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CryptoCurrency
Crypto.com Rolls Out Retail Services in over 90 Countries with Standard Chartered
2024-08-29T17:15:44.835+02:00
Over 250 cryptos will be available for trading on the firm's retail platform.
The global retail crypto rollout will be coordinated from a regional hub in Dubai.
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CryptoCurrency
Dubai's Commodities Exchange and Bybit Enter Advisory Partnership Focused on Web3
2024-08-12T18:48:34.286+02:00
The crypto exchange will transition to the advisory role starting August 2024 through July 2025.
The partnership will feature the co-organization of a global hackathon to promote Web3 innovation and a flagship conference.
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Retail FX
Prop Firm Solution Drives Leverate's Push into Dubai, Latin America
2024-07-12T09:57:22.523+02:00
A few months ago, the company introduced white-label products for prop trading.
The technology provider also reported a 70% sales increase.
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CryptoCurrency
Binance's Regulatory Pivot: UAE Users to Migrate to VARA-Licensed Platform
2024-06-26T13:21:07.398+02:00
Exchange is transitioning UAE resident accounts to its locally regulated Binance FZE platform.
Users must update KYC information to maintain full account access.
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Retail FX
Leverate Joins the Dubai Dash: Opens a New Office
2024-05-22T08:50:02.550+02:00
The company will provide business development and sales support from the new office.
Dubai is the sixth location where Leverate now has a presence.
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CryptoCurrency
Binance Receives Full Operational Approval for Crypto Services in Dubai
2024-04-18T11:52:58.549+02:00
The approval has followed a prior Operational MVP license, enabling institutional services and crypto activities.
Changpeng Zhao was reportedly required to forfeit voting control as a condition of the license.
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CryptoCurrency
VARA’s CEO Proposes Cost-Sharing Model to Support Small Crypto Businesses
2024-04-11T12:40:13.561+02:00
As proposed, crypto giants could aid smaller entities by sharing compliance costs.
In November 2023, UAE regulators outlined fines for unlicensed virtual asset service providers.
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CryptoCurrency
Deribit Secures Conditional Dubai VASP License, Names Luuk Strijers as CEO
2024-04-02T08:00:00.000+02:00
The firm is in the process of relocating its global headquarters to Dubai.
It targets institutional investors while serving retail clients via its Panama affiliate.
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CryptoCurrency
Nexo Secures Initial Approval to Offer Digital Asset Services in Dubai
2024-03-05T17:01:32.264+02:00
This authorization enables the company to provide various crypto services, including lending and borrowing.
This approval marks Nexo's entry into Dubai's digital asset space.
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Executives
Omar Khaled Takes On Global Head of Marketing Role at CFI Dubai
2024-03-04T16:47:23.950+02:00
Before his new role, he was the Marketing Director at MultiBank Group for over a year.
The firm previously secured a strategic partnership with PSG until June 2026.
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FinTech
DKK Partners Gets Green Light for Crypto in Dubai
2024-02-22T15:51:05.155+02:00
The FX company secures initial approval to offer virtual assets in the Middle East.
It wants to provide blockchain-based stablecoin solutions to local corporate clients.
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Retail FX
DHF Capital Partners with ZaraFX for Strategic Asset Management
2024-02-15T16:03:06.628+02:00
ZaraFX is set to trade CFDs with assets allocated by DHF Capital.
DHF Capital serves informed investors seeking diverse investment solutions.
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CryptoCurrency
Crypto In Dubai: Aquanow Gains VASP Registration from VARA
2024-02-13T09:28:51.685+02:00
It will allow the firm to offer broker-dealer, lending and borrowing, and management and investment services.
The company offers digital assets infrastructure to institutions.
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Retail FX
Doo Group Enters Middle East: Opens Dubai Office
2024-01-23T07:54:57.728+02:00
The team at the Dubai office will cater to the regional client base.
Apart from Dubai, it has 13 other offices globally.
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Retail FX
iFX EXPO Dubai 2024 Wraps Up: Roadmap for Aspiring Entrepreneurs in Brokerage Business
2024-01-18T16:54:22.918+02:00
This event brought together industry experts, executives, marketers, and traders in the FX industry.
The afternoon sessions centered on prop trading, liquidity dynamics, and cybersecurity.
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CryptoCurrency
B2B Prime Gains Initial Approval for Crypto License in Dubai
2024-01-17T14:13:47.690+02:00
The approval includes Virtual Asset Exchange, Broker Dealer, and Transfer Services.
Moving to be a complete VASP, operational approval and pre-operating conditions are to be met.
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CryptoCurrency
OKX Cements Middle East Presence: Secures Crypto License in Dubai
2024-01-16T09:15:44.659+02:00
The license will allow the platform to offer spot services and spot pairs to institutional and qualified retail customers.
It remains non-operational until the remaining conditions and local requirements are met.
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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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