Crypto exchange Gemini announces expansion into UAE market

Crypto exchange Gemini, owned by the Winklevoss twins, has announced its plans to acquire a crypto service license for customers in the United Arab Emirates (UAE).

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Gofaizen & Sherle Launches A Crypto Product For UAE Market

Gofaizen & Sherle, a leading fintech and crypto consultancy firm based in Estonia, has recently launched its first crypto  product for the United Arab Emirates (UAE). The product is designed to assist businesses and startup owners in obtaining crypto licenses in two key zones in UAE – the DMCC free zone and IFZA free zone, … Continued The post Gofaizen & Sherle Launches A Crypto Product For UAE Market appeared first on BeInCrypto.

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Crypto will become a vital part of UAE trades, says minister 

Crypto will be critical to the UAE's efforts to upscale revenues from non-oil sectors and make the gulf country a crypto hub.

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UAE Grocery Delivery Service Accepts Crypto Payments

YallaMarket, a grocery delivery platform in the UAE, announced Wednesday that they now accept crypto payments for customer orders. While some governments evade the possibility of adopting metaverse and cryptocurrency, UAE has been an open city for crypto.

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UAE to issue crypto licenses as it pushes to become a fintech hub

The UAE is eyeing companies and other providers within the growing crypto industry with… The post UAE to issue crypto licenses as it pushes to become a fintech hub appeared first on Coin Journal.

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UAE reportedly plans to issue federal crypto license for VASPs

The crypto license legislation might be the first nationwide crypto-focused regulation. However, various free zones in the country had introduced crypto regulations as early as 2018.

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UAE Readies Regulation to Attract Global Crypto Giants and Build Mining Ecosystem

The UAE intends to lure in global cryptocurrency giants, such as Binance, by preparing amendments to local legislation and wants to begin mining cryptocurrencies in earnest

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Arabic Cash: UAE Oil in the past – Long live Crypto!

While many countries tend to simply ban Bitcoin (BTC) and virtual assets, regulators in the United Arab Emirates are taking a different approach. The country is consistently building the groundwork for a global blockchain capital.

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UAE regulators pave way for crypto and blockchain adoption, says legal expert

Legal expert Kokila Alagh shared insights regarding crypto and blockchain regulations in the United Arab Emirates.

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UAE Imposes Five-Year Jail Term and Up to $272,000 in Fines for Crypto Scam Artists

The United Arab Emirates (UAE) has introduced a new law that would impose a five-year jail term and up to $272,000 for perpetrators of crypto scams The post UAE Imposes Five-Year Jail Term and Up to $272,000 in Fines for Crypto Scam Artists appeared first on BeInCrypto.

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UAE Introduces New Law to Combat Crypto Crime, Allows Licensed Cryptocurrency Offering & Promotion

The United Arab Emirates (UAE) is introducing new rules to promote cryptocurrency development while curbing digital currency scams targeting investors in the country. Under the new rules, crypto scammers will face prison time for up to 5 years and a penalty of up to AED 1 million (just over $272k), starting January 2, 2022.

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GLOBAL TECH INNOVATION SUMMIT

9th & 10th March 2022 Dubai UAE — Connecting Investors with Crypto Ecosystem The Global Tech Innovation Summit will take place in Dubai, UAE under the patronage of His Highness Sheikh Mohamed bin Ahmed bin Hamdan al Nahyan’s Private Office on March 9-10.

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UAE Authorities Announce New Stringent Measures Against Crypto Scammers

Under stringent new UAE regulations designed to safeguard the public from financial fraud, cyber criminals who promote cryptocurrency frauds online face up to five years in prison and fines of up to $272 million.

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UAE to impose jail time, high fines on those promoting rogue cryptos and scams

Crypto scams, rug pulls and other such cybercriminal activities have continued to act as a major bane for the cryptocurrency industry that is still striving for mainstream acceptance. In just the prevThe post UAE to impose jail time, high fines on those promoting rogue cryptos and scams appeared first on AMBCrypto.

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UAE Imposes Jail Time for Crypto Scam Promoters

Shilling unregistered cryptocurrencies may result in a prison sentence in the UAE starting from next year

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UAE to issue blockchain-based NFTs to commemorate National Day

The United Arab Emirates is showing a progressive attitude towards crypto and digital assets in general. The Emirates Post Group (EPG) has announced it will issue nonfungible token (NFT) stamps to mark the 50th National Day.

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Almost 100% of BTC Holders in Profit, SHIB Listed by Public.Com, Ripple Partners with UAE Exchange: Crypto News Digest by U.Today

What’s going on in the crypto industry? Read U.Today’s news digest to find out!

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No Questions Asked: Dubai a Prime Haven for Crypto Aficionados

Dubai, a wealthy city in the UAE, might be one of the best places for crypto aficionados looking to live primarily, and perhaps solely, on digital currencies The post No Questions Asked: Dubai a Prime Haven for Crypto Aficionados appeared first on BeInCrypto.

