Dubai

Skyscrapers in Dubai (Kent Tupas/Unsplash)
Head of Dubai Crypto Regulator to Quit to 'Pursue Other Interests'
VARA also plans to fine at least 12 crypto companies for failing to comply with guidelines by a Nov. 17 deadline, Bloomberg reported.
Skyscrapers in Dubai (Kent Tupas/Unsplash)

Dubai (Wael Hneini/Unsplash)
Crypto Custodian Hex Trust Obtains Full Dubai Operating License
This final approval allows the firm to offer digital asset custodial services to institutional clients and sophisticated investors in Dubai.
Dubai (Wael Hneini/Unsplash)

Crypto.com has gone one step further to full licensing in Dubai (crypto.com)
Crypto.com Wins Digital Asset License in Dubai
Crypto.com completed its licensing process in Singapore in June.
Crypto.com has gone one step further to full licensing in Dubai (crypto.com)

Can Sun, former FTX general counsel, leaves a New York courthouse after testifying against Sam Bankman-Fried on Oct. 19, 2023. (Nik De/CoinDesk)
Former FTX, Alameda Executives to Start New Crypto Exchange: WSJ
Former FTX general counsel Can Sun, who was a key witness in the Sam Bankman-Fried trial, and former Alameda Research software developer Armani Ferrante are building a Dubai-b...
Can Sun, former FTX general counsel, leaves a New York courthouse after testifying against Sam Bankman-Fried on Oct. 19, 2023. (Nik De/CoinDesk)

Standard Chartered (Shutterstock)
Standard Chartered, SBI Holdings Establishing $100M Investment Firm Targeting Crypto Startups
SC Ventures and SBI Holdings' Digital Asset Joint Venture investment company will be established in UAE and focus on firms in market infrastructure, risk and compliance, DeFi...
Standard Chartered (Shutterstock)

XRP Climbs 14% This Week as Several Institutions Adopt Ripple’s Services
XRP Climbs 14% This Week as Several Institutions Adopt Ripple’s Services
XRP has risen about 14% in the past week, as bitcoin and ether hold steady. Bulls may have reacted to two positive developments for payments firm Ripple, as the company recent...
XRP Climbs 14% This Week as Several Institutions Adopt Ripple’s Services

Standard Chartered (Shutterstock)
U.S. Crypto Regulatory Fog Keeps Standard Chartered Rooted in UAE, Asia
Standard Chartered chose Dubai as its base for launching crypto services. Reading between the lines, the message coming from banks and large institutions is that almost anywhe...
Standard Chartered (Shutterstock)

India’s G20 Presidency, Blockchain Week Outlook
India’s G20 Presidency, Blockchain Week Outlook
Host Angie Lau breaks down the crypto presence at India's G20 summit as global leaders discuss establishing a regulatory framework for digital assets. Plus, an outlook on the...
India’s G20 Presidency, Blockchain Week Outlook

Komainu Exec on Winning Operating License in Dubai, Global Crypto Regulation Outlook
Komainu Exec on Winning Operating License in Dubai, Global Crypto Regulation Outlook
Komainu, the cryptocurrency custody joint venture of Nomura, Ledger and CoinShares, has received an operating license from the Virtual Asset Regulatory Authority (VARA) in Dub...
Komainu Exec on Winning Operating License in Dubai, Global Crypto Regulation Outlook

Dubai (Wael Hneini/Unsplash)
Nomura-Backed Crypto Custody Firm Komainu Wins Operating License in Dubai
The company can now offer its full range of digital asset custody services to clients in the emirate, including institutional staking and collateral management.
Dubai (Wael Hneini/Unsplash)