Dubai's VARA Imposes Fines and Cease-and-Desist Orders on Seven Crypto Companies
Dubai’s regulator steps up enforcement against unlicensed crypto firms amidst efforts to position itself as a global crypto hub.
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Dubai’s regulator steps up enforcement against unlicensed crypto firms amidst efforts to position itself as a global crypto hub.
The UAE's recent decision to exempt cryptocurrency transactions from VAT aligns the industry with traditional financial services, starting retroactively from January 1, 2018.
Dubai is advancing its regulatory measures for the machine economy through a new partnership with the Peaq network, focusing on the integration of robotics, AI, and tokenization.
The UAE is developing a dual strategy for Bitcoin and cryptocurrencies, fostering distinct environments in Abu Dhabi and Dubai for institutional and consumer adoption respectively.
Binance has received licenses from the Abu Dhabi Financial Services Regulatory Authority, allowing it to operate its international exchange and broker-dealer services.
The Abu Dhabi Global Market has recognized Tether's USDT as an accepted fiat-referenced token, a pivotal move for stablecoins in the region.
Ripple achieves a significant regulatory milestone as Abu Dhabi permits the use of its RLUSD stablecoin in its international financial center.
Stay updated on significant trends and regulatory changes affecting the cryptocurrency landscape.
The United Arab Emirates introduces a financial law that incorporates decentralized finance (DeFi) and the Web3 sector into its regulatory framework, marking a significant change for the industry.
Bybit has obtained a Virtual Asset Platform Operator License from the UAE's Securities and Commodities Authority, allowing it to operate fully in the region.
Bybit has successfully acquired a regulatory license in the UAE, enabling it to expand its services in the region.
Dubai is leveraging its oil wealth and Islamic finance to establish itself in the crypto space, directly challenging the dominance of Hong Kong and Singapore.
Abu Dhabi's agricultural regulator restricts farmland usage for crypto mining to uphold sustainability and land-use standards.

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