Mining
Marathon, Zero Two to launch sustainable mining operation in Abu Dhabi
The operation will have a total energy capacity of 250 MW and a hashrate of 7 EH/s.
Mike Dalton 2 min read 
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VARA and ADGM policy, exchange licensing, tokenization, and the UAE’s rise as a Web3 hub.
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Mike Dalton 2 min read 
Regulation
Ripple pegs SEC lawsuit costs at $200M; plans Dubai expansion
CEO Brad Garlinghouse commented on his firm's attempts to find favorable regulation.
Exchanges
Coinbase is considering UAE for its international hub
Coinbase CEO Brian Armstrong praised United Arab Emirate's (UAE) progressive regulatory efforts in the crypto space.
More UAE Crypto News & Analysis
Exchanges
Dubai authorities sent written reprimand to OPNX Exchange founders
The reprimand was sent to five people, including founders of defunct hedge fund Three Arrows Capital and OPNX, Kyle Davies and Su Zhu.
Regulation
UAE to create exclusive free zone for digital, virtual asset companies
The Emirate of Ras Al Khaimah will establish a specialized economic 'free zone' for companies dealing with digital and virtual assets.
Adoption
Former Binance executive aims to raise $100M to start crypto adoption focused VC
Bill Qian told Bloomberg he hopes Cypher Capital will focus on nurturing crypto startups across web3 and internet of things.
Regulation
Dubai bars issuance of privacy coins, details other crypto regulations
Dubai's virtual assets watchdog said any crypto company looking to set up in the region must secure licensing before it can begin operation.
Exchanges
Kraken closes Abu Dhabi’s office, sacks 8 staff
Kraken discharged eight members of its MENA team, keeping the managing director Benjamin Ampen to oversee the transition in the region.
Regulation
Op-ed: The web3 regulatory landscape in the UAE
The ultimate guide for web3 entrepreneurs and investors.
Latest UAE Crypto News Headlines
NFTs
NFT industry in Africa and Middle-East poised for rapid growth
CBDCs
Hong Kong Monetary Authority announces success and key findings from CBDC project, mBridge
Adoption
Busan collaborates with Crypto.com and Gate.io to advance blockchain aspirations
Adoption
