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UAE
Crypto Miner Phoenix Group Says UAE Initial Share Sale Was 33-Times Oversubscribed
Phoenix was looking to sell almost 18% of the company for a target raise of $368 million.
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.
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
Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms
The UAE's second-most populous emirate has taken the first steps to legalize the operations of decentralized entities such as DAOs.
U.S. Crypto Regulatory Fog Keeps Standard Chartered Rooted in UAE, Asia
Standard Chartered chose Dubai as its base for launching crypto services. Reading between the lines, the message coming from banks and large institutions is that almost anywhere is preferable to the U.S.
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.
Crypto Mining Retailer Phoenix Looks at IPO in UAE: Bloomberg
The UAE-based firm is developing one of the region’s largest mining facilities.
Crypto Exchange Rain Obtains License to Operate Virtual Asset Brokerage, Custody Service in UAE
Rain's Abu Dhabi-based entity can now offer institutional clients and some retail clients in the UAE the ability to buy, sell and store virtual assets.
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.