Dubai digital economy

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Huobi Becomes Latest Crypto Exchange to Receive Provisional Approval From Dubai Regulator

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Huobi recently became the latest cryptocurrency exchange platform to be granted provisional approval by the Dubai Virtual Assets Regulatory Authority, a statement from the company has said. The provisional approval allows Huobi to offer virtual asset exchange products and services to “pre-qualified investors and professional financial service providers.” Spot and OTC Services Are Limited to … Read more

Dubai Creates Committee to Help Cement Its Position as ‘Key City in the Metaverse’

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The rulers of Dubai have created a committee that is mandated with tracking the latest developments in the digital economy. The committee is also expected to bolster the rulers’ quest to make Dubai a “key city in the metaverse.” Dubai Rulers’ Vision The Dubai rulers, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum the crown … Read more