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Dubai
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.

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.

Digital Asset Investment Platform Fasset Wins Operational License in Dubai
The licence will allow Fasset to serve institutional investors, qualified investors and retail investors.

Crypto Hedge Fund Nine Blocks Snags Dubai Digital Assets License
Nine Blocks, which follows a market neutral strategy, also made Dubai its global headquarters.

[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.

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.

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.

Crypto.com Wins Digital Asset License in Dubai
Crypto.com completed its licensing process in Singapore in June.

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.

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
