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Dubai
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

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.

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.

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.

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.

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.

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.

UAE Exempts Crypto Transactions From Value Added Tax
The update in the law applies retrospectively from Jan. 1, 2018.

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.

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.
