Dubai
UAE Becoming Crypto Hub; India’s Tax Bogeyman
Australia’s BTC Markets partners with Mastercard for payment options. Crypto.com, Bybit book tickets to Dubai to set up bases. India’s crypto taxes scaring away younger investors. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Dubai Attracts Crypto.com, Bybit as Friendly Rules Bear Fruit
Crypto.com is establishing an office in Dubai while Bybit is moving its global HQ.
Binance's Middle East Progress Continues With Operating License in Dubai
It’s the second approval this week in that region for the crypto exchange.
FTX Europe Becomes First Exchange to Receive Crypto License in Dubai
The exchange will also set up a regional headquarters in Dubai.
Russians Looking to the UAE to Unload Billions in Crypto Assets: Report
Other Russians are reportedly looking to use their crypto to invest in property in the UAE.
Binance in Talks to Obtain Dubai License Amid Middle East Push: Report
The move comes as Dubai adopts its first law governing virtual assets.
Dubai Adopts Initial Crypto Law, Establishes Independent Authority for Oversight
"The future belongs to whoever designs it," tweeted Sheikh Mohammed bin Rashid Al Maktoum.
Dubai Issues Rules for Security, Derivatives Tokens
The regulator also plans to roll out rules for exchange and utility tokens as well as stablecoins.
CORRECTION: Story of UAE Blockchain Fund Was Based on Fraudulent Press Release, Agency Says
An individual claiming to be associated with UAE royalty also utilized a fake website.
MidChains CEO on UAE’s Crypto Landscape
As of this February, cryptocurrencies including bitcoin, ether, and stablecoin tether have been accepted as a form of payment at the KIKLABB free trade zone in Mina Rashid, Dubai, which became the first UAE government to officially embrace bitcoin.
