Binance to offer crypto broker-dealer services in Dubai with new license
Binance is now officially allowed to offer crypto services to institutional and qualified retail investors in Dubai. Go to Source Powered by WPeMatico
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Dubai crypto regulator suspends BitOasis crypto exchange license
BitOasis was the first crypto exchange to get an operational license in Dubai, which has now been suspended by the local regulator for not meeting key conditions in time. Go to Source Powered by WPeMatico
ByBit’s MVP license in Dubai ‘very restricted,’ CEO says
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services. Go to Source Powered by WPeMatico
Dubai’s VARA approves OKX ‘preparatory’ license as part of exchange’s expansion plans
The middle eastern arm of the exchange said it had opened an office in the Dubai World Trade Center and planned to increase its staff to 30 people. Go to Source Powered by WPeMatico
Marathon Digital announces immersion crypto mining operations in Abu Dhabi
The mining firm expects the two facilities to be online by 2024 and produce a combined hash rate of roughly 7 EH/s. Go to Source Powered by WPeMatico
3AC founders run into fresh trouble in Dubai over new exchange OPNX
Dubai digital asset regulator claimed that it had sent two cease and desist notices to the exchange in February and an investor alert against it in April. Go to Source Powered by WPeMatico
UK may have crypto regulation within a year, says senior minister
The lawmaker said the regulation will need to be both “pragmatic” and “proportionate” to ensure economic growth is maximized. Go to Source Powered by WPeMatico
Russia Negotiating Free Trade Deal With India to Facilitate Imports in the Face of Sanctions
Russia is in the process of negotiating a free trade deal with India in order to substitute part of the products and investments that were banned by sanctions enacted after the Ukrainian conflict erupted. Russia is now the largest oil supplier of India, with the country taking advantage of the discounted Russian crude. Russia and … Read more
Dubai regulator demands Binance provide info on ownership, governance: Report
According to Bloomberg, the Dubai crypto regulator is also seeking similar details from other global crypto players. Go to Source Powered by WPeMatico
Easy Way To Obtain Crypto License in Dubai: Gofaizen and Sherle Launches A New Service
PRESS RELEASE. Tallinn, Estonia – Gofaizen & Sherle, a leading fintech and crypto consultancy firm based in Estonia, has recently launched its first crypto product for the United Arab Emirates (UAE). The product is designed to assist businesses and startup owners in obtaining crypto licenses in two key zones in UAE – the DMCC free … Read more
