Tag: Dubai

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Posted in Crypto Update

3AC founders fined by Dubai regulator over OPNX exchange

The founders of the collapsed digital asset hedge fund Three Arrows Capital (3AC) Kyle Davies and Su…

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Posted in Crypto Update

Dubai lures AI, Web3 enterprises with 90% subsidized commercial licenses

Dubai has started offering commercial licenses to artificial intelligence (AI) and Web3 businesses at a 90% subsidy…

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Posted in Crypto Update

Dubai Chamber of Commerce Celebrates 43% Growth of Members in H1 2023

The Dubai Chamber of Commerce reflects a successful first half of 2023, which boasted strong growth in…

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Posted in Crypto Update

FTX files motion to exclude its Dubai unit from bankruptcy proceedings

Bankrupt crypto exchange FTX has filed a motion in court to remove its Dubai unit from ongoing restructuring proceedings…

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Posted in Crypto Update

Nomura’s crypto arm Laser Digital bags Dubai VARA license

The crypto arm of Nomura has obtained an operating license from Dubai’s Virtual Asset Regulatory Authority (VARA)…

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Posted in Crypto Update

Binance Offers Virtual Asset Services in Dubai After Winning MVP License From VARA

Binance FZE, the Dubai-based subsidiary of the leading global blockchain services provider, has become the first exchange…

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Posted in Crypto Update

Binance to offer crypto broker-dealer services in Dubai with new license

Major cryptocurrency exchange Binance has reached another milestone in relationships with regulators in the United Arab Emirates…