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Arab Bank Partners With Tezos (XTZ) for Crypto Custody and Staking

Crypto-friendly policies in the United Arab Emirates (UAE) have been ramping up recently, with another leading financial institution making a big splash in the crypto industry. Growth for Everyone Involved Arab Bank Switzerland – the Swiss subsidiary of the Arab Bank, has partnered with the Tezos Foundation to enable institutional crypto custody, per a press […] The post Arab Bank Partners With Tezos (XTZ) for Crypto Custody and Staking first appeared on BitcoinExchangeGuide.

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UAE crypto exchange BitOasis closes $30M Series B funding

BitOasis, the Middle East and North Africa-based crypto exchange, announced today it has wrapped up its Series B round, the company has closed $30 million in funding from new and existing investors.

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UAE crypto exchange BitOasis raises $30M to expand in MENA

“Our aim is to build the largest and most trusted cryptocurrency platform in the region,” BitOasis CEO Ola Doudin said.

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UAE Begins Working With Crypto Industry to Fight Fraud

The Dubai Police is getting together with BitOasis to “make crypto safe for investors.”

The post UAE Begins Working With Crypto Industry to Fight Fraud appeared first on BeInCrypto.

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UAE Authorities Sign Agreement To Support Crypto Trading

Crypto adoption in the Middle East is higher than it has ever been. And regulatory frameworks to support crypto-related financial services are growing. The United Arab Emirates’ Securities and Commodities Authority has signed an agreement with the Dubai World Trade Centre Authority (DWTCA).

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Monthly Report: UAE regulators embrace trading of crypto assets, Turkey state leader rejects cryptocurrencies

The debt crisis involving China’s second-largest property developer, the Evergrande Group set off a… The post Monthly Report: UAE regulators embrace trading of crypto assets, Turkey state leader rejects cryptocurrencies appeared first on Coin Journal.

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UAE Financial Authorities Approve Cryptocurrency Trading

The Securities and Commodities Authority (SCA) and the Dubai World Trade Centre Authority (DWTCA) have signed an agreement supporting the regulation, issuance, listing, and trading of crypto assets and blockchain-related financial activities within the DWTCA free trade zone, according to a press release on December 22, 2021. The UAE Lures Crypto Startups In a bidRead More

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Dubai to Allow Crypto Trading within Tax-Exempt Economic Zones

The Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE) has signed an agreement with the Dubai World Trade Centre Authority (DWTCA) to support the trading of cryptocurrencies in DWTCA's free zone, reported the state news agency.

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MENA bitcoin exchange BitOasis the first to be linked with UAE’s GoAML platform

BitOasis, a Dubai-based crypto and bitcoin exchange focused on the MENA region, announced today that it has become the UAE’s first virtual asset service provider to be linked with the GoAML platform launched by the UAE Financial Intelligence Unit.

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UAE regulator gives nod to crypto assets trading

The agreement allows Dubai World Trade Centre Authority (DWTCA) to grant permissions and licences… The post UAE regulator gives nod to crypto assets trading appeared first on Coin Journal.

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UAE regulators approve crypto trading in Dubai free zone

Dubai authorities continue driving more adoption to the cryptocurrency industry by pushing more regulatory approvals.

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UAE Adopts Regulatory Framework for Crypto Assets

The National Committee for Combating Money-Laundering and Financing of Terrorism and Illegal Organisations of United Arab Emirates (UAE) endorsed a regulatory framework for crypto assets, said the central bank.

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Crypto in the UAE. TRES Was Approved by DMCC for OTC Trade License to Operate With Cryptocurrency

On photo left to right:  Saif Al Mansouri – CEO TRES OTC DMCC, Ahmed Bin Sulayem – Executive Chairman and Chief Executive Officer of DMCC, Dmitry Krasnogor – Managing Director TRES OTC DMCC, Antony Katin – CEO SIMBA Storage, and Alexey Liakhovnenko – CEO TRES Group GmbH Back in 2020, at the Davos Summit, the DMCC (UAE Free Economic Zone) announced a strategic partnership with CV VC and CV Labs to launch Crypto Valley, the world’s largest ecosystem of cryptography, blockchain and distributed ledger in Dubai.

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Crypto in the UAE: TRES Was Approved by DMCC for OTC Trade License to Operate With Cryptocurrency

On photo left to right: Saif Al Mansouri – CEO TRES OTC DMCC; Ahmed Bin Sulayem – Executive Chairman and Chief Executive Officer of DMCC; Dmitry Krasnogor – Managing Director TRES OTC DMCC; Antony Katin – CEO SIMBA Storage; Alexey Liakhovnenko – CEO TRES Group GmbH.

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Survey: 4 of 5 institutional investors to increase exposure to crypto

More than 80% of institutional investors and wealth managers from the US, UK, France, Germany, and the UAE who are currently exposed to digital assets, including cryptocurrencies, anticipate increasing their exposure through 2023, a survey cited by Institutional Asset Manager reveals.

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Young Arabs are more ‘bullish’ on crypto investments than Westerners

A recent survey by market research company YouGov in the United Arab Emirates (UAE) found young Emiratis were overall ‘more bullish’ than Western expats about the opportunities in the crypto market.

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UAE minister of economy: Crypto & tokenization “key” to doubling GDP

A government-run token exchange could be on the horizon for the United Arab Emirates

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DAO Consensus to Bring Together Digital Economy Leaders in Dubai

From March 16 to 21, Dubai (UAE) will host the Dubai DAO Consensus Summit – the largest crypto event of the spring with more than 40 major experts, entrepreneurs, investors and traders. #DUBAIDAOCONSENSUSSUMMIT is a hot week of pumping in the world of the digital economy in an online&offline format with a live broadcast and […] Сообщение DAO Consensus to Bring Together Digital Economy Leaders in Dubai появились сначала на Coinstelegram.

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DeFi, Islamic Finance, and Crypto Culture in the UAE

With the cryptocurrency and DLT space growing in the Islamic world, BeInCrypto explores the relationship between Islamic finance, DeFi and how local culture in the UAE is impacted. The post DeFi, Islamic Finance, and Crypto Culture in the UAE appeared first on BeInCrypto.

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ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

CryptoNinjas » ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE ZelaaPayAE (ZPAE), a Dubai-based blockchain payment network focused on the Gulf region, has announced the deployment of 100 XPOS Handy (point-of-sale terminals) and 10,000 XPASS cards from partner Pundi X, a cryptocurrency payment platform.

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Bitcoin, Ethereum, and Tether can now be used to pay for trade licenses and visa fees in the UAE

Cryptocurrencies in the UAE could be on their way to public adoption, with the government setting the pace. KIKLABB, a government-owned licensing body has become the first public entity in the Arabic country to accept crypto payments.

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ZelaaPayAE: UAE Will Now Have a Crypto Debit Card

PRESS RELEASE. ZelaaPayAE, with a vision to build and improve the financial structure, introduces a Crypto Debit Card with the ability to be swiped not just in UAE but also globally. Partnering with Baanx, ZelaaPayAE is providing Mastercard enabled Debit Card featuring personalized cards with a low monthly fee and extreme accountability. What makes it […]

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India welcomes UAE's digital asset exchange Bitex

India has noted an uptick in crypto users over the past year. This surge in the crypto users can mainly be attributed to the Supre Court's decision to quash the Central Bank's circular that called forThe post India welcomes UAE's digital asset exchange Bitex appeared first on AMBCrypto.

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Bitrump sees a major surge in new user registrations

One of the largest crypto exchanges in the UAE, Bitrump, recently reported a massive surge in the number of new users on its platform. According to the company, the surge took place over the course of one month.

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Bitrump is planning to list more utility tokens

Major crypto exchange from the UAE, Bitrump, has plans to list some more digital currencies to its platform. However, according to new information, the exchange seems to be focusing on utility coins that are backed by real-world resources, including metals, gas, oil, and more.

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New UAE crypto exchange receives regulatory approval

DEX, a new UAE bitcoin and crypto Multilateral Trading Facility and Custodian, has now secured a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) in the United Arab Emirates.

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Meet Ideaology – All in One Blockchain Solution

DUBAI, UAE, 8th May (Friday) Time: 10 AM New York, NY, USA (GMT-4) ‘MEET IDEAOLOGY’ webconference is looking for you The exclusive, pre-launch presentation for the top crypto people In an effort to make top-shelf blockchain partnerships before their Initial Coin Offering is launched, Ideaology ( www.

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Huobi Exchange Partners With UAE Real Estate Firm to Enable Crypto Payments

Huobi partnered with a real estate firm in the UAE to allow real estate investors to pay in cryptocurrencies like Bitcoin

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BTSE crypto exchange integrates Blockstream’s Liquid Bitcoin and USDt

BTSE, a UAE registered cryptocurrency exchange, today announced that as a launch member of the Liquid Network, it now offers support for two of the sidechain’s most notable assets: Liquid Bitcoin (L-BTC) and Liquid USDt.

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UAE notes surging crypto demand as country deliberates regulations

2019 has seen large-scale blockchain adoption. With China trying to beat the world to its central bank-backed digital currency, the United Arab Emirates [UAE] too, has begun drafting regulations.

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UAE crypto exchange BitOasis lists EOS token

The team of BitOasis, a UAE-headquartered bitcoin and cryptocurrency exchange, has announced that EOS token is now listed and supported for trading. EOS is available on BitOasis’ new Core and Pro products with EOS-AED and EOS-BTC buying, selling and trading now active.

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