United Arab Emirates

UAE new reporting requirements targets real estate transactions settled with digital currencies
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12 August, 2022

UAE new reporting requirements targets real estate transactions settled with digital currencies

The rules are targeted at clamping down on money laundering and terrorism financing, according to a statement by the UAE...
Japanese digital asset custodian Komainu obtains provisional regulatory approval in Dubai
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31 July, 2022

Japanese digital asset custodian Komainu obtains provisional regulatory approval in Dubai

The approval was issued by Dubai’s VARA, a body created in March to regulate the activities of digital currency firms...
Dubai ‘metaverse strategy’ will open 40,000 virtual jobs by 2030
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23 July, 2022

Dubai ‘metaverse strategy’ will open 40,000 virtual jobs by 2030

The plan is also in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum to transform...
BSV Global Blockchain Convention shines spotlight on blockchain for gov’t data and applications
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10 July, 2022

BSV Global Blockchain Convention shines spotlight on blockchain for gov’t data and applications

Four panelists went on stage at the BSV Global Blockchain Convention in Dubai to share their experiences pushing blockchain for...
UAE to push blockchain tech adoption with new MoU
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9 July, 2022

UAE to push blockchain tech adoption with new MoU

Under the memorandum of understanding, Chainalysis' UAE Centre of Excellence will provide a virtual training program in the blockchain field...
Huobi targets Middle East with new Dubai license
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25 June, 2022

Huobi targets Middle East with new Dubai license

Huobi has obtained a license in Dubai but is yet to secure approval to provide digital asset trading services, in...
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