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“# UAE reportedly plans to issue federal crypto license for VASPs ” The United Arab Emirates is reportedly planning to issue a federal crypto license for virtual asset service providers (VASPs) by the end of the first quarter. The Securities and Commodities Authority (SCA) in UAE is reportedly in the final stages of finalizing the…
“# UAE regulators pave way for crypto and blockchain adoption, says legal expert ” While many countries are inclined to simply ban the use of Bitcoin (BTC) and virtual assets, regulators in the United Arab Emirates are taking a different approach. The country has been consistently enacting its vision of becoming a blockchain capital by…
“# Binance joins fresh crypto hub by Dubai World Trade Centre ” The world’s largest cryptocurrency trading platform, Binance, is among the first crypto exchanges to join a new crypto hub established by the Dubai World Trade Centre Authority (DWTCA). Binance officially announced it had signed a memorandum of understanding with the DWTCA the next…
“# Dubai World Trade Centre to create new crypto hub and become regulator ” The United Arab Emirates (UAE) continues to emerge as one of the world’s biggest cryptocurrency-friendly jurisdictions as the government of Dubai has a new initiative to support local crypto development and regulation. The Dubai World Trade Centre (DWTC), a government-owned event…
“#The Skyline Chess Set lets you play a game of chess with your favorite city’s iconic buildings!” Imagine the Harry Potter chess set… but with Muggle Architecture. With 6 cities to choose from, scattered across North America, Europe, and Asia, the Skyline Chess set makes the game of chess a tad bit grander and classier…
“# The International Chess Federation is first global sports association with its own NFT marketplace ” Digitalization keeps on coming to one of the oldest games in the world as FIDE, the International Chess Federation, announces its plans for a nonfungible token (NFT) marketplace. The group said that the marketplace, which launches at the end…
“# Dubai finance watchdog approves listing of Bitcoin fund ” The Bitcoin Fund (QBTCu.TO), a closed-end investment vehicle based in Canada, has received regulatory approval from the Dubai Financial Services Authority. The fund debuted on Nasdaq on June 23, 2021 and became the first listed digital asset fund in the Middle East. The fund’s goal…
“# Dubai regulator announces new regulations for investment tokens ” The Dubai Financial Services Authority (DFSA) has established a regulatory framework for investment tokens as part of its efforts to stimulate the digital financial and technological environment while also meeting market players’ demands and requirements. The DFSA is an independent regulatory body in Dubai that…
“# Crypto traders fight in WBS Dubai for Amir Khan’s charity boxing match ” The World Blockchain Summit in Dubai hosted an exhibition boxing match between top cryptocurrency traders and influencers for the WBC Crypto Belt. The fights were supported by a charity event, featuring an auction of memorabilia including digital currency assets and nonfungible…
“# UAE crypto exchange BitOasis raises $30M to expand in MENA ” Dubai-based cryptocurrency trading platform BitOasis is expanding in the Middle East and North Africa (MENA) with another major funding round. BitOasis closed a $30-million Series B funding round led by Chicago-based venture capital firm Jump Capital and Dubai-based VC company Wamda Capital, according…