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Dubai

OPNX violations land 3AC founders with $2.7M fine by Dubai’s VARA
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19 August, 2023

OPNX violations land 3AC founders with $2.7M fine by Dubai’s VARA

Dubai's VARA fines Three Arrows Capital founders $2.7 million for OPNX exchange violations and imposes fines on individual executives for...
Nomura subsidiary secures VASP license from Dubai’s digital asset regulator
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9 August, 2023

Nomura subsidiary secures VASP license from Dubai’s digital asset regulator

Dubai's VARA has granted Nomura-backed Laser Digital a VASP permit, allowing it to expand the scope of its offering to...
BitOasis license in Dubai suspended over non-compliance
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13 July, 2023

BitOasis license in Dubai suspended over non-compliance

Dubai's VARA announced on July 10 that the conditional license issued to BitOasis will remain "non-operational" until the exchange regularizes...
Dubai VARA releases schedule of fees for digital asset-related activities
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4 July, 2023

Dubai VARA releases schedule of fees for digital asset-related activities

Proprietary traders of digital currencies looking to operate in Dubai will be required to possess a no-objection certificate (NOC), according...
OKX receives ‘preparatory’ license from Dubai’s VARA after Canada exit
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19 June, 2023

OKX receives ‘preparatory’ license from Dubai’s VARA after Canada exit

The Dubai Virtual Assets Regulatory Authority license lays the foundation for OKX to obtain a full-scale license in the coming...
Like Hong Kong, UAE wants to become digital currency capital of the world too
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17 June, 2023

Like Hong Kong, UAE wants to become digital currency capital of the world too

The ambitious plan will see the United Arab Emirates moving 50% of all government transactions to the blockchain, a clear...
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