Dubai

April 11, 2024

Dubai virtual asset regulator wants to lift burden on small crypto firms

Matthew White, CEO of Dubai’s Virtual Asset Regulatory Authority (VARA), expressed the authority’s commitment to easing regulatory burdens for smaller crypto businesses during a panel discussion […]
March 16, 2024

Dubai’s DIFC passes comprehensive digital asset law, new security law

The Dubai International Financial Centre (DIFC), a special economic zone housing over 5,000 residents, has introduced a series of legislative updates, including a new digital assets […]
March 06, 2024

Nexo puts recent woes behind it with Middle East license approval

Nexo, the cryptocurrency lending platform, is moving forward with its global expansion plans after receiving initial approval from Dubai’s Virtual Assets Regulatory Authority (VARA). This approval […]
December 12, 2023

Dubai awards conditional crypto license to climate-friendly Web3 firm

AYA is a climate-focused launchpad that supports innovations around sustainability, such as reforestation, nature credits, mangrove conservation and sustainable agriculture.   The Virtual Assets Regulatory Authority […]
November 03, 2023

XRP, TON win approval in Dubai International Financial Centre free trade zone

The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal […]

Dubai VARA grants ‘initial approval’ to crypto firm WadzPay

The license allows WadzPay to begin preparing to provide virtual asset services and activities under the VASP License for Transfer and Settlement and Broker/Dealer activities.   […]

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