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Bitpanda Gains In-Principle VARA Nod, Launches Dubai Office for MENA
- Designed for high-volume traders, Bitpanda Fusion supports the platform's expansion.
- Recently, the firm hired regional experts and formed partnerships with financial institutions and crypto platforms.
Monday, 16/12/2024 | 09:41 GMT by
Tareq Sikder
BitOasis Secures Crypto License from VARA Following CoinDCX Acquisition
- The license confirms BitOasis' compliance with VARA, following a 2022 provisional permit.
- The firm recently obtained a Minimum Viable Product license from Bahrain's