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Retail FX
CFI Financial Group Expands Presence in the UAE: Unveils New SCA-Regulated Office in Dubai
2024-01-15T16:35:34.190+02:00
This development followed the company’s recent acquisition of a Category One license in the region.
The expansion is part of CFI Financial Group's expansion in the MENA region.
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Thought Leaders
Dubai: Are You Equipped to Leverage The Center of the Multi-Asset Universe?
2024-01-09T11:36:46.153+02:00
The biggest challenges are also perhaps the biggest opportunities.
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CryptoCurrency
CoinMENA FZE Secures VASP License for VA Broker-Dealer Services in Dubai
2023-12-12T14:26:35.689+02:00
Based in Bahrain, the firm holds a license from the Central Bank of Bahrain as a crypto service provider.
In November, six entities secured a VARA license for crypto operations in Dubai.
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CryptoCurrency
Fasset Becomes Sixth Crypto Firm to Secure Dubai VARA License in November
2023-11-30T11:16:52.090+02:00
The company secures Dubai's VARA license, expanding broker-dealer services.
Fasset is another crypto company to achieve this regulatory goal this month.
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Retail FX
CFI Strengthens Middle East Presence with Second UAE License
2023-11-24T12:48:17.792+02:00
The license positions the firm for expansion in the Middle East and wider MENA region.
Earlier, the firm inked a one-year sponsorship deal with English football club Sheffield United.
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CryptoCurrency
GCEX Cements Dubai Presence: Gains VARA’s Digital Asset License
2023-11-20T11:01:34.533+02:00
The group company is regulated in the UK and Denmark.
It established the Dubai office in mid-2022.
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CryptoCurrency
HEX Trust Enters Middle East: Gains the Dubai’s Crypto License
2023-11-15T08:58:48.209+02:00
The company earlier obtained a crypto license in France.
Many crypto companies are setting up bases in Dubai.
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News
Crypto.com's Middle-East Presence Solidifies with Dubai Crypto Licence
2023-11-14T13:07:50.457+02:00
The license enables the firm to offer regulated services upon meeting specified conditions.
Previously, the firm obtained VASP registration from the Bank of Spain.
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CryptoCurrency
Ripple Achieves Key Regulatory Milestone in Dubai: XRP Approved under New Crypto Regime
2023-11-03T15:19:43.458+02:00
XRP is among the first cryptocurrencies to be approved by the DFSA.
Licensed firms in Dubai can integrate the token into their services.
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CryptoCurrency
UAE's Crypto Landscape Thrives as 59% Embrace Long-Term View: KuCoin Survey
2023-10-31T15:27:57.839+02:00
Dubai's crypto sector is booming, with diverse motivations driving adoption.
Challenges include market volatility, trust, and the need for education.
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Retail FX
Why the Middle East Could Be Crypto's Next Goldmine
2023-08-28T13:45:27.683+02:00
Binance and others shift focus to UAE amid regulatory challenges in the US.
The region is positioning itself as a global cryptocurrency hub.
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Retail FX
FxPro Relocates to Dubai in MENA Market Dash
2023-08-24T20:26:40.180+02:00
Recently, Moneta Markets and Plus500 got licensed in Dubai.
Zenfinix, TrioMarkets and Scope Markets have also strengthened their MENA teams.
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CryptoCurrency
Dubai’s VARA Unleashes Crypto Staking through Custody Services
2023-08-24T10:20:52.397+02:00
VARA has updated its rulebook, allowing staking from custody services in Dubai.
The step boosts the Emirate's attractiveness as a new global crypto hub.
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CryptoCurrency
Dubai's Crypto Surge: Komainu Bags License after Binance's Entry
2023-08-22T09:53:17.797+02:00
Another crypto company secures an operational license from Dubai.
Emirate attracts business amid global regulatory uncertainty.
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CryptoCurrency
Laser Digital Joins ATFX and CMC Markets in Dubai Crypto Push, Gains VASP License
2023-08-01T10:56:42.382+02:00
Nomura's Laser Digital is another company that joins Dubai's crypto landscape.
The firm is set to launch its Trading and AM businesses in the next few months.
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CryptoCurrency
Binance Secures Operational License in Dubai despite Global Woes
2023-07-31T09:11:12.758+02:00
Binance FZE has gained an operational license from Dubai's VARA.
The new license allows the company to offer exchange and broker-dealer services.
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CryptoCurrency
After 5 Years of Effort Rain Joins Growing Crypto Market in the Middle East
2023-07-26T10:30:10.063+02:00
The company has been applying for a license in Abu Dhabi since 2018.
After half a decade, it finally joined the companies licensed in the Middle East.
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CryptoCurrency
Bitget Joins ByBit and OKX in Newest Dubai Crypto Push, Opens Local Office
2023-07-20T12:00:00.000+02:00
Bitget extends its global reach to the Middle East, targeting UAE and Bahrain.
The company plans to hire 60 employees for the Middle East expansion.
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Retail FX
Moneta Markets Enters Dubai with Its Ongoing Expansion Drive
2023-07-19T09:28:19.921+02:00
The broker obtained a Mainland Company License in Dubai.
It is now moving to strengthen the Dubai team.
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CryptoCurrency
BitOasis’ License Suspended in Dubai Over Non-compliance Allegations
2023-07-11T10:51:27.234+02:00
BitOasis offered broker-dealer services in the region.
The company received an MVP license in April.
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CryptoCurrency
Bybit Secures Authorization in Dubai amid Regulatory Reshuffle
2023-06-28T11:58:25.524+02:00
This week, the exchange was licensed by CySEC and VARA.
However, the UAE's license is 'very restricted'.
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Binance Mulls Over Middle East Focus amid Regulatory Pressure in the West
2023-06-26T12:58:06.359+02:00
According to Binance Dubai, the region offers a clear framework for crypto firms.
In the meantime, the company is downsizing its European operations.
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Brokers
FxPro Unveils New Dubai Office amid Regional Expansion
2023-06-20T18:35:52.912+02:00
The office is located at Office 101, Building 2, BaySquare, Downtown Dubai.
It unveiled the details days after the broker launched crypto CFDs for cTrader accounts.
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OKX Receives License for Operations in Dubai, Plans Expansion
2023-06-15T13:19:31.427+02:00
OKX acquires MVP Preparatory license from Dubai's VARA.
The company intends to enhance its regional presence by increasing its Dubai staff to 30.
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CryptoCurrency
Cryptocurrency Service Providers Licensing Begins in UAE
2023-04-19T12:38:14.363+02:00
SCA opens licensing for virtual asset service providers.
UAE-based VASPs must comply with SCA rulings and submit license applications.
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