Crypto.com Obtains Full Dubai Operational License
As a first step, institutional investors will be able to use the Crypto.com exchange.
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Apr 9, 2024 at 11:33 a.m. UTC
Apr 9, 2024
UAE
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Crypto Lender Nexo Secures First Regulatory Victory in Dubai
Receiving a full license involves three stages: an initial provisional permit, a preparatory license, and an operating license.
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Mar 5, 2024 at 1:00 p.m. UTC
Mar 5, 2024
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Crypto Miner Phoenix Group's Shares Surge 35% in Abu Dhabi Stock Market Debut
In November, the UAE-based company said its initial public offering (IPO) was 33-times oversubscribed.
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Dec 5, 2023 at 3:22 p.m. UTC
Dec 5, 2023
Digital Asset Investment Platform Fasset Wins Operational License in Dubai
The licence will allow Fasset to serve institutional investors, qualified investors and retail investors.
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Nov 30, 2023 at 6:25 a.m. UTC
Nov 30, 2023
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Crypto Miner Phoenix Group Says UAE Initial Share Sale Was 33-Times Oversubscribed
Phoenix was looking to sell almost 18% of the company for a target raise of $368 million.
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Nov 21, 2023 at 11:28 a.m. UTC
Nov 21, 2023
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.
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Nov 16, 2023 at 12:55 p.m. UTC
Nov 16, 2023
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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...
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Nov 9, 2023 at 10:06 a.m. UTC
Nov 9, 2023
Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms
The UAE's second-most populous emirate has taken the first steps to legalize the operations of decentralized entities such as DAOs.
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Nov 2, 2023 at 4:29 p.m. UTC
Nov 2, 2023
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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...
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Oct 18, 2023 at 1:54 p.m. UTC
Oct 18, 2023
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FTX Wants Dubai Unit Removed From U.S. Bankruptcy Proceedings
Liquidating FTX Dubai under UAE law would make way for the timely distribution of any outstanding liabilities, the bankrupt estate argued in court filings.
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Aug 3, 2023 at 8:26 a.m. UTC
Aug 3, 2023