Standard Chartered has officially launched its digital asset custody service in the UAE, according to an announcement from the bank. The service has been licensed by the Dubai Financial Services Authority (DFSA) within the…
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The United Arab Emirates (UAE) is gradually solidifying its status as a go-to Bitcoin (BTC) mining destination in the Middle East. The country has established itself as a pro-Web3 destination for crypto-focused companies…
The Winklevoss-led crypto exchange Gemini announced it has started the process of acquiring a crypto license to serve customers based in the United Arab Emirates (UAE). As part of its global expansion plans,…
The central banks of Hong Kong and the United Arab Emirates have announced plans to strengthen their financial cooperation—and work together on regulating virtual assets. A bilateral meeting was held in Abu Dhabi,…
America’s largest cryptocurrency exchange Coinbase is considering the United Arab Emirates (UAE) as a potential strategic hub for its international operations. In a Monday blog post, Coinbase’s vice president for international and business…
The United Arab Emirates (UAE) continues to implement strategies toward the digital assets economy. The latest move by Ras Al Khaimah creates a dedicated crypto-friendly free zone for global companies. Ras Al Khaimah,…
On January 15th, 2023, a new regulation for virtual assets and virtual asset service providers will come into effect in the United Arab Emirates (UAE), adding an additional layer of oversight to the…
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CoinCorner, a global leader in Bitcoin and Lightning Network services, has partnered with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, to facilitate Bitcoin transactions in…