Dubai


Finance

Crypto Exchange Deribit's Dubai-Based Unit Wins Conditional VASP License

Obtaining the full VARA spot and derivatives license is an important next step in our efforts to raise the overall quality & governance standards of our platform, exchange's new CEO Luuk Strijers told CoinDesk.

Skyscrapers in Dubai (Kent Tupas/Unsplash)

Policy

Crypto Lender Nexo Secures First Regulatory Victory in Dubai

Receiving a full license involves three stages: an initial provisional permit, a preparatory license, and an operating license.

headshot of Nexo co-founder and managing partner Kalin Metodiev

Policy

Digital Asset Investment Platform Fasset Wins Operational License in Dubai

The licence will allow Fasset to serve institutional investors, qualified investors and retail investors.

Skyscrapers in Dubai (Kent Tupas/Unsplash)

Finance

Crypto Hedge Fund Nine Blocks Snags Dubai Digital Assets License

Nine Blocks, which follows a market neutral strategy, also made Dubai its global headquarters.

Skyscrapers in Dubai (Kent Tupas/Unsplash)

Videos

[SPONSORED CONTENT] Mohammad AlShamsi of the Dubai Police talks about how blockchain is revolutionizing global firearms forensics

Mohammad AlShamsi, Head of Firearms and Toolmarks Section of the Dubai Police, joins us in the studio to share how blockchain technology is helping combat organized crime. The use of shared, standardized and transparent data can allow the tracing of firearms across boarders to become more easy and accessible.

Cardano Summit 2023 Interviews

Finance

Head of Dubai Crypto Regulator to Quit to 'Pursue Other Interests'

VARA also plans to fine at least 12 crypto companies for failing to comply with guidelines by a Nov. 17 deadline, Bloomberg reported.

Skyscrapers in Dubai (Kent Tupas/Unsplash)

Policy

Crypto Custodian Hex Trust Obtains Full Dubai Operating License

This final approval allows the firm to offer digital asset custodial services to institutional clients and sophisticated investors in Dubai.

Dubai (Wael Hneini/Unsplash)

Policy

Crypto.com Wins Digital Asset License in Dubai

Crypto.com completed its licensing process in Singapore in June.

Crypto.com has registered as a crypto provider with the central bank in the Netherlands (crypto.com)

Finance

Former FTX, Alameda Executives to Start New Crypto Exchange: WSJ

Former FTX general counsel Can Sun, who was a key witness in the Sam Bankman-Fried trial, and former Alameda Research software developer Armani Ferrante are building a Dubai-based exchange called Backpack Exchange.

Can Sun, former FTX general counsel, leaves a New York courthouse after testifying against Sam Bankman-Fried on Oct. 19, 2023. (Nik De/CoinDesk)

Finance

Standard Chartered, SBI Holdings Establishing $100M Investment Firm Targeting Crypto Startups

SC Ventures and SBI Holdings' Digital Asset Joint Venture investment company will be established in UAE and focus on firms in market infrastructure, risk and compliance, DeFi and tokenization

Standard Chartered (Shutterstock)