis New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned ... By VirtualCoinCapAugust 28, 2023 ASIC
Nomura, CoinShares, Ledger joint venture Komainu wins Dubai crypto license Komainu completed the final step in VARA’s licensing process nearly 10 months after securing its MVP license ... By VirtualCoinCapAugust 22, 2023 CoinShares
Abu Dhabi grants virtual asset firm M2 permission to offer crypto services The M2 platform will launch later in 2023, allowing UAE-based retail and institutional clients to buy, sell ... By VirtualCoinCapAugust 16, 2023 Abu Dhabi
Dubai lures AI, Web3 enterprises with 90% subsidized commercial licenses In addition to attracting talent, Dubai has also given out operational licenses to crypto exchanges over the ... By VirtualCoinCapAugust 15, 2023 Dubai
UAE signs deal to develop carbon credit system on Venom Foundation blockchain The UAE recently announced that it intends to reduce carbon emissions by 40% by 2030, a marked ... By VirtualCoinCapAugust 7, 2023 Environment
FTX files motion to exclude its Dubai unit from bankruptcy proceedings FTX filed for bankruptcy in November 2022, with 102 of its units worldwide entering Chapter 11 proceedings. By VirtualCoinCapAugust 3, 2023 bankruptcy
Binance to offer crypto broker-dealer services in Dubai with new license Binance is now officially allowed to offer crypto services to institutional and qualified retail investors in Dubai. By VirtualCoinCapJuly 31, 2023 Binance
Abu Dhabi regulator grants trading firm Rain permission to offer crypto services The announcement followed crypto exchange Binance receiving similar permission from the Abu Dhabi regulator in November 2022. By VirtualCoinCapJuly 25, 2023 Bitcoin Regulation
UAE emerges as a pro-Bitcoin mining destination in the Middle East The United Arab Emirates’ combined Bitcoin mining capacity is estimated to be around 400 megawatts or 4% ... By VirtualCoinCapJuly 6, 2023 Bitcoin Mining
Bybit’s MVP license in Dubai ‘very restricted,’ CEO says Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment ... By VirtualCoinCapJune 27, 2023 cryptocurrency exchange
Winklevoss twins’ crypto exchange Gemini to seek UAE crypto license The United-States-based cryptocurrency exchange is now seeking a license in the United Arab Emirates as it seeks ... By VirtualCoinCapJune 1, 2023 digital asset license
Mastercard releases New Job Listings for upcoming Crypto Wallet Projects September 30, 20192646 views