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Ethereum-Based Fasset Secures Operational License in Dubai for Tokenized Offerings
1.12.2023
Source: fasset.ae Digital asset brokerage Fasset FZE has received a Virtual Asset Service Provider (VASP) license from the Virtual Asset Regulatory Authority (VARA) in Dubai, UAE. According to the press release, the operational license is the final stage in VARA’s approval process. It authorizes...
Today in Crypto: $343,038,810 was Lost to Hacks and Fraud in November, a 15x Increase from October
30.11.2023
Source: Immunefi Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Security news Major bug bounty and security services platform Immunefi found that $1,753,707,812 was lost to hacks and rug pulls...
Crypto investment platform Fasset granted operational license in Dubai
30.11.2023
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
Digital Asset Investment Platform Fasset Wins Operational Licence in Dubai
30.11.2023
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
eToro, M2 win AGDM crypto licenses to operate in UAE financial center
28.11.2023
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
Nine Blocks Relocates HQ to Dubai, First Crypto Hedge Fund to Obtain VASP License from VARA
27.11.2023
Nine Blocks Capital Management has become the first crypto hedge fund to obtain a Virtual Asset Management and Investment Services license from Dubai’s Virtual Assets Regulatory Authority (VARA), the company announced in a press release Monday. The next global hub Established in February...
Crypto Hedge Fund Nine Blocks Snags Dubai Digital Assets License
27.11.2023
UAE Virtual Assets Regulator Says Islamic Coin Issuer Has ‘Cooperated Fully’
25.11.2023
Bored Gen DMCC, the issuer of islamic coin, has cooperated fully with the Virtual Assets Regulatory Authority’s ongoing investigation into the token’s issuance and distribution. Bored Gen, however, still needs to “secure appropriate approvals” before it undertakes...
CZ’s Lawyers Push Back Against Flight Risk Claims, File Opposing Motion
24.11.2023
Defense attorneys for former Binance CEO, Changpeng Zhao, have legally pushed back against claims made by the government that he is a “flight risk” who should not be allowed to leave the country. Zhao’s incentive to stay In a court filing from November 23rd, representatives for...
Web3 & AI professionals choose Dubai as new home, But why?
23.11.2023
The broad spectrum of future technology is evolving fast. Lightning fast. As future tech companies have started to demand more from the cities they call home, investors also began to find themselves on an exhilarating journey. Seeking unparalleled opportunities that align with forward-thinking...
CZ released on $175M bond, could return to Dubai
22.11.2023
Binance founder Changpeng “CZ” Zhao posted a $175 million bond with a condition he returns to the U.S. two weeks before his sentencing
Crypto Exchanges Including OKX, Bybit & Bitstamp ‘Working with Russian Arbitrators’ on Bankruptcy Cases
21.11.2023
Source: Oleg/Adobe One of Russia’s biggest banks says international crypto exchanges such as OKX, Bybit, and Bitstamp are “cooperating with Russian arbitration managers” in bankruptcy investigations. Per Vedomosti, the Sberbank enforcement and bankruptcy department chief Evgeny Akimov said that...
Bitcoin Price Prediction: BTC Growth Amid Argentine Politics and Indian Crypto Shift to Dubai
20.11.2023
In the ever-evolving world of cryptocurrency, Bitcoin continues to make headlines with its latest surge. Trading at $37,292, the digital currency marked a significant increase of 2.5% on Monday. This uptick in value coincides with the political shift in Argentina, where Bitcoin’s price surged...
Bitcoin Price Prediction: Surge on Argentine Win, Expands to Dubai
20.11.2023
In the ever-evolving world of cryptocurrency, Bitcoin continues to make headlines with its latest surge. Trading at $37,292, the digital currency marked a significant increase of 2.5% on Monday. This uptick in value coincides with the political shift in Argentina, where Bitcoin’s price surged...
Head of Dubai’s Digital Asset Regulator Steps Down – What’s Going On?
16.11.2023
Image Source: Pixabay The head of Dubai’s cryptocurrency regulator, Henson Orser has left the role to pursue new interests amid looming domestic fines on digital asset companies for a breach of rules. According to a Bloomberg report Orser, who was the head of the Virtual Assets Regulatory Authority...
Today in Crypto: Polkadot Founders Launch a $45 Million Community Project, Bybit Reveals Easy Options Tool, Taurus SA Expands to Dubai
16.11.2023
Source: AdobeStock / NikahGeh Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Web3 Foundation, whose flagship project is the Polkadot blockchain protocol, announced the launch...
Dubai’s crypto regulator VARA switches leadership as it ramps up operations
16.11.2023
Outgoing head Henson Orser will remain a consultant after Matthew White takes over as the new CEO of Dubai’s Virtual Asset Regulatory Authority
Head of Dubai Crypto Regulator to Quit to 'Pursue Other Interests'
16.11.2023
Henson Orser, the CEO of VARA, Dubai's crypto regulator, is set to leave the job and will be replaced by a partner at PwC
Crypto custodian Hex Trust receives Dubai VASP license
15.11.2023
Institutional cryptocurrency custodian Hex Trust adds Dubai to its list of operational jurisdictions in addition to Hong Kong, Singapore, Vietnam, Italy and France
Crypto Custodian Hex Trust Secures Full Operating License in Dubai for Institutional Services
15.11.2023
Source: Pixabay Institutional-grade crypto custodian Hex Trust has successfully obtained a full operating license from Dubai’s Virtual Assets Regulatory Authority (VARA), the firm announced today. This operating license represents the conclusive approval under VARA’s regulatory...