Tag: dubai

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Dubai DIFC Court Orders Worldwide Freeze Of $456M Tied To TrueUSD Reserve Dispute After Justin Sun Bailout

In a recent event, $456 million in assets connected to the alleged theft of TrueUSD (TUSD) stablecoin reserves have been frozen by a judge...

Dubai Leads the World’s Largest Virtual Assets Market, Transactions Volumes Year To Date Have Surpassed $680B: Sheikh Maktoum

Ever since the cryptocurrency market became a global sensation in the finance world, Dubai has stood out to be one of the most successful...

Polygon Labs And Cypher Capital Partner To Bring $POL To Middle East Institutions

Polygon Labs and Cypher Capital announced today in Dubai that they will work together to expand institutional access to POL, Polygon’s native token. The...

Dubai and the UAE Take Strategic Step Toward Unified Crypto Regulation Via New Partnership

The UAE has made significant progress towards the unification of regulations through the official cooperation between the Securities and Commodities Authority and Dubai Municipality. This...

Nomura’s Laser Digital Wins Dubai VARA License To Offer Regulated Crypto OTC Derivatives

On August 6th, Laser Digital, the crypto trading arm of Japanese bank Nomura, secured a limited license in Dubai to offer regulated over-the-counter crypto...

Ripple And Ctrl Alt Partner To Secure Dubai’s Real Estate Tokenisation On XRPL

The Dubai Land Department teamed up with Ctrl Alt and Ripple Custody. They will store tokenised real estate title deeds on the XRP Ledger. The...

Crypto .com Signs Landmark Agreement with Dubai Duty Free to Enable Crypto Payments Across Retail Platforms

In a major stride toward mainstream adoption of digital assets, cryptocurrency platform Crypto.com has signed a landmark memorandum of understanding (MoU) with Dubai Duty...

UAE Government Confirms That Cryptocurrency Investments Alone Do Not Qualify for Golden Visa Residency

The United Arab Emirates (UAE) government has officially denied recent claims suggesting that cryptocurrency investments, specifically in Toncoin, can qualify individuals for the country’s...

Crypto Exchange KuCoin Inks Sponsorship Deal With Dubai Sports Council to Host Padel Tournament

Crypto exchange KuCoin has inked a deal with the Dubai Sports Council to sponsor the upcoming Padel Cup for government employees. The sponsorship comes...

Changpeng Zhao Returns To Dubai, Reflects On Post-Prison Life & Future In Crypto

Changpeng Zhao, founder of Binance, made a high-profile appearance at the Coca-Cola Arena in Dubai, where he was warmly greeted by fans and investors....

Ripple Bags Approval for Cross-Border Payments in Dubai Amid UAE’s Rising Crypto Acceptance

Ripple has secured an in-principal approval from Dubai's Financial Services Authority to enable cross-border payments, the digital asset infrastructure provider announced on Tuesday, October...

Dubai’s VARA Announces New Marketing Regulations For Virtual Assets

As the digital finance landscape continues to evolve, regulatory bodies around the world are stepping up to ensure that virtual assets are managed safely...