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Ras Al Khaimah’s recently announced free zone for virtual asset firms will explore accepting crypto payments from companies looking into setting up their businesses in the emirate, a lawyer involved in the hub’s development said.Dubai-based crypto lawyer Irina Heaver told Cryptox that once the Ras Al Khaimah Digital Assets Oasis
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The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensure global governance when it comes to cryptocurrencies and crypto companies.” Crypto to Play a Major Role in
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The United Arab Emirates virtual assets regulator has said no crypto entity has been granted the full market product (FMP) license. According to the country’s minister of state for artificial intelligence and the digital economy, Omar Sultan Al Olama, no crypto entity has been “able to onboard any customers even
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Crypto will play a “major role” in the United Arab Emirates' global trade moving forward, says the UAE’s minister of state for foreign trade Thani Al-Zeyoudi. Speaking with Bloomberg on Jan. 20 in Davos Switzerland — where world leaders are currently gathered for the 2023 World Economic Forum — Al-Zeyoudi
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Place/Date: Dubai, The UAE - January 16th, 2023 at 5:20 pm UTC · 2 min read Contact: Agora, Source: Global Blockchain Congress Agora is hosting its 11th Edition of the Global Blockchain Congress on March 6 and 7, 2023 in Dubai, The UAE.The theme of this edition is:
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press release PRESS RELEASE. Sheikh Hamad Rakadh Salem Hamad Alameri, a well-known Sovereign Wealth Fund (SWF) member of the Royal Family in Abu Dhabi, United Arab Emirates, has officially become a MaskEX shareholder following the signing of a Memorandum of Understanding (MOU) to develop a smart city in Dubai, United
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Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the world. This is the second arrest in the Gulf state of a high-ranking member of the pyramid announced in the
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Finiko was popular in Russia in 2020-2021, marketing itself as a crypto investment fund. The company, which had been conducting public events and openly advertising itself, operated as a multilevel marketing scheme, offering rewards for bringing in new users and targeting mostly women from 30 to 50 years old, according
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As the FTX debacle still creates waves in the crypto industry and beyond, the Dubai Virtual Assets Regulatory Authority (VARA) has suspended the license which allows FTX to make preparations to service the local market. In an announcement posted on its official website, VARA mentioned that it has revoked the approval
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A judicial authority established by the United Arab Emirates (UAE) Federal Decree has adopted blockchain technology to save time and costs related to the enforcement of commercial judgments.ADGM Courts, an authority that supports the financial regulator Abu Dhabi Global Markets (ADGM), has implemented blockchain technology to help save significant time
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