Tag: UAE

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PM Anwar Plans to Speed Up Crypto Approvals in Malaysia

PM Anwar plans to fast-track crypto approvals in Malaysia, learning from Binance and UAE's experiences to boost digital finance adoption. Malaysian Prime Minister Anwar bin...

UAE Positioned as Global Hub for Digital Assets, Says Ripple

Ripple highlights UAE role as a global hub for digital assets, driving innovation in stablecoins, blockchain, and financial inclusion. Reece Merrick, Managing Director for the...

Bitpanda Receives VARA Approval for UAE Launch

Bitpanda receives VARA approval to expand into the UAE, setting the stage for full operations with local partnerships and compliance. Bitpanda, Europe’s leading regulated cryptocurrency...

Crypto.com Unveils Fee-Free AED Wallet for UAE Users

Crypto.com allows for seamless AED deposits and withdrawals in the UAE. Users can deposit up to 40 million AED every month, with no...

ADGM Recognizes USDT, Expanding Crypto Options in UAE

ADGM recognizes Tether’s USDT as an accepted virtual asset, enhancing crypto options in UAE. This boosts the region’s fintech growth. Tether’s stablecoin, USDT, has been...

Deribit Launches Spot and Derivatives Trading in UAE

Deribit launches spot and derivatives trading in the UAE, moving operations to its Dubai-based entity, Deribit FZE, licensed by VARA. Deribit, the world’s top crypto...

BlackRock Receives Commercial License to Abu Dhabi Market

BlackRock receives a commercial license to operate in Abu Dhabi, strengthening its crypto presence and supporting UAE’s digital finance growth. BlackRock, the global investment firm,...

UAE’s RAK DAO Set to Launch DAO Legal Framework

New DAO regulations encourage legal identity and asset ownership. UAE provides a low-cost DAO setup, encouraging global involvement. In a significant step forward for...

UAE Introduces Tax Relief on Crypto Transfers and Conversions

The UAE’s Federal Tax Authority (FTA) announced key amendments to its value-added tax (VAT) regulations on October 2, 2024. The changes will exempt the...

Kraken Is Closing Its UAE Offices

Problems continue for major digital currency exchange Kraken. After forfeiting its position in Japan, closing its offices there, and letting all employees go in...

Dubai Is Creating a New Crypto Regulatory Agenda

Dubai – which has grown exponentially over the years as a leading digital currency hub – is expanding its reputation thanks in part to the Dubai...

Virtuzone Opens Its Heart to Crypto Payments

Virtuzone – a company based in the United Arab Emirates (UAE) that assists with business formations and provides corporate services – has announced it...