Fri, November 8

Prominent Exchange Kraken Acquires License to Operate in Abu Dhabi

The Abu Dhabi Global Market recently awarded Kraken a license, making the Middle East a popular destination for crypto exchanges. Kraken claims to be the first global virtual asset exchange organization to have a full financial license from the ADGM in the United Arab Emirates. As a result, the Abu

April 26, 2022 1 min read

Binance Receives In-principle Approval From ADGM to Operate in Abu Dhabi

ADGM has performed a major role in regulating and supervising financial services. FTX has also been granted operating permits in Dubai. This is the third regulatory permission for Binance in the Middle East after Bahrain and Dubai, marking another achievement for the world’s largest crypto exchange by trading volume. Another

April 10, 2022 1 min read

Russian’s Bombard Between UAE and Switzerland to Liquidate Crypto & BTC

Russians look forward to liquidating digital assets. Most come up with BTC in their hands predominantly. Facilitates between UAE and Switzerland for liquidation. Weeks are on the pass and yet there seems to be no end for the ongoing raging war of Russia over Ukraine. It’s well known that all

March 11, 2022 2 mins read

UAE Plans to Issue First Nationwide Crypto-focused Regulations

The Dubai World Trade Centre (DWTC) was proclaimed a comprehensive zone. Binance signed an exclusive memorandum of understanding with the DWTC. Government crypto licenses for virtual asset service providers are likely to be issued in the United Arab Emirates by the end of the first quarter. Reports from Bloomberg indicate

February 17, 2022 1 min read

UAE Money Exchange Collaborates With RippleNet

Al Fardan, UAE money exchange partners with RippleNet. RippleNet provides blockchain services for Al Fardan.  International transfers are all to be done through RippleNet’s blockchain. Almost all sectors have incorporated blockchain and it’s services in either one way or the other. On such a basis one of the most highly

January 28, 2022 2 mins read