Dubai
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ByBit Set for Success with New Global Headquarters in Dubai
According to reports, the cryptocurrency exchange ByBit announced that it has opened a global headquarters in Dubai. Bybit CEO and co-founder Ben Zhou stated that as one of the mos
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Understanding Dubai Virtual Assets Regulatory Authority’s Regulations on Digital Asset Exchange Ownership, Governance, and Audit Procedures
It is reported that, according to insiders, after the bankruptcy of the digital asset exchange FTX last year, officials of the Dubai Virtual Assets Regulatory Authority (VARA) aske
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Boba Network Partners with DMCC to Expand Blockchain and Web3 Opportunities in Dubai
On March 22, Boba Network announced that its core team, Enya Labs, has reached a partnership with Dubai Multi Commodity Trading Center (DMCC), which will promote the expansion of D
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Crypto.com Obtains Preliminary License to Operate in Dubai
On March 20th, according to the official blog, Crypto.com announced that it had obtained a MVP preliminary license from the Dubai Virtual Assets Regulatory Authority (VARA). The MVP phase of the preparatory phase allows approved licensees to meet all the prerequisites necessary to conduct MVP market operations within the VARA system. Crypto.com obtained MVP preliminary license from Dubai Virtual Assets Regulatory Authority Analysis based on this information:Crypto.com, a Hong Kong-based cryptocurrency platform, has recently announced that it has been granted a preliminary license by the Dubai Virtual Assets Regulatory Authority (VARA). The license enables the company to operate its MVP (Minimum Viable Product) within the VARA system, following completion of all the necessary prerequisites. This announcement is significant for several reasons. Firstly, it represents a key development in the growing acceptance and regulation of cryptocurrency in the Middle East. Dubai has been at the forefront of several initiatives aimed at promoting blockchain and digital currencies, and this license represents a…
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Dubai Law Firm Sets Sights on Digital Assets and Bitcoin
According to reports, Irina Hever, a Dubai encryption lawyer, said that once Ras AI Khaimah Digital Assets Oasis (RAK DAO) found a suitable partner, it would e…
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Voyager’s Journey From Dubai to South Korea and the United Kingdom
12:00-21:00 Key words: Voyager, Dubai, South Korea, United Kingdom
Overview of important developments in the evening of March 2
Interpretation of …
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Dubai Economic Free Zone Invests $5 Million for Cryptocurrency Center
It is reported that Bitcoin Magazine said on social media that the Dubai Economic Free Zone will invest an additional US $5 million to build a global Bitcoin a…
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Dubai’s Virtual Shopping Center in Decentraland: An Innovative Step Towards Futuristic Retailing
It is reported that Dubai has announced the launch of the first virtual shopping center Majid Al Futtaim in Decentraland. The virtual shopping center will be o…
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Dubai creates a comprehensive framework for virtual assets
On February 14, the Dubai Virtual Assets Regulatory Authority (VARA) issued the Regulations on Virtual Assets and Related Activities in 2023, and formulated a …