Thu, November 21

Deribit Secures VASP License in Dubai, Moves HQ to the Region

Deribit, a global leader in cryptocurrency options and futures, is moving its operations to Dubai after a fresh green light from the region’s regulators. The Deribit group’s Dubai subsidiary, Deribit FZE, was declared by Deribit on April 2 as having obtained a VASP license from the Virtual Asset Regulatory Authority

April 3, 2024 1 min read

Nexo Secures Initial Approval for Digital Asset Services Expansion in Dubai

The Virtual Assets Regulatory Authority (VARA) in Dubai has granted initial approval to Nexo, a digital asset service provider. Nexo DTC, Nexo’s regional organization, has reached a major milestone in its pursuit of complete licensure for a number of activities, including Broker-Dealer operations, Lending & Borrowing, and Management & Investment.

March 6, 2024 2 mins read

First Round of Speakers for TOKEN2049 Dubai Revealed

TOKEN2049, the leading global Web3 and crypto conference series, has unveiled the initial speaker lineup for its inaugural Dubai edition, which will be taking place from 18-19 April 2024.  The first round of the event’s speaker lineup has been made public. The list includes Paolo Ardoino, CEO of Tether; Sandeep

January 18, 2024 3 mins read

Bahrain-based CoinMENA Secures VASP License by Dubai’s VARA

CoinMENA, a cryptocurrency exchange based in Bahrain, has been granted a virtual asset service provider (VASP) license by the Virtual Assets Regulatory Authority (VARA) of Dubai. This allows them to do business and provide services inside the Emirates. According to the statement made on December 12, CoinMENA FZE, a Dubai

December 13, 2023 1 min read

Enjinstarter’s AYA Platform Secures Conditional Crypto License in Dubai

In order to provide crypto asset and investment services, Enjinstarter’s AYA platform was awarded a conditional license by Dubai’s Virtual Assets Regulatory Authority (VARA). Web3 Launchpad and Advisory Firm Enjinstarter’s Dubai arm acquired a crypto license on December 11; nevertheless, they still need to meet several requirements before they can

December 12, 2023 1 min read

Nine Blocks Secures Crypto License from Dubai’s VARA

The crypto hedge fund Nine Blocks Capital Management claims to be the first to get a license from Dubai’s Virtual Assets Regulatory Authority (VARA). On Monday, the hedge fund also announced that it will be relocating its worldwide headquarters to Dubai. Nine Blocks co-founder Henri Arslanian stated: “I think what’s

November 27, 2023 1 min read

Dubai’s VARA Undergoes Leadership Change as CEO Steps Down

It was recently revealed that Henson Orser will be leaving his post as CEO of Dubai’s Virtual Asset Regulatory Authority (VARA). Meanwhile, VARA consultant and PwC partner Mathew White will be taking over as CEO. In a statement, VARA reportedly confirmed Henson Orser’s departure and stated their selection of Matthew

November 16, 2023 2 mins read