Dubai’s crypto regulator VARA switches leadership as it ramps up operations
Dubai’s dedicated crypto regulator, the Virtual Asset Regulatory Authority (VARA), is switching leaders as it prepares for the next phase…
Tag: Dubai
Crypto custodian Hex Trust receives Dubai VASP license
Hong Kong-founded institutional cryptocurrency asset custodian Hex Trust has been given the green light to offer virtual asset custodial services…
Crypto.com granted Dubai crypto license
Crypto exchange Crypto.com’s Dubai entity was granted a Virtual Assets Service Provider (VASP) license by the city’s regulator, pending operational…
‘It will be a multichain world’
While many participants in the crypto space continue to advocate for only a single blockchain, some believe that the future…
Standard Chartered’s venture arm to set up crypto fund in UAE
SC Ventures, the fintech investment arm of British bank Standard Chartered, will establish a “Digital Asset Joint Venture” investment company…
VARA demonstrates how regulators, market can work in tandem: VARA Vice Chair
The Virtual Assets Regulatory Authority [VARA] is one of the earliest world regulatory bodies to release comprehensive crypto assets regulations…
Metaverse projects failed on lack of correct business model: MetaMinds CEO
The metaverse may no longer have mainstream appeal to some global tech leaders compared to two years ago. However, weaknesses…
Abu Dhabi pioneers DLT regulation for DAOs, Web3 innovations
Abu Dhabi, the second-most populous emirate in the United Arab Emirates, has introduced a formal regulatory framework for decentralized autonomous…
XRP, TON win approval in Dubai International Financial Centre free trade zone
The Dubai Financial Services Authority (DFSA) recognized two more tokens on Nov. 2, adding XRP (XRP) and Toncoin (TON) to…
Dubai VARA grants ‘initial approval’ to crypto firm WadzPay
The Dubai Virtual Assets Regulatory Authority (VARA) has issued an “initial approval” license to crypto firm WadzPay, marking a pivotal…