Dubai


Finance

Middle East-Based Sigma Capital Unveils $100M Fund to Accelerate Web3 Innovations

The fund will focus on DeFi, tokenization, and blockchain infrastructure by managing a portfolio of liquid tokens

Skyscrapers in Dubai (Kent Tupas/Unsplash)

Videos

Regulatory Game-Changer: OKX's Crypto Expansion in Dubai

CoinDesk Indices Head of Product Andy Baehr joins "Markets Daily" for a special episode in Dubai and discusses the evolving landscape of the crypto market. Plus, insights on OKX's expansion to the UAE and its regulatory impacts. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

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Policy

Sui Launches ‘Incubator’ Hub in Dubai for ‘On the Spot’ Solution Engineering

The hub is in collaboration with Ghaf Group, a blockchain firm in the region.

Kostas Chalkias, co-Founder and chief cryptographer at Mysten Labs, at Future Blockchain Summit in Dubai. (Amitoj Singh/CoinDesk)

Policy

Dubai's VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official

Senior official Sean McHugh disputed any perception of VARA being a friendlier-than-usual crypto regulator.

Skyscrapers in Dubai (Kent Tupas/Unsplash)

Videos

The Future of Crypto and Investment Roundtable: A Dubai Special With Anthony Scaramucci and Jeff Ren

Anthony Scaramucci, founder and managing partner at Skybridge Capital, joins OKX Ventures partner Jeff Ren at a special edition of Markets Daily, where they discuss the exponential growth of crypto in Dubai and their investment strategies in the current market. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

CoinDesk

Finance

OKX Goes Live in UAE, Targeting TradFi Institutions, Retail Market

The exchange is the first to go live with dirham banking integration and a dirham-denominated order book, Rifad Mahasneh, general manager for the Middle East, told CoinDesk.

OKX CMO Haider Rafique, Middle East General Manager Rifad Mahasneh and President Hong Fang at a press conference in Dubai. (Amitoj Singh/CoinDesk)

Policy

Dubai's VARA Fines, Issues Cease-and-Desist Orders Against 7 Crypto Entities

The action is rare for a region attempting to project itself as a global crypto hub.

Skyscrapers in Dubai (Kent Tupas/Unsplash)

Policy

UAE Exempts Crypto Transactions From Value Added Tax

The update in the law applies retrospectively from Jan. 1, 2018.

16:9 UAE dirham (Pixelline studios/Pixabay)

Videos

Shaq to Defend Himself in NFT Class Action; Do Trump's Election Odds Drive The Price of Bitcoin?

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today as Shaquille O'Neal will have to defend himself against allegations in a class action lawsuit. Plus, the correlation between bitcoin’s price and Donald Trump's victory odds. And, a Dubai court ordered a company to compensate a worker through a cryptocurrency token.

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Policy

What a Dubai Court Ordering a Company to Pay Its Employee in Crypto Means

The ruling may not necessarily mean crypto is legalized for salary payment in general, two Dubai-based lawyers told CoinDesk.

Skyscrapers in Dubai (Kent Tupas/Unsplash)