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OKX Middle East had been offering certain products and services in the region since last July. Dubai’s Virtual Assets Regulatory Authority (VARA) has granted crypto exchange OKX a minimal viable product (MVP) preparatory license. This implies that the exchange is now cleared to fulfill all requirements to bag a full operational
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UAE to serve as strategic global and regional business hub, OKX to expand to 30 staff OKX, the second-largest crypto exchange by trading volume and a leading
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“For OKX, we have always blocked U.S. customers and so we are not active in the U.S.,” Byun said. “We will make a decision about the U.S., when and if to enter that market, in an appropriate and compliant manner. But we think that outside of the U.S. there are
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Italian developer, Salvatore Leggiero, unveils plans for the Bitcoin Tower, an hotel chain in Dubai that combines blockchain technology, artificial intelligence, and material sustainability. It will offer guests the opportunity to earn interest on their suite
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dubai’s Financial Services Authority (FSA) has called for more communication and collaboration between global financial regulators to make it harder for rogue actors to exploit crypto regulatory loopholes across various jurisdictions. As bitcoin (BTC) and other cryptocurrencies
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The United Arab Emirates may soon be the home of a hotel in shape of a bitcoin. The 40-story tower is set to be unveiled on May 24th, says the developer. The world’s first bitcoin tower
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The Bitcoin Tower will be a center that will host blockchain conferences and also promote AI and cryptocurrency initiatives. The upcoming COP28 Summit scheduled for Dubai has inspired the construction of a Bitcoin Tower, a Bitcoin-shaped and Bitcoin-themed hotel in the heart of the United Arab Emirates city. 40-story Monument to Bitcoin The
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Both parties look forward to partnering on opportunities that support their visions and promote a thriving digital asset ecosystem. Banking corporation Standard Chartered plans to launch digital asset custody services in the Dubai International Financial Centre (DIFC). While the plans are still subject to regulatory approval, Standard Chartered said the new digital asset
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Ripple is opening an office in the heart of Dubai International Financial Centre (DIFC) and acquiring Swell Global 2023. Ripple, one of the most popular cryptocurrency firms, has announced its expansion in other countries. The company is all set to expand to Dubai, according to Chief Executive Officer Brad Garlinghouse. Garlinghouse
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Garlinghouse expects the Judge to issue a summary ruling on the SEC vs Ripple case before the end of this year. The SEC vs Ripple Labs lawsuit is slated to be one of the largest legal fights for blockchain and cryptocurrency development in the United States for the next decades. Already,
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