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CryptoCurrency
Binance Receives Full Operational Approval for Crypto Services in Dubai
The approval has followed a prior Operational MVP license, enabling institutional services and crypto activities.
Changpeng Zhao was reportedly required to forfeit voting control as a condition of the license.
Thursday, 18/04/2024 | 09:52 GMT
by
Tareq Sikder
CryptoCurrency
VARA’s CEO Proposes Cost-Sharing Model to Support Small Crypto Businesses
As proposed, crypto giants could aid smaller entities by sharing compliance costs.
In November 2023, UAE regulators outlined fines for unlicensed virtual asset service providers.
Thursday, 11/04/2024 | 10:40 GMT
by
Tareq Sikder
FinTech
DKK Partners Gets Green Light for Crypto in Dubai
The FX company secures initial approval to offer virtual assets in the Middle East.
It wants to provide blockchain-based stablecoin solutions to local corporate clients.
Thursday, 22/02/2024 | 13:51 GMT
by
Damian Chmiel
CryptoCurrency
Crypto In Dubai: Aquanow Gains VASP Registration from VARA
It will allow the firm to offer broker-dealer, lending and borrowing, and management and investment services.
The company offers digital assets infrastructure to institutions.
Tuesday, 13/02/2024 | 07:28 GMT
by
Arnab Shome
CryptoCurrency
B2B Prime Gains Initial Approval for Crypto License in Dubai
The approval includes Virtual Asset Exchange, Broker Dealer, and Transfer Services.
Moving to be a complete VASP, operational approval and pre-operating conditions are to be met.
Wednesday, 17/01/2024 | 12:13 GMT
by
Tareq Sikder
CryptoCurrency
OKX Cements Middle East Presence: Secures Crypto License in Dubai
The license will allow the platform to offer spot services and spot pairs to institutional and qualified retail customers.
It remains non-operational until the remaining conditions and local requirements are met.
Tuesday, 16/01/2024 | 07:15 GMT
by
Arnab Shome
CryptoCurrency
CoinMENA FZE Secures VASP License for VA Broker-Dealer Services in Dubai
Based in Bahrain, the firm holds a license from the Central Bank of Bahrain as a crypto service provider.
In November, six entities secured a VARA license for crypto operations in Dubai.
Tuesday, 12/12/2023 | 12:26 GMT
by
Tareq Sikder
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CryptoCurrency
Fasset Becomes Sixth Crypto Firm to Secure Dubai VARA License in November
The company secures Dubai's VARA license, expanding broker-dealer services.
Fasset is another crypto company to achieve this regulatory goal this month.
Thursday, 30/11/2023 | 09:16 GMT
by
Damian Chmiel
CryptoCurrency
Dubai’s VARA Unleashes Crypto Staking through Custody Services
VARA has updated its rulebook, allowing staking from custody services in Dubai.
The step boosts the Emirate's attractiveness as a new global crypto hub.
Thursday, 24/08/2023 | 08:20 GMT
by
Damian Chmiel
CryptoCurrency
Dubai's Crypto Surge: Komainu Bags License after Binance's Entry
Another crypto company secures an operational license from Dubai.
Emirate attracts business amid global regulatory uncertainty.
Tuesday, 22/08/2023 | 07:53 GMT
by
Damian Chmiel
CryptoCurrency
Laser Digital Joins ATFX and CMC Markets in Dubai Crypto Push, Gains VASP License
Nomura's Laser Digital is another company that joins Dubai's crypto landscape.
The firm is set to launch its Trading and AM businesses in the next few months.
Tuesday, 01/08/2023 | 08:56 GMT
by
Damian Chmiel
CryptoCurrency
Binance Secures Operational License in Dubai despite Global Woes
Binance FZE has gained an operational license from Dubai's VARA.
The new license allows the company to offer exchange and broker-dealer services.
Monday, 31/07/2023 | 07:11 GMT
by
Damian Chmiel
CryptoCurrency
BitOasis’ License Suspended in Dubai Over Non-compliance Allegations
BitOasis offered broker-dealer services in the region.
The company received an MVP license in April.
Tuesday, 11/07/2023 | 08:51 GMT
by
Jared Kirui
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