Places UAE

The Emirate of Ras Al Khaimah will establish a specialized economic 'free zone' for companies dealing with digital and virtual assets.

Bill Qian told Bloomberg he hopes Cypher Capital will focus on nurturing crypto startups across web3 and internet of things.

Dubai's virtual assets watchdog said any crypto company looking to set up in the region must secure licensing before it can begin operation.

Kraken discharged eight members of its MENA team, keeping the managing director Benjamin Ampen to oversee the transition in the region.

The ultimate guide for web3 entrepreneurs and investors.

NFT technology adoption and blockchain gaming reported to be on the rise in African and Middle-East markets with significant growth expected up to 2028.

Hong Kong Monetary Authority published a report to announce its CBDC project, mBridge's key accomplishments, use cases, and areas of improvement.

As part of Busan's numerous efforts to embrace blockchain, the city has signed a business agreement with crypto exchanges, Crypto.com and Gate.io.

Microsoft Cloud UAE COO Ihsan Anabtawi revealed the company's plans and products in development for supporting companies in the metaverse.

Arbitrium's Offchain Labs acquires leading Ethereum client, 21Shares launches its spot BTC ETP in Dubai, and much more in this edition of CryptoSlate Wrapped Daily.

21Shares latest Bitcoin ETP adds to the company's growing list of 46 ETP products listed across 12 exchanges in seven countries.

Sweden's Riksbank teamed up with BIS, along with the central banks of Israel and Norway to test the use of Sweden's CBDC "e-krona", results will be published in a report by the first quarter of 2023.

German residents are not required to pay capital gains tax on crypto assets held for over a year.

Binance and Virtuezone's partnership will help reduce payment barriers startups face when working to set up their businesses in the UAE.

The new rules requires all real estate agents, brokers, and law firms to report all property transactions involving virtual assets.

Exchange platform BitOasis joined the firing trend in the crypto space and laid off 9 employees to handle current market conditions.

Ashish Mehta of Ashish Mehta & Associates claims Dubai and the UAEs regulatory and compliance framework encouraged his law firm to accept crypto payments.

Kraken has become the latest crypto exchange to secure regulatory approval for a regional HQ in the UAE.