United Arab Emirates

Hong Kong, UAE to develop digital asset regulations, boost financial cooperation
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6 June, 2023

Hong Kong, UAE to develop digital asset regulations, boost financial cooperation

The central banks of the UAE and Hong Kong forge closer ties in regulating digital assets as part of their...
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...
UAE financial regulator wants VASPs register for licenses
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21 April, 2023

UAE financial regulator wants VASPs register for licenses

The Securities and Commodities Authority (SCA) disclosed that all VASPs in the UAE must submit applications for licensing with the...
UAE’s digital dirham rollout includes mBridge soft launch for cross-border transactions
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29 March, 2023

UAE’s digital dirham rollout includes mBridge soft launch for cross-border transactions

The Central Bank of the United Arab Emirates (CBUAE) is forging ahead with the development of its central bank digital...
India, UAE central banks collaborate on CBDCs with cross-border features
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19 March, 2023

India, UAE central banks collaborate on CBDCs with cross-border features

Building on their individual plans to improve the payments system, the central banks of India and the United Arab Emirates...
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