Dubai

Komainu, the cryptocurrency custody joint venture of Nomura, Ledger and CoinShares, has received an operating license from the Virtual Asset Regulatory Authority (VARA) in Dubai. Komainu Head of Strategy Sebastian Widman discusses what this means for crypto in Dubai, institutional adoption, and the state of global crypto regulation.

2023년 9월 1일

Cryptocurrency firms are being driven to explore friendlier jurisdictions due to a challenging regulatory climate in the U.S., says Neil Tan, chairman of the FinTech Association of Hong Kong. The city’s strategic position as a gateway to China, combined with its robust access to capital, are strengthening its ambitions to become a leader in the virtual assets arena. However, Hong Kong faces stiff competition as it vies with Dubai and Singapore. In a Word on the Block interview with Forkast Editor-in-Chief Angie Lau, Tan explains why the comprehensive rules set by the city’s Securities and Futures Commission — including the facilitation of retail trading while ensuring investor protection — have become key attractions for these firms.

2023년 6월 20일

Ripple is announcing plans to expand into Dubai. Navin Gupta, Ripple's Managing Director of South Asia and MENA, discusses how crypto regulation in the UAE impacted its decision. Plus, he compares the U.S. regulatory environment to the UAE, saying, "it's night and day."

2023년 5월 9일

Ripple has announced plans to expand its presence in Dubai. This comes as CEO Brad Garlinghouse reportedly says the firm's legal battle against the SEC is set to cost around $200 million. Ripple's Managing Director of South Asia and MENA, Navin Gupta, discusses the blockchain company's expansion into the Middle East and North Africa region.

2023년 5월 9일

According to an official notice, OPNX has been formally reprimanded by Dubai's crypto regulator for operating an unregulated exchange. CoinDesk's Jack Schickler discusses what the April 18th notice means for the bankruptcy claims exchange set up by the founders of collapsed hedge fund Three Arrows Capital (3AC).

2023년 5월 2일

Binance CEO Changpeng "CZ" Zhao is shedding new insights on the crypto exchange's presence in the Middle East and North Africa, commonly referred to as "MENA," after a recent AMA about the region. Binance MENA General Manager Alex Chehade discusses his outlook for crypto in Dubai and MENA at large, citing the benefits of the "progressive regulatory framework" in the region. 

2023년 4월 11일

Dubai's crypto industry recently unveiled its crypto regulatory framework, giving locals a concrete licensing regime for digital asset issuers and service providers. The Crypto Lawyer, Irina Heaver, based in Dubai and Switzerland, discusses the state of crypto regulation in Dubai and why she thinks it is poised to become the "crypto capital of the world."

2023년 4월 6일

Dubai's crypto industry recently unveiled its crypto regulatory framework, giving locals a concrete licensing regime for digital asset issuers and service providers. The Crypto Lawyer Irina Heaver, based in Switzerland and Dubai, discusses the state of crypto in Dubai, explaining why the region is a "crypto capital of the world."

2023년 4월 6일

U.S. prosecutors are considering criminal charges against crypto exchange Binance and individual executives, including founder and CEO Changpeng Zhao, Reuters reports. Do Kwon, wanted internationally in connection with Terra's collapse, has moved to Serbia through Dubai, according to CoinDesk Korea. And Bloomberg reports that at least $73 million of political donations tied to Sam Bankman-Fried’s FTX may be at risk of being clawed back.

2022년 12월 12일

A Goldman Sachs strategist wrote a peak in the U.S. dollar "feels several quarters away," which could be bad news for bitcoin (BTC). Bitcoin miners Core Scientific (CORZ) and Argo Blockchain (ARBK) were downgraded by Wall Street investment bank DA Davison due to bear market woes. Terraform Labs co-founder Do Kwon is rumored to have left Singapore for Dubai, according to Bloomberg.

2022년 10월 21일