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VARA Issues New Guidelines for Virtual Asset Service Providers in Dubai

VARA Issues New Guidelines for Virtual Asset Service Providers in Dubai

VARA's "Full Market Product Regulations" comprise four mandatory and activity-specific rulebooks for running VASPs.

Coinsfera Enables Users to Trade USDT in UAE through OTC

Coinsfera Enables Users to Trade USDT in UAE through OTC

Coinsfera, the global OTC digital asset trading platform, announced that it enables users to trade stablecoin USDT in Dubai.

Crypto Market Expanding in the Middle East, Says HashCash CEO

Crypto Market Expanding in the Middle East, Says HashCash CEO

A paradigm shift is being witnessed in Middle East nations, especially the United Arab Emirates (UAE), because the region’s interests are changing from oil to crypto and metaverse.

United Arab Emirates to Issue its First NFT-Backed Stamps

United Arab Emirates to Issue its First NFT-Backed Stamps

The United Arab Emirates, through the Emirates Post Group (EPG), is set to launch the region’s first Non-Fungible Token-backed postage stamps.

UAE Gets First Blockchain-Powered Solution to Acceletrate Motor Insurance Claims

UAE Gets First Blockchain-Powered Solution to Acceletrate Motor Insurance Claims

XA Group has rolled out the first end-to-end and blockchain-based digital solution dubbed Addenda to tackle the decades-old industry challenge of reconciling motor recovery claims.

The UAE's Minister of State for Foreign Trade Thani Al-Zeyoudi

The UAE's Minister of State for Foreign Trade Thani Al-Zeyoudi

Thani Al-Zeyoudi said crypto will "major" in UAE global commerce. The UAE's international trade minister updated 2023 commercial ties and policies. New restrictions allow a $2.7 million penalties for noncompliance. At the World Economic Forum in Davos, the artificial intelligence and digital economy minister spoke.

Dubai's VARA Appoints Matthew White as CEO

Dubai's VARA Appoints Matthew White as CEO

Dubai's VARA is appointing Matthew White as its new CEO, focusing on regulatory compliance in the cryptocurrency space, following a leadership transition.

UAE and OKX Unveil Framework for Metaverse Self-Governance

UAE and OKX Unveil Framework for Metaverse Self-Governance

The UAE AI Office, in collaboration with Web3 tech firm OKX, has released a whitepaper on a "Responsible Metaverse Self-Governance Framework" to address the growing influence of the metaverse and the need for standardized operational guidelines. The report stresses international cooperation for establishing self-regulatory principles ensuring transparent, safe, and ethical metaverse operations.

UAE Strengthens Crypto Regulations with New Framework

UAE Strengthens Crypto Regulations with New Framework

The UAE has announced a new regulatory framework for virtual assets, enhancing compliance and encouraging innovation within the crypto industry.

Hong Kong's Ambition to Thrive in Web3: Exploring the Development of Selected Regional Web 3.0 Technologies

Hong Kong's Ambition to Thrive in Web3: Exploring the Development of Selected Regional Web 3.0 Technologies

Recently, the Research Unit of the Legislative Council Secretariat of Hong Kong released a summary of the document titled 'Development of Selected Regional Web 3.0 Technologies.

Dubai Police Releases Free NFTs to Enhance Authority

Dubai Police Releases Free NFTs to Enhance Authority

As part of a campaign to showcase security, innovation, and communication values, the Dubai Police has rolled out a set of non-fungible tokens (NFTs) comprising 150 free digital assets.

Blockchain.com Gets Regulatory  Approval to Operate Crypto Exchange in Dubai

Blockchain.com Gets Regulatory Approval to Operate Crypto Exchange in Dubai

London-based crypto firm Blockchain.com announced Friday that it has received regulatory approval to operate its exchange in Dubai, a city in the United Arab Emirates (UAE).

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