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Dubai
Komainu Exec on Winning Operating License in Dubai, Global Crypto Regulation Outlook
Komainu, the cryptocurrency custody joint venture of Nomura, Ledger and CoinShares, has received an operating license from the Virtual Asset Regulatory Authority (VARA) in Dubai. Komainu Head of Strategy Sebastian Widman discusses what this means for crypto in Dubai, institutional adoption, and the state of global crypto regulation.
Nomura-Backed Crypto Custody Firm Komainu Wins Operating License in Dubai
The company can now offer its full range of digital asset custody services to clients in the emirate, including institutional staking and collateral management.
3AC Founders' OPNX Fined $2.7M by Dubai Crypto Regulator
The exchange co-founded by Kyle Davies, Su Zhu and Mark Lamb was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in May.
FTX Wants Dubai Unit Removed From U.S. Bankruptcy Proceedings
Liquidating FTX Dubai under UAE law would make way for the timely distribution of any outstanding liabilities, the bankrupt estate argued in court filings.
Nomura’s Crypto Arm Gains Operating License Approval in Dubai
Laser Digital will start its trading and asset management business in the coming months.
Binance Wins Operational License in Dubai
Binance met pre-conditions set since receiving a preparatory licence in September 2022.
Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion
The crypto trading platform plans to hire up to 60 new members of staff in the region.
Why Crypto Companies Are Warming to the United Arab Emirates
Regulatory agencies in UAE emirates Dubai and Abu Dhabi have provided clear rules to follow. And going by BitOasis' recent suspension, the rules will be enforced.
Dubai Regulator Suspends Crypto Exchange BitOasis' Conditional License
BitOasis said it's working closely with the Virtual Assets Regulatory Authority to fulfil the conditions.
Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg
The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020.
