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UAE free zone teams up with HBAR Foundation to support Web3 startups
5.7.2023
The collaboration will give startups access to a grant program and support in areas such as technology, marketing and business development
Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg
29.6.2023
The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020
ByBit’s MVP license in Dubai ‘very restricted,’ CEO says
27.6.2023
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services
Binance eyes United Arab Emirates as ‘focal point’ for future operations
26.6.2023
Binance Dubai general manager Alex Chehade says there are plenty of good reasons why the UAE will become the world’s next major crypto hub
Bitmex Group CEO: US Crypto Crackdown May Drive Top Talent to ‘Markets With More Regulatory Certainty and Lower Risk’
10.6.2023
Unlike in the United States where authorities are cracking down on the crypto industry, the regulations governing the industry are “more clearly defined and commercially viable in markets like Hong Kong, Singapore, and the UAE,” Stephan Lutz, the group CEO and CFO of the crypto exchange...
Crypto Exchange Bybit Announces AED 1 Million Scholarship Fund at UAE University
7.6.2023
As the regulatory environment in the United States become too hot to handle, cryptocurrency exchanges continue expanding their reach for better business environments. The United Arab Emirates (UAE) presents as one of these greener pastures. One of the most popular exchanges in the world, Bybit,...
Gemini registers for a license in UAE, Tradecurve price set to skyrocket
6.6.2023
The global cryptocurrency market is witnessing remarkable growth as more countries embrace digital assets. Recently, Gemini, a leading cryptocurrency exchange, has made significant strides by registering for a license in the United Arab Emirates (UAE). Concurrently, Tradecurve, a unique trading...
UAE's Central Bank Introduces New Anti-Money Laundering Guidance for Crypto Businesses – Here's the Latest
1.6.2023
The UAE’s Central Bank just introduced new anti-money laundering (AML) and counter-terrorism financing guidelines for crypto businesses and financial institutions handling digital assets, according to an announcement on Wednesday.
The new guidance applies to all licensed financial institutions...
Winklevoss-Owned Gemini Makes a Move in the UAE for Crypto License
1.6.2023
Crypto exchange Gemini, owned by the Winklevoss twins, is headed to the United Arab Emirates.
The firm announced on Wednesday that it would begin acquiring a crypto license to serve customers in the UAE. ...
Read More: Winklevoss-Owned Gemini Makes a Move in the UAE for Crypto License
Today in Crypto: EU Has Option to Deem All Crypto as Securities by Default, Georgia to Launch Mandatory Supervision of VASPs, Bitget is the 'First Exchange' to Support an EVM-Compatible Address
1.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: EU Has Option to Deem All Crypto as Securities by Default, Georgia to Launch Mandatory Supervision...
Gemini to soon enter the UAE market
1.6.2023
Gemini has announced plans to enter the market of UAE, the United Arab Emirates, as a part of achieving its mission of global expansion. Per the announcement, Gemini will soon begin its operations after it has acquired all the necessary licenses. The goal is to serve customers in the UAE with...
Winklevoss twins' crypto exchange Gemini to seek UAE crypto license
1.6.2023
The United-States-based cryptocurrency exchange is now seeking a UAE license and reportedly told local media there was "hostility and lack of clarity" on regulations in the U.S
Hong Kong and UAE Central Banks Join Forces on Crypto Regulations
31.5.2023
Both Hong Kong and the United Arab Emirates (UAE) have strengthened ties after their respective central banks (CBUAE) and monetary authorities (HKMA) agreed to join forces on crypto regulation earlier this week.
The parties held a meeting in Abu Dhabi on Monday to “enhance collaboration between...
Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank of India Deputy Governor Recommends All Banks Adopt Blockchain & AI
31.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank...
AML rules for digital assets to come into effect in UAE
31.5.2023
The licensed financial institutions would be required to identify and verify the identities of all customers
Hong Kong and UAE central banks collab on crypto rules, fintech development
31.5.2023
The two central banks are aiming to align their financial service sectors and said both share “many complementary strengths.”
UAE’s Clear Rules and Openness to ‘Experimentation’ Key to Attracting Crypto Firms, Says Ben Caselin of Maskex
26.5.2023
Players in the crypto space are attracted to the United Arab Emirates (UAE) because the region not only has clear rules but is also “open to experimentation,” Ben Caselin, the Vice President and Chief Strategy Officer (CSO) at the crypto exchange Maskex, has said. Caselin also said...
US risks losing the crypto race to UAE, Korea, Aus and Switzerland: Ark
23.5.2023
The U.S. crypto ecosystem is facing a “void” of well-established and credible institutions, according to an analyst from Ark Invest
Unidef Introduces Decemount to Expedite Global Shift to Decentralization
18.5.2023
PRESS RELEASE. Dubai, UAE — May 18, 2023 – Today, Unidef (unidef.org), a global network of organizations focused on hastening the global shift to a decentralized future, proudly unveils its latest initiative, Decemount. This ambitious project seeks to fund and empower talented individuals...
SEC responds to Coinbase’s petition while its CEO visits the UAE
16.5.2023
The US Securities and Exchange Commission (SEC) recently released a response to Coinbase’s petition. The Chair, Gary Gensler, stated that Coinbase possesses no right to mandamus. There is no regulation or statute that requires the SEC to release the guidelines within a specified timeline. Coinbase...