NFTs
Emirates airline launches NFT as it flies into the Metaverse
Emirates airline has revealed that it is going to convert its pavilion at the Expo 2020 in Dubai into a Web3, NFTs, and Metaverse projects center.
Oluwapelumi Adejumo 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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FTX Europe became the first approved virtual asset exchange to offer complex crypto derivatives dedicated to professional institutional investors within the highly regarded international jurisdiction.
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Binance seeks to open shop in Dubai, strengthening its foothold in the Middle East
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Regulation
Dubai establishes watchdog to regulate virtual assets under first crypto law
The Emirate announced the enactment of The Dubai Virtual Asset Regulation Law, under which it will establish a new regulatory authority to oversee the virtual asset industry, which includes crypto and NFTs.
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Binance is embracing regulation as it eyes UAE for its next global hub
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Partnerships
Binance agrees to help Dubai develop ‘progressive virtual asset regulations’
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Regulation
Dubai World Trade Centre is becoming a crypto hub, will rollout a new “world-class regulatory framework”
With the new initiative, the United Arab Emirates (UAE) continue ranking high on the list of crypto-friendly jurisdictions.
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$200 million ‘Bitcoin Fund’ receives approval for listing on Nasdaq Dubai
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Ripple helps establish payments corridor between Egypt and UAE
Adoption
