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Dubai regulator announces new regulations for investment tokens

The Dubai Financial Services Authority (DFSA) has established a regulatory framework for investment tokens as part of its efforts to stimulate the digital financial and technological environment while also meeting market players' demands and requirements.The DFSA is an independent regulatory body in Dubai that is in charge of monitoring and

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Crypto traders fight in WBS Dubai for Amir Khan’s charity boxing match

The World Blockchain Summit in Dubai hosted an exhibition boxing match between top cryptocurrency traders and influencers for the WBC Crypto Belt. The fights were supported by a charity event, featuring an auction of memorabilia including digital currency assets and nonfungible tokens (NFTs).What started off as a conversation for a

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BitOasis crypto exchange to help Dubai Police spread fraud awareness

BitOasis, a cryptocurrency exchange from the United Arab Emirates, has partnered with the Dubai Police Force to raise awareness about frauds related to crypto investment and trades.The exchange’s partnership with the Dubai Police is intended to help build regulations that will make crypto safe for investors in the region, BitOasis

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UAE regulators approve crypto trading in Dubai free zone

Financial regulators in the United Arab Emirates have reached an arrangement to officially allow and support cryptocurrency trading in an economic free zone in Dubai.The Dubai World Trade Centre Authority (DWTCA) announced Sept. 22 that it signed an agreement with the UAE’s Securities and Commodities Authority (SCA) to support the

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Bittrex Global CEO Declares Dubai Will Gain Benefit From Cryptocurrency Market Expansion

The UAE (United Arab Emirates) is moving to secure its presence within the digital asset sector. They have also applied various efforts to promote the adoption of blockchain-based technologies. According to Bittrex Global cryptocurrency exchange CEO Stephen Stonberg, Dubai and the United Arab Emirates are among the very friendly jurisdictions to

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Dubai to benefit from expanding crypto market, Bittrex Global CEO says

The United Arab Emirates (UAE) and Dubai are among the friendliest jurisdictions for the cryptocurrency industry, according to Stephen Stonberg, CEO of Bittrex Global crypto exchange.Dubai is likely to benefit from the expanding crypto market in the Middle East as local regulators increasingly accept blockchain-related technologies, Stonberg said in a Sunday

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DMCC strikes deal to build blockchain-based precious metals refinery in Dubai

Dubai Multi Commodities Centre — a free trade zone established by the Dubai Government — has signed a sale and purchase agreement with REIT Development to construct a 100,000 square foot precious metals refinery.According to a DMCC release on Wednesday, the precious metal refinery and storage facility will be the

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