Regulation
Dubai’s virtual assets regulator suspends critical license for crypto exchange BitOasis citing regulatory non-compliance
Regulators have published a market alert concerning the exchange's MVP license.
Mike Dalton 2 min read
UAE Crypto News
VARA and ADGM policy, exchange licensing, tokenization, and the UAE’s rise as a Web3 hub.
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Top UAE Stories
Analysis
Global regulatory developments are literally reshaping the crypto world
Governments across the globe are catching up cryptocurrency innovation as they work to establish regulations that will shape the industry's physical and geographical presence.
Regulation
Asia is a ‘huge area of focus’ for Circle, especially Hong Kong: CEO Jeremy Allaire
Allaire said that the developments in Hong Kong might reflect how the crypto market grows in Greater China.
Latest UAE Crypto News & Analysis
Mining
Marathon, Zero Two to launch sustainable mining operation in Abu Dhabi
The operation will have a total energy capacity of 250 MW and a hashrate of 7 EH/s.
Regulation
Ripple pegs SEC lawsuit costs at $200M; plans Dubai expansion
CEO Brad Garlinghouse commented on his firm's attempts to find favorable regulation.
Exchanges
Coinbase is considering UAE for its international hub
Coinbase CEO Brian Armstrong praised United Arab Emirate's (UAE) progressive regulatory efforts in the crypto space.
Exchanges
Dubai authorities sent written reprimand to OPNX Exchange founders
The reprimand was sent to five people, including founders of defunct hedge fund Three Arrows Capital and OPNX, Kyle Davies and Su Zhu.
Regulation
UAE to create exclusive free zone for digital, virtual asset companies
The Emirate of Ras Al Khaimah will establish a specialized economic 'free zone' for companies dealing with digital and virtual assets.
Adoption
Former Binance executive aims to raise $100M to start crypto adoption focused VC
Bill Qian told Bloomberg he hopes Cypher Capital will focus on nurturing crypto startups across web3 and internet of things.
