Dubai

Crypto

Dubai’s VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official

During a recent event, industry expert John McHugh shared his thoughts on the future of the cryptocurrency ecosystem. According to…

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Crypto

Dubai's VARA Fines, Issues Cease-and-Desist Orders Against 7 Crypto Entities

The Virtual Assets Regulatory Authority (VARA) in Dubai has taken action against seven entities for operating without the necessary licenses…

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Crypto

Crypto Exchange OKX Goes Live in United Arab Emirates (UAE), Targeting TradFi Institutions, Retail Investors

OKX Middle East Fintech FZE has officially launched its cryptocurrency exchange in the United Arab Emirates, nine months after receiving…

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Crypto

United Arab Emirates (UAE) Exempts Crypto Transactions From Value Added Tax (VAT)

In a significant move, the United Arab Emirates (UAE) has officially classified virtual assets (VAs) in the same category as…

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