Dubai

Dubai

Finance

Crypto’s multimillion F1 sponsorship under fire as Middle East war hits region's biggest events

Other major business events across the UAE, such as Middle East Energy Dubai and the Dubai International Boat Show, have also been postponed or delayed.

War in the Middle East is forcing F1 to cancel races and crushing crypto’s biggest events (Getty Images)

Policy

Dubai crypto regulator says KuCoin exchange is operating without proper license and must stop

The VARA alert comes just a couple of weeks after Austria's financial regulator prohibited the European arm of KuCoin from conducting new business.

(Shutterstock)

Finance

Dubai takes next step to make real estate flips instant in $16 billion tokenization plan

Dubai Land Department and Ctrl Alt move to the next phase of real estate tokenization project, enabling the resale of property tokens.

Dubai UAE (Pexels, Pixabay)

Policy

Animoca Brands clears major regulatory hurdle with new Dubai license

Animoca said the license allows it to commence operations in Dubai, offering broker-dealer services and digital asset management and investments.

(Photo by ZQ Lee on Unsplash/Modified by CoinDesk)

Finance

Dubai Insurance offers a crypto wallet so you can pay premiums and collect claims in bitcoin

In partnership with Standard Chartered’s Zodia Custody, Dubai Insurance is the first insurer globally to issue a crypto wallet for its policy holders to transact with digital assets.

(Photo by ZQ Lee on Unsplash/Modified by CoinDesk)

Policy

Dubai bans privacy token use on exchanges, tightens stablecoin rules in crypto reset

Dubai's financial regulator said privacy-focused assets are incompatible with global compliance norms as it moves to a firm-led token suitability model and sharper stablecoin classifications.

Dubai UAE (Pexels, Pixabay)

Opinion

The UAE Isn’t Just Regulating Tokenization — It’s Building Its Economy Around It

As other jurisdictions stall in regulatory debate, the UAE is institutionalizing tokenization, moving it to the core of its economic infrastructure, according to MidChains CEO.

Dubai UAE (Pexels, Pixabay)

Web3

UAE’s Largest Fuel Retailer Will Accept Stablecoin in 980 Stations in Three Countries

A new deal with Al Maryah Community Bank brings stablecoin payments to the pumps, shops and car washes at ADNOC retailers in UAE, Saudi Arabia and Ethiopia.

Dubai UAE (Pexels, Pixabay)

Policy

Nomura-Backed Laser Digital Wins Regulatory Nod for Crypto Derivatives in Dubai

Laser Digital secured the first regulated over-the-counter crypto options limited license under VARA’s pilot framework.

Dubai skyline

Finance

UAE Lender RAKBANK Offers Retail Customers Crypto With Bitpanda

Customers can now buy, sell, and swap crypto via RAKBANK’s app through Bitpanda’s regulated platform.

UAE coins money