Crypto Derivatives Platform Deribit Moves to Dubai After Acquiring VARA License
Posted in Dubai News Regulation

Crypto Derivatives Platform Deribit Moves to Dubai After Acquiring VARA License

Derivatives exchange Deribit reportedly secured a VARA license recently as per a new Cointelegraph article. Following the license, the firm announced that it is shifting…

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Posted in Buying Cryptocurrency Dubai Regulation Ripple (XRP)

Ireland Regulator Grants Ripple VASP License: What To Know

Per reports, Ripple Lab’s Ireland subsidiary, Ripple Market Ireland Limited, has secured a virtual asset service provider (VASP) license. As a registered VASP, the crypto…

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Posted in Buying Cryptocurrency CFTC China Dubai News Regulation Russia

Coinbase’s CFTC Probe Will Incorporate Bybit: Here’s Why

The ongoing regulatory scrutiny of the US crypto landscape has taken a significant twist after Coinbase received a subpoena from the Commodity Futures Trading Commission….

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Posted in Buying Cryptocurrency Dubai Mining News Regulation Taxation Wallets

Oman Unveils $350M Crypto Mining Facility To Boost Economic Growth

The oil-rich Sultanate of Oman has launched its second crypto-mining center in just over ten months. The crypto mining facility is part of the country’s…

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Posted in Buying Cryptocurrency Dubai News Regulation Scams

Dubai’s VARA Issues Enforcement Action Against BitOasis

Dubai’s Virtual Asset Regulatory Authority (VARA) has issued an enforcement action against BitOasis, one of the Middle East’s leading crypto trading platforms. The crypto regulator…

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Posted in Buying Cryptocurrency Crypto Options Dubai News Non-Fungible Token (NFT) Solana

Three Arrows Capital (3AC) Generates $2.5M In NFT Sales

The Singapore-based Three Arrows Capital is still in bankruptcy proceedings and reportedly owes its creditors an estimated $3.5 billion. However, the bankrupt crypto hedge fund…

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Posted in Altcoins BlockChain Crypto Options Dubai News Regulation

Dubai’s VARA Probes Founders Of Defunct Crypto Hedge Platform

Reports suggest that Su Zhu and Kyle Davies were reprimanded by the Virtual Assets Regulatory Authority (VARA) in Dubai for promoting OPNX without the required…

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Posted in Cryptocurrency Exchanges Dubai News Regulation

OKX Expanding to Australia, Cites High Demand for Cryptos

On March 29, the second-best crypto exchange by trading volume, OKX, announced plans to pursue the Australian market. Based on the OKX observation, the Australian…

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Posted in BlockChain Buying Cryptocurrency Crypto.com Coin (CRO) Cryptocurrency Exchanges Dubai News Regulation

Crypto.com Receives MVP Preparatory License from Dubai’s VARA

On Monday, Crypto.com, a crypto exchange firm, announced in a blog post that it has reviewed an MVP (minimal viable product) preparatory license from the…

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Dubai Financial Authority Introduces New Digital Asset Law
Posted in BlockChain Dubai Metaverse News Regulation Web3

Dubai has a New Regulatory Framework for Crypto Firms

On Thursday, Dubai’s Virtual Assets Regulatory Authority (VARA) announced a new rulebook meant to regulate the crypto industry. This move forms part of Dubai’s wider…

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Posted in BlockChain Dubai News

Dubai Government Rolls Out KYC Blockchain Platform

The government of the United Arab Emirates’ city Dubai has just rolled out a Know-to-Your Customer Blockchain Platform according to the article report shared by…

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