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Dubai

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...
Dubai financial watchdog urges global collaboration to prevent bad actors from exploiting gaps
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1 June, 2023

Dubai financial watchdog urges global collaboration to prevent bad actors from exploiting gaps

Elisabeth Wallace, director at Dubai Financial Services Authority, says there is an increase of “bad actors” taking advantage of the...
Standard Chartered launches digital currency custody services in Dubai
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19 May, 2023

Standard Chartered launches digital currency custody services in Dubai

Standard Chartered's latest plans were contained in an MoU signed with the Dubai International Financial Centre that will see a...
3AC founders draw ire of Dubai regulator over new project
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4 May, 2023

3AC founders draw ire of Dubai regulator over new project

VARA notes that OPNX crossed its radar in February when the project began collecting personal data from customers, and in...
BitOasis secures landmark MVP license in Dubai
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4 May, 2023

BitOasis secures landmark MVP license in Dubai

With the MVP license, BitOasis now has the right to provide broker-dealer services in Dubai to qualified retail and institutional...
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