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DIFC
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FinTech
United Fintech Opens DIFC Office, Targets UAE's Financial Sector
2024-05-13T08:48:41.578+02:00
Rasmus Bagger, the company's CCO, will be responsible for local operations.
The move comes when Dubai and the UAE are rapidly developing as a fintech hub.
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Institutional FX
STP Boosts Offering with DFSA-Approved Prime Brokerage Services
2023-06-05T11:56:58.403+02:00
STP receives DFSA approval to provide prime brokerage services.
The move aims to cater to the needs of increasing HNWIs, and institutional investors.
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Retail FX
DFSA Wants to Better Protect Clients Assets, Publishes New Strategy
2023-01-16T12:43:05.674+02:00
The new strategy consists of four pillars: Delivery, Engagement, Innovation and Sustainability.
Dubai aims to become the world capital of finance.
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CryptoCurrency
DFSA Publishes List of "Recognised Crypto Tokens" as Changes Take Effect
2022-11-01T12:45:27.584+02:00
As of Nov 1, only recognized crypto tokens can be transacted within or from the (DIFC)
The preliminary list of 'recognized tokens' consists of BTC, ETH, and LTC
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News
Ripple Selects Dubai for Regional Headquarters
2020-11-09T09:15:50.000+02:00
The recent announcement comes after Ripple’s management spoke about moving away from San Francisco.
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Dubai's New Blockchain KYC Platform to Open Door for Global Enterprise
2020-03-02T09:11:23.000+02:00
The DIFC and Mashreq Bank have launched the platform as part of a greater blockchain initiative in the UAE.
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Technology
Exclusive: Tradesocio Opens Dubai Office, Plans One in London
2019-07-10T16:43:25.000+02:00
The company is going to set up a business development operation in London before the end of the year
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Dubai’s DIFC and DIEDC Sign MoU to Bring Fintech and Islamic Finance Together
2017-07-14T23:05:12.000+02:00
Dubai has long sought to position itself as a hub for both fintech and Islamic finance.
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Regulation
HSBC Moves Middle East Head Office from Jersey to Dubai
2016-07-01T00:10:28.000+02:00
HSBC Middle East completed its transfer to Dubai which will attract assets valued at more than $40 billion to DIFC.
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