Cryptocurrency Analysis and News Portal
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Major global cryptocurrency exchange FTX is receiving a virtual asset exchange (VAX) license in Dubai, and is expanding its operations in the United Arab Emirates. The VAX
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Major global cryptocurrency exchange FTX is expanding operations in the United Arab Emirates by receiving a virtual asset license in Dubai.The license is apparently granted under a new cryptocurrency law adopted last week in Dubai, with Dubai Virtual Asset Regulatory Authority (VARA) becoming a major crypto regulator in the Emirate’s
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Crypto exchange Binance will provide fully regulated services to its first country in the Middle East thanks to a license granted by Bahrain’s central bank.Bahrain was able to issue the license through the Cooperation Council for the Arab States of the Gulf (GCC). The world’s largest exchange and CEO Changpeng
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The oil-rich kingdom has been making moves to strengthen its domestic crypto industry. Original Source
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Electronic money, or e-money, is broadly defined as an electronic store of monetary value used for making payments to entities other than the e-money issuer. As a standardized means of payment, it’s been around for over a decade, enshrined in European Union directives and regulated by central banks. Original Source
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The Bank of Spain, the central bank of the country, has recognized the first cryptocurrency platform that will be able to operate and provide officially approved services in the country. The first exchange to receive this approval was Bit2me, which is now approved to act as a virtual asset service
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The United Arab Emirates is reportedly planning to issue a federal crypto license for virtual asset service providers (VASPs) by the end of the first quarter.The Securities and Commodities Authority (SCA) in UAE is reportedly in the final stages of finalizing the legislation that would allow digital asset firms to
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