Dubai


Finance

Nomura’s Crypto Arm Gains Operating License Approval in Dubai

Laser Digital will start its trading and asset management business in the coming months.

Laser Digital CEO Jez Mohideen

Policy

Binance Wins Operational License in Dubai

Binance met pre-conditions set since receiving a preparatory licence in September 2022.

Binance gets a license to operate more services in Dubai. (Kent Tupas/Unsplash)

Finance

Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion

The crypto trading platform plans to hire up to 60 new members of staff in the region.

Skyscrapers in Dubai (Kent Tupas/Unsplash)

Opinion

Why Crypto Companies Are Warming to the United Arab Emirates

Regulatory agencies in UAE emirates Dubai and Abu Dhabi have provided clear rules to follow. And going by BitOasis' recent suspension, the rules will be enforced.

Dubai (Wael Hneini/Unsplash)

Policy

Dubai Regulator Suspends Crypto Exchange BitOasis' Conditional License

BitOasis said it's working closely with the Virtual Assets Regulatory Authority to fulfil the conditions.

Dubai (Wael Hneini/Unsplash)

Finance

Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg

The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020.

Blockchain.com abrirá una oficina en Dubai. (Shutterlk/Shutterstock)

Consensus Magazine

Crypto Hubs 2023: Where to Live Freely and Work Smart

With shifting regulatory regimes worldwide, crypto is on the move to find the best locales to put down roots, get licensed, register or just be. Crypto Hubs 2023, our ranking of the top 15 global crypto hubs, is a good place to start.

illustration of a globe with crypto symbols

Consensus Magazine

Dubai: Launching a Crypto Regulatory Arm to Become a Global Financial Power

The center of the crypto universe has been shifting toward Dubai since March 2022, when the UAE announced the world’s first independent crypto regulator: the Virtual Asset Regulatory Authority. With its stated intention to provide legal clarity for crypto, the No. 5 spot in CoinDesk’s Crypto Hubs 2023 has attracted jurisdiction shoppers such as Binance CEO Changpeng Zhao and crypto exchange WazirX.

Founder/CEO of Binance Changpeng Zhao, closeup

Consensus Magazine

Abu Dhabi: A Wealthy Middle-East Capital Creating a Bridge From TradFi to Crypto

The heart of crypto in the capital of the United Arab Emirates is actually just offshore in the Abu Dhabi Global Markets, an economic free zone. With a mandate to encourage fintech, the No. 6 spot in CoinDesk’s Crypto Hubs 2023 keeps the lines of communications open between regulators and crypto institutions.

Abu Dhabi (Kamil Rogalinski/Unsplash)

Videos

Neil Tan: Hong Kong’s Crypto Push

Cryptocurrency firms are being driven to explore friendlier jurisdictions due to a challenging regulatory climate in the U.S., says Neil Tan, chairman of the FinTech Association of Hong Kong. The city’s strategic position as a gateway to China, combined with its robust access to capital, are strengthening its ambitions to become a leader in the virtual assets arena. However, Hong Kong faces stiff competition as it vies with Dubai and Singapore. In a Word on the Block interview with Forkast Editor-in-Chief Angie Lau, Tan explains why the comprehensive rules set by the city’s Securities and Futures Commission — including the facilitation of retail trading while ensuring investor protection — have become key attractions for these firms.

Word on the Block