Dubai
Former FTX, Alameda Executives to Start New Crypto Exchange: WSJ
Former FTX general counsel Can Sun, who was a key witness in the Sam Bankman-Fried trial, and former Alameda Research software developer Armani Ferrante are building a Dubai-based exchange called Backpack Exchange.
Standard Chartered, SBI Holdings Establishing $100M Investment Firm Targeting Crypto Startups
SC Ventures and SBI Holdings' Digital Asset Joint Venture investment company will be established in UAE and focus on firms in market infrastructure, risk and compliance, DeFi and tokenization
XRP Climbs 14% This Week as Several Institutions Adopt Ripple’s Services
XRP has risen about 14% in the past week, as bitcoin and ether hold steady. Bulls may have reacted to two positive developments for payments firm Ripple, as the company recently won key approvals to operate and offer services in Georgia and Dubai. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
U.S. Crypto Regulatory Fog Keeps Standard Chartered Rooted in UAE, Asia
Standard Chartered chose Dubai as its base for launching crypto services. Reading between the lines, the message coming from banks and large institutions is that almost anywhere is preferable to the U.S.
India’s G20 Presidency, Blockchain Week Outlook
Host Angie Lau breaks down the crypto presence at India's G20 summit as global leaders discuss establishing a regulatory framework for digital assets. Plus, an outlook on the upcoming blockchain discussions in Singapore, Philippines and Dubai. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."
Komainu Exec on Winning Operating License in Dubai, Global Crypto Regulation Outlook
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.
Nomura-Backed Crypto Custody Firm Komainu Wins Operating License in Dubai
The company can now offer its full range of digital asset custody services to clients in the emirate, including institutional staking and collateral management.
3AC Founders' OPNX Fined $2.7M by Dubai Crypto Regulator
The exchange co-founded by Kyle Davies, Su Zhu and Mark Lamb was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in May.
FTX Wants Dubai Unit Removed From U.S. Bankruptcy Proceedings
Liquidating FTX Dubai under UAE law would make way for the timely distribution of any outstanding liabilities, the bankrupt estate argued in court filings.
Nomura’s Crypto Arm Gains Operating License Approval in Dubai
Laser Digital will start its trading and asset management business in the coming months.
