TL;DR Breakdown The United Arab Emirates (UAE) is planning to give a federal crypto license to virtual asset service providers (VASPs), The UAE is set to become a crypto hub as part of the government’...
Tag: UAE
UAE Plans to Issue National Crypto Licenses to Virtual Assets Service Providers
The United Arab Emirates (UAE), a country in the Middle East, has announced today that it is making preparations to give federal licenses to virtual assets service providers (VASPs) by the end of this...
UAE Preps Crypto Licensing in Bid to Become Global Hub
Key Takeaways The United Arab Emirates is readying to issue federal licenses for crypto firms by the end of this quarter. The licensing regime would help formalize the crypto economy in the country an...
UAE reportedly plans to issue federal crypto license for VASPs
The United Arab Emirates is reportedly planning to issue a federal crypto license for virtual asset service providers (VASPs) by the end of the first quarter. The Securities and Commodities Authority ...
UAE to issue licenses for virtual asset providers by end of Q1: report
advertisement The United Arab Emirates (UAE) is setting the stage for a push to attract crypto companies, as it looks to issue federal licenses for virtual asset providers (VASPs) by the end of Q1. A...
Zenfinex Has Recruited Michel Chabbouh as CEO MENA to Head Its UAE operations
Zenfinex has announced that it has recruited Michel Chabbouh as CEO MENA, effective from January 2022. In a recent press release shared with Finance Magnates, Michel Chabbouh, a veteran senior executi...
Arab Federation of Capital Markets Partners With UAE to Launch Blockchain Innovation Challenge – Blockchain Bitcoin News
United Arab Emirates (UAE)’s Ministry of Economy has joined hands with the Arab Federation of Capital Markets (AFCM) to kickstart a challenge that encourages fintechs to create a know-your-customer (K...
UAE Based Money Transfer Firm Announces Partnership With Ripplenet – Blockchain Bitcoin News
Al Fardan Exchange, a money transfer firm, has joined up with Ripplenet in a deal that will see the company use the Ripplenet blockchain when sending funds across national borders. Al Fardan’s Reasons...
Arabic Cash: UAE Oil in the past – Long live Crypto!
While many countries tend to simply ban Bitcoin (BTC) and virtual assets, regulators in the United Arab Emirates are taking a different approach. The country is consistently building the groundwork fo...
9th Global Blockchain Congress by Agora Group & TDeFi on February 21st and 22nd in Dubai, the UAE
The 9th edition of the world-renowned flagship Global Blockchain Congress by Agora Group is taking place on February 21st and 22nd 2022 in Dubai, the UAE & co-hosted by TDeFi. This edition’s them...
Binance is embracing regulation as it eyes UAE for its next global hub
The world’s largest cryptocurrency exchange has had a turbulent year when it comes to regulation. With market authorities around the globe clamping down on Binance for its alleged failure to comply wi...
Expert: UAE watchdogs are paving the way for crypto and blockchain adoption
Kokila Alagh, the founder and CEO of Karm Legal Consultants, says the financial regulators in the United Arab Emirates (UAE) are trying to foster the adoption of cryptocurrencies and blockchain techno...
UAE regulators pave way for crypto and blockchain adoption, says legal expert
While many countries are inclined to simply ban the use of Bitcoin (BTC) and virtual assets, regulators in the United Arab Emirates are taking a different approach. The country has been consistently ...
UAE Is all set to crush Crypto Fraudsters
According to a report by the UAE-based news article, The National News, new legislation is being passed in the UAE that would ensure harsh penalties for crypto fraudsters who target investors in the n...
UAE Is Coming Down Hard On Crypto Fraudsters
The United Arab Emirates (UAE) is going to be hard on crypto scammers as it works to end all fraud in the industry. Regulators have stated that anyone taking part in a crypto scam of any kind will fac...