DUBAI
Dubai Seeks to Become Hub of Metaverse
Dubai has set the ball rolling to improve people’s lives and render creative solutions by positioning itself as the global capital of Web3 through its new blockchain and metaverse technology.
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).
Dubai Sees Crypto as Stepping Stone Towards Global Tech Hub
Dubai is reaping the dividends of new tech investments because it has laid the ground for a post-pandemic boom through a business-friendly and low taxes environment.
PwC Veteran Quits Role to Establish Digital Asset Fund in Dubai
Henri Arslanian, the former Global Head of crypto of PricewaterhouseCoopers (PwC), has launched his own crypto-dedicated venture capital firm, Nine Blocks Capital Management, and has chosen Dubai as the outfit’s base of operation.
FTX Gets Full Approval to Operate Crypto Exchange in Dubai
FTX has received full government approval to expand its services in Dubai. In March, the exchange obtained a partial license to offer its services in the region.
Dubai Police to Release Second Bunch of NFTs
The Dubai Police plans to roll out the second collection of NFTs after the first bunch attracted approximately 23 million people globally.
Crypto Exchange Huobi Receives Virtual-asset License in Dubai
Cryptocurrency exchange Huobi has received provisional approval from the Dubai Virtual Assets Regulatory Authority (VARA), joining other competitors to expand footprints in the gulf nation.
Dubai Lays Out Metaverse Strategy Plan for 2027
The Emirati City of Dubai has launched its Metaverse Strategy plan for the next five years. It hopes to increase the contributions from the digital currency ecosystem to $4 billion from its current $500 million.
Crypto Fund Firm Fintonia Group Receives Virtual-asset License in Dubai
Singapore-based crypto fund firm Fintonia Group has received a provisional virtual-asset license from the Dubai authority.
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.
Is Dubai the New Rallying Point for Crypto Exchanges?
Dubai comes off as one of the most active influencers among gulf nations, granting licenses to many cryptocurrency exchanges recently.
OKX Receives Virtual-asset License in Dubai, Stablecoins Trading Goes Live on OKC Chain
Cryptocurrency platform OKX gets Virtual-asset License from Dubai's authority. The exchange also launched stablecoins trading options for their investors.
Dubai Regulator Grants Virtual Asset License to Former Singapore Legislator's Company
The VARA license allows Calvin Cheng- a former Singaporean member of Parliament, for his Web3 company to operate within Dubai’s crypto market.
Dubai Regulator Establishes Virtual HQ in the Sandbox Metaverse
Dubai is committed to growing the domestic digital asset sector, a local crypto regulator announced on Tuesday that it has created a virtual headquarters in The Sandbox metaverse platform.
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.