Fun

News Feed - 2023-11-14 02:11:23

Tom Mitchelhill3 hours agoCrypto.com granted Dubai crypto licenseThe license is pending operational approval and allows Crypto.com’s Dubai entity to offer exchange, broker-dealer, and lending and borrowing services.1231 Total views14 Total sharesListen to article 0:00NewsJoin us on social networksCrypto exchange Crypto.com’s Dubai entity was granted a Virtual Assets Service Provider (VASP) license by the city’s regulator, pending operational approval.


In a Nov. 14 press release, Crypto.com said that once fully approved by Dubai’s Virtual Assets Regulatory Authority (VARA), its local business CRO DAX Middle East FZE can offer retail and institutional investors exchange, broker-dealer, and lending and borrowing services.https://t.co/vCNztATkNg is proud to announce that we have been granted a Virtual Asset Service Provider Licence from Dubai"s Virtual Assets Regulatory Authority, building on our position in the #UAE market.

Learn more:https://t.co/0anXDLsxTv pic.twitter.com/EcgXCGEkMm— Crypto.com (@cryptocom) November 14, 2023


Crypto.com CEO Kris Marszalek said in a statement that it looks forward to working with regulators to contribute to Dubai’s crypto industry and said the city is a “leading market when designing effective regulation.”


In March 2022, the exchange pinned Dubai as its Middle East and North Africa hub. It received a provisional license from VARA in June 2022, followed by a minimal viable product (MVP) preparatory license in March this year.


Related: Standard Chartered’s venture arm to set up crypto fund in UAE


With United States regulators taking action against crypto firms, Dubai has become a sought-after destination for crypto businesses seeking legal clarity — with many firms eyeing the crypto-friendly jurisdiction as an emerging digital assets hub in the Middle East. 


Binance Dubai General Manager Alex Chehad said that unlike the U.S., Dubai and the United Arab Emirates have provided a clear regulatory framework for crypto firms to follow, which made it easier for large companies like Binance to establish permanent headquarters in the region. 


Magazine: Exclusive — 2 years after John McAfee’s death, widow Janice is broke and needs answers# Cryptocurrencies# Business# Adoption# Cryptocurrency Exchange# Dubai# RegulationAdd reactionAdd reactionRead more3 theses that will drive Ethereum and Bitcoin in the next bull marketHistory tells us we’re in for a strong bull market with a hard landingAustralian Treasury proposes to regulate crypto exchanges, not tokens

News Feed
Ethereum price hits resistance at $3K, but data currently favors ETH bulls
Marcel Pechman3 hours agoEthereum price hits resistance at $3K, but data currently favors ETH bullsEthereum price struggles at the $3,000 level, but data hints at a resumption of the bull trend.1778 Total views64 Total s
2024-02-23 05:46 AM
dYdX v3 compromised in an apparent DNS attack
Christopher Roark6 hours agodYdX v3 compromised in an apparent DNS attackAn attacker appears to have installed a token-draining program on the official domain for dYdX version 3.0.853 Total views2 Total sharesListen to a
2024-07-24 02:20 AM
The Central Bank of Colombia Is Studying the Creation of a Digital Currency
The Central Bank of Colombia Is Studying the Creation of a Digital Currency The Central Bank of Colombia is studying the launch of a digital currency, according to statements made
2022-08-20 19:30 PM
Helen Partz12 hours agoSingapore plans joint crypto pilots with Japan, Switzerland and UKSingapore’s central bank and financial regulator is seeking closer cross-border collaboration for its asset tokenization project.
2023-10-30 20:24 PM
EU markets will pave the way for first Ether staking ETF: dYdX CEO
Zoltan Vardai10 hours agoEU markets will pave the way for first Ether staking ETF: dYdX CEOWhile the US markets are not yet prepared for an Ether staking ETF, the European markets might lead the way by introducing the fi
2024-07-19 22:43 PM
Wendy McElroy: Crypto is Banking for Anarchists and Average People
Wendy McElroy: Crypto is Banking for Anarchists and Average People “What I love about Bitcoin is that instead of some rich old guy on Wall Street, young poor people are the
2020-02-10 11:50 AM
Gareth Jenkinson15 hours agoMultiversX launches on-chain two-factor authentication standardBlockchain protocol MultiversX has implemented a novel two-factor authentication mechanism to add additional security to its netw
2023-07-14 18:00 PM
Join Bityard’s YouTube Recruitment Competition – Win 38888 XRP
Join Bityard’s YouTube Recruitment Competition – Win 38888 XRP The new Bitcoin and cryptocurrency contracts exchange Bityard launched in early April 2020. To better spread the w
2020-04-20 21:15 PM
Bitcoin price still in ‘prime buy zone’ even with rally to $65K
Nancy Lubale6 hours agoBitcoin price still in ‘prime buy zone’ even with rally to $65KAnalysts say Bitcoin price remains in an optimal buy zone even after BTC rallied to $65,500 on May 6.1852 Total views5 Total share
2024-05-07 02:28 AM
Grayscale Investments Clears Out XRP in Its Digital Large Cap Fund
Grayscale Investments Clears Out XRP in Its Digital Large Cap Fund Grayscale has sold all of its XRP holdings to purchase bitcoin, ether, and other crypto assets
2021-01-06 15:30 PM
New Ethereum PoW Fork Gathers 60 Terahash From Well Known Pools, ETHW’s Price Shudders 39% in 24 Hours
New Ethereum PoW Fork Gathers 60 Terahash From Well Known Pools, ETHW’s Price Shudders 39% in 24 Hours Following Ethereum’s transition from proof-of-work (PoW) to proof-of
2022-09-17 03:30 AM
China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports
China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports Anhui has reportedly become China’s latest region planni
2021-07-15 01:00 AM