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Nalezeno "uae": 916

India Seeks Extradition of Prime Suspect in $240M Crypto Scam from UAE

30.11.2023
Source: Pexels Indian authorities are intensifying efforts to bring the alleged mastermind behind a massive $240 million cryptocurrency scam back to the country. The special investigation team (SIT) of the Himachal police, after nearly two months of probing, has prepared a comprehensive 2,100-page...

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

Former British Chancellor's crypto firm Copper launches tokenized securities platform

29.11.2023
Copper plans to use its arm in the United Arab Emirates, Copper Securities, to capitalize on the demand of institutional investors

Bitcoin mining firm Phoenix Group delays share listing

28.11.2023
Due to UAE's National Day, Phoenix Group’s public trading launch on the Abu Dhabi Securities Exchange has been moved to Dec. 5, 2023

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

Judge Bars Former Binance CEO From Leaving US as the Court Weighs Government’s Request

28.11.2023
A federal judge has barred former Binance CEO Changpeng Zhao (CZ) from leaving the U.S. until the court has made a decision on the U.S. government’s motion to prevent his return to the United Arab Emirates (UAE) before sentencing. The government filed the motion in response to a release order...

Former Binance CEO CZ Seeks to Dismiss Government’s Motion Blocking His Return to UAE Before Sentencing

26.11.2023
Former Binance CEO Changpeng Zhao (CZ) is seeking to dismiss the U.S. government’s motion to prevent him from going home to the United Arab Emirates (UAE) before sentencing. Despite the judge determining that the ex-Binance boss poses no flight risk after he voluntarily appeared in court to plead...

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...

UAE’s Bitcoin Mining Firm Phoenix Group Secures $370 Million in Oversubscribed IPO

24.11.2023
The United Arab Emirates (UAE) is making its entry into the bitcoin mining sector. In a recent declaration by Phoenix Group PLC, a bitcoin mining enterprise, it was revealed that the company successfully garnered $370 million through an initial public offering (IPO) that was highly sought after...

Today in Crypto: Binance Shows Greater Net Flows Resilience, Capital is Flowing Out of US into Asia, OKX Applies for Hong Kong VATP License

24.11.2023
Source: AdobeStock / Diego Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Market news Contrasting with the crisis experienced by exchanges like FTX, Binance has demonstrated greater resilience...

US Prosecutors Move to Block Former Binance CEO CZ’s Return to UAE Until Sentencing

23.11.2023
Source: Youtube/Entrepreneur ME Prosecutors are pressing a federal judge to prevent former Binance CEO Changpeng Zhao from leaving the United States before his scheduled sentencing hearing on February 23, 2024. This move comes after the $4.3 billion settlement reached by Binance with the U.S....

Crypto Miner Phoenix Group Says UAE Initial Share Sale Was 33-Times Oversubscribed

21.11.2023
Phoenix was looking to sell almost 18% of the company for a target raise of $368 million

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...

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

Bank of Russia to Develop Digital Ruble Payment System With the UAE

11.11.2023
The Bank of Russia has announced it will create a joint payment system with the United Arab Emirates (UAE) using the digital ruble. Bank of Russia’s First Deputy Governor Olga Skorobogatova stated that the system would serve individuals and businesses alike and estimated its development would...

Standard Chartered’s SC Ventures Partners With SBI to Establish Digital Asset Joint Venture in UAE

11.11.2023
Standard Chartered’s ventures arm, SC Ventures, and Japanese conglomerate SBI Holdings are collaborating to establish a digital asset joint venture in the United Arab Emirates (UAE). “The joint venture will focus on investing in companies across the digital assets spectrum including...