As the United Arab Emirates pivots away from oil, it is keen on establishing itself as a global commercial hub, with experts citing blockchain integration as key to achieving its goals.
Elas has been experimenting with Bitcoin for years and now understands it enough to leverage powerful system features to create sophisticated products.
The new license, granted by Dubai's VARA, allows OKX Middle East to offer both fiat and spot trading services to users via its website and mobile app.
Sebastian Plötzeneder says GITEX was the biggest event he had been to, and it combines all the emerging technologies, giving the attendees a feel of what the future holds.
Bryan Daugherty was at GITEX Global 2023 in Dubai, where he talked to CoinGeek about Certihash, breaking the misconception between 'crypto' and blockchain, and more.
FTX's Sam Bankman-Fried won't face a second trial for bribing Chinese officials, while Binance's Changpeng Zhao's bid to return to Dubai has been rejected for the second time.
With the VARA license, CoinMENA can offer full-scale broker-dealer services and instant transactions in Dubai, a major step in regulatory compliance and user-centric innovation.
GCEX has secured Dubai VASP license for institutional investors, leveraging XplorDigital, prioritizing regulatory compliance, and planning Web 3-aligned innovative products in accordance with VARA standards.
Changpeng Zhao's refusal to serve jail time over violations of U.S. banking laws forced prosecutors to tag him as a flight risk, leading to the ex-Binance CEO's legal team filing an opposition.
Dubai's VARA is reshaping leadership for market growth as CEO Henson Orser departs. Finance expert Mathew White is stepping in, marking a strategic shift for the regulatory authority.
Ras Al Khaimah enters the digital assets trade zone competition with the launch of RAK Digital Assets Oasis, aiming to incubate blockchain, metaverse, and AI innovations backed by incentives for global investors.