Bitcoin News / Bitcoinist - 2 years ago
In March 2022, Dubai took another step towards establishing itself as a global crypto headquarters by adopting its first law on virtual assets and establishing a regulator for the growing sector. The new law serves as a progressive regulatory framewo...
Bitcoin News / Bitcoinist - 2 years ago
YallaMarket, a grocery delivery platform in the UAE, announced Wednesday that they now accept crypto payments for customer orders.
While some governments evade the possibility of adopting metaverse and cryptocurrency, UAE has been an open city for cr...
Cryptocoins News / Blockchain - 2 years ago
YallaMarket, a grocery delivery startup in the United Arab Emirates, has announced it has started accepting crypto payments for its services as it plugs itself into the financial growth of the UAE.
Per a from the Khaleej Times, the firm partnered...
Bitcoin News / Bitcoin.com - 2 years ago
United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE’s digital economy and virtual assets initiatives....
Bitcoin News / Bitcoin.com - 2 years ago
Crypto and blockchain firms constituted 16% of the 655 new company registrations that were recorded in Q1 of 2022, the Dubai Multi Commodities Centre (DMCC) has said. The surge in crypto-related registrations also coincided with a quarterly period in...
Bitcoin News / Bitcoin.com - 2 years ago
The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (defi). The paper also makes clear th...
Bitcoin News / Bitcoin.com - 2 years ago
An average of 54% of survey respondents from Saudi Arabia and the United Arab Emirates (UAE) said they believe cryptocurrency should be used as currency. Still, a significant proportion of the respective countries’ respondents believe certain...
Bitcoin News / Bitcoin.com - 2 years ago
A major cryptocurrency exchange in the UAE, Bitoasis, has obtained provisional approval from Dubai’s new cryptocurrency regulator. Binance and FTX have also been green-lighted by the regulator.
Bitoasis Pursuing License From Dubai’s New...
Bitcoin News / Bitcoin.com - 2 years ago
Cypher Capital, a United Arab Emirates (UAE)-based venture capital (VC) firm, has announced the launch of a $100 million seed fund that will primarily avail funding to decentralized finance (defi), gamefi, and metaverse projects.
Mentoring of Entrep...
Cryptocoins News / CoinJournal - 2 years ago
The UAE-based private VC firm Cypher Capital has launched one of the region's biggest seed funds, PR News Wire reported. The fund, which amounts to $100 million, will focus on investments in crypto, blockchain, and other valuable digital asset proj...
Bitcoin News / Bitcoin.com - 2 years ago
A hospitality brand from the United Arab Emirates(UAE), Stella Stays, has announced that its clients can now pay for services with cryptocurrencies. Clients can pay with bitcoin, ethereum, and 35 more digital assets.
Stella Stays’ Tilt Toward...
Bitcoin News / Bitcoinist - 2 years ago
The Securities and Commodities Authority (SCA) has stated that the United Arab Emirates (UAE) is moving closer to providing a regulatory and supervisory framework that will control the country’s virtual asset business.
The Securities and Commod...
Bitcoin News / Bitcoin.com - 2 years ago
The regulatory arm of the United Arab Emirates (UAE)’s special economic zone, the Dubai International Financial Centre (DIFC), has unveiled a consultation paper outlining its proposed regulatory regime for crypto tokens.
Changes to the D...
Bitcoin News / Bitcoin.com - 2 years ago
The United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA) has said.
FATF Recommendations
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Cryptocoins News / NewsBTC - 2 years ago
Goldman Sachs is relocating some of its Moscow-based staff to the United Arab Emirates as a result of Russia’s onslaught on Ukraine, numerous news agencies reported Sunday.
The Wall Street behemoth is sending some of its employees to Dubai, a key fi...
Bitcoin News / Bitcoin.com - 2 years ago
One of the United Arab Emirates (UAE)’s leading real estate property developers, DAMAC Properties, is planning to launch a project in the metaverse soon, the company’s managing director (MD) has said.
DAMAC Looking Into NFTs and Me...
Bitcoin News / Bitcoin.com - 2 years ago
The Swiss crypto bank, SEBA Bank, was recently granted a license to operate in the Abu Dhabi Global Market (ADGM), the UAE’s financial center. The license allows SEBA to conduct regulated services.
SEBA’s Strategy
The Swiss-registered d...
Cryptocoins News / The Cointelegraph - 2 years ago
The United Arab Emirates is reportedly getting ready to start issuing federal licenses for virtual asset service providers (VASPs) by the end of the first quarter of 2022. The move is expected to become part of a complex regulatory framework that the...
Bitcoin News / Bitcoin.com - 2 years ago
The United Arab Emirates (UAE) is getting ready to start issuing federal licenses to cryptocurrency service providers in the first quarter. The UAE crypto regulation will take a hybrid approach. The government hopes that a nationwide crypto licensing...
Cryptocoins News / Blockchain - 2 years ago
In a bid to become a global crypto hub, the United Arab Emirates (UAE) is gearing up to issue federal licenses to virtual asset service providers (VASPs) by the end of Q1 2022.
The Securities and Commodities Authority (SCA) is finalizing the amend...
Cryptocoins News / The Cointelegraph - 2 years ago
The United Arab Emirates is reportedly planning to issue a federal crypto license for virtual asset service providers by the end of the first quarter.The UAE Securities and Commodities Authority is reportedly in the final stages of finalizing legisla...
Bitcoin News / Bitcoin.com - 2 years ago
United Arab Emirates (UAE)’s Ministry of Economy has joined hands with the Arab Federation of Capital Markets (AFCM) to kickstart a challenge that encourages fintechs to create a know-your-customer (KYC) verification system based on blockchain...