Innovation-focussed crypto businesses do not want to get pigeon-holed into traditional definitions of securities and commodities, because this will decide the future of the entire industry across the world
crypto
Abu Dhabi
UAE confiscates $356m from money launderers, hands out $54m fines in major crime and terrorism crackdown
UAE conducts review of money-laundering operations and financial crimes in the country
Abu Dhabi
Inside the UAE’s crackdown on money laundering
UAE achieves record-breaking financial crime confiscations in 2023, nearing exit from FATF grey list
ABO Digital
Crypto capital fusion: Exploring structured PIPEs as catalysts for crypto industry growth
PIPE-crypto financial arrangements are propelling growth, fostering collaboration, and driving the evolution of decentralised finance (DeFi)
crypto
India hopeful of G20 leaders adopting crypto regulation blueprint
The IMF and the Financial Stability Board (FSB) of India have laid down a synthesis paper and developed a comprehensive framework on this
Bitcoin
MVP licences in the UAE empower a brighter future for crypto traders
Market Value Provisions (MVP) licences offer a comprehensive framework that ensures increased security, transparency, and compliance
binance
Binance receives Dubai’s VARA operational MVP licence
The approval of Binance FZE’s operational licence by VARA represents a significant development for the virtual asset industry
Blockchain
Crypto scammers lose out on billions as revenues drop 77%: Report
2022 was a difficult year for the crypto industry but things are looking up as crimes drop by 65% and scam revenues decline by 77% since last year
crypto
Dubai search for ‘Crypto Hunters’ reality TV show stars
The search is on for reality TV stars to join Crypto Hunters show
binance
Crypto exchange Binance sued by US regulator over multiple rule violations
Securities and Exchange Commission names Binance founder and CEO Zhao in a case filed federal court in Columbia with 13 charges
crypto
Crypto giant OKX launches awareness campaign
OKX looking to add to 50m global user base with major marketing campaign
Abu Dhabi
The UAE’s CBDC ambitions could provide a test bed for future global adoption
The UAE’s pursuit of a Central Bank Digital Currency (CBDC) holds promise and poses risks for global adoption
crypto
Standard Chartered, DIFC to collaborate on digital assets in the UAE
Subject to regulatory approval, the digital asset custody services will start in DIFC
Coinbase
Ex-Coinbase manager Ishan Wahi sentenced to prison in first crypto insider trading case
Wahi expressed remorse for his actions and their effect on his friends and family
Abu Dhabi Global Market
How to restore trust in crypto
A stronger crypto ecosystem needs effective regulation
Abu Dhabi
UAE ‘ahead of the curve’ in crypto, digital asset regulation, experts say
In an industry that is “thirsty for regulation,” the UAE is already ahead, experts say
crypto
Islamic Coin: World’s first Sharia compliant cryptocurrency to launch in May, co-founder reveals
The world’s first Sharia compliant cryptocurrency Islamic Coin is set to launch next month