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Binance is transitioning UAE resident accounts to its new regulated local entity, Binance FZE, following a Virtual Asset Service Provider license from Dubai’s regulator. This change will allow UAE users to access various virtual asset services locally, including AED bank deposits and withdrawals. Binance’s Local Exchange in UAE Now Licensed Crypto exchange Binance announced on … Read more
The firm chose to expand into Abu Dhabi due to the innovation-friendly crypto regulations. Go to Source
Chainalysis relocates its regional headquarters to Dubai, reflecting the UAE’s progressive stance toward blockchain technology. Go to Source
The in-principle approval enables QCP Capital to offer regulated digital asset activities in the region. Go to Source
NH Management’s Tao Xiao explained that VARA’s objective is not to hinder progress but to secure the market’s integrity. Go to Source
On Tuesday, Nexo announced its Dubai entity, Nexo DWTC, had secured preliminary approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to engage in virtual asset lending, borrowing, and broker-dealer activities within the UAE’s most populous city. Nexo Gains Initial VARA Approval for Dubai Crypto Operations The crypto lender Nexo received a provisional “Initial Approval [IA]” … Read more
Ghaf Capital managing partner Feras Al Sadek argued that the UAE’s “regulation by education” sets it apart from other jurisdictions. Go to Source
The permit allows CoinMENA to provide retail and institutional customers in the United Arab Emirates with the ability to deposit and withdraw in UAE dirhams. Go to Source
AYA is a climate-focused launchpad that supports innovations around sustainability — such as reforestation, nature credits, mangrove conservation, and sustainable agriculture. Go to Source
Former Binance CEO Changpeng Zhao, who pleaded guilty to one felony count in the United States in November, may not be able to return to the UAE before being sentenced. Go to Source
