According to CEO Brad Garlinghouse, Ripple will specifically expand to the city of Dubai. This news was also shared by Garlinghouse during today’s Dubai Fintech Summit as the major crypto solution provider has revealed plans for growth. Middle Eastern consumers and regulations were two of the main considerations cited by
United Arab Emirates (UAE) country has again impressed a well-known crypto market person. Coinbase’s CEO, Brian Armstrong, made a positive remark about the nation’s crypto growth potential. Something Big is coming 🚀🚀🚀#Coinbase in Dubai ❤️😀 https://t.co/qtaFWMzgpU — Rohit M (@rohitcryptogeek) May 8, 2023 In his tweet, Brian mentions the UAE
According to a recent statement posted to its website, the regulator has taken the unusual step of issuing a formal reprimand to OPNX, an entity launched out of the crypto trading platform Coinflex, which has links to both Davies and Zhu. “VARA became aware of OPNX soliciting, and collecting personal
The professional crypto derivative exchange Bitunix announced a $10 million investment from Dubai investors. On last week, officials of the crypto derivative exchange announced established Dubai office to compliance capture the global crypto market. Owing to the open, friendly, and relaxed cryptocurrency environment given by the government, Dubai has developed
Crypto exchange Bybit confirmed the opening of its global headquarters in Dubai — the most crypto-friendly hub in the United Arab Emirates (UAE). On Monday, the crypto entity debuted its “new home” after receiving in-principal approval from Virtual Assets Regulatory Authority (VARA) last March for operating in this emirate. Bybit
World Blockchain Summit (WBS) is the world’s longest-running blockchain, crypto, and Web 3.0-focused summit series. Since its inception in 2017, it had more than 20 editions in 11 countries and strives to create the ultimate networking and deal flow platform for the Web 3.0 ecosystem. Each edition brings together global
LBank, a top cryptocurrency exchange, had a busy schedule in Dubai recently as they participated in several important events in the city. From March 8th to 9th, the LBank team attended the highly anticipated EXPO event, where they had the opportunity to meet and network with users, showcase their platform,
Crypto 306 is set to organize its annual event to assemble the global crypto community under one roof. This year, the event will be held on the 8 & 9th of May at The Ritz-Carlton Hotel, Dubai, and will focus on increasing awareness about crypto projects by bringing together traditional
Enya Labs, a prominent developer of decentralized infrastructure solutions and a key contributor to Boba Network, the only hybrid blockchain that provides off-chain data and computing, enabling smarter applications, is delighted to announce that it has joined forces with the DMCC, the premier free zone in the world, and the
Crypto.com, an exchange has officially declared its reception of Dubai’s VARA Minimum Viable Product (MVP) Preparatory License. Virtual Assets Regulatory Authority (VARA) is the ultimate regulation for virtual assets in the Dubai zone. The spaces include Special Development Zones and Free Zones but exclude the Dubai International Financial Centre. Proud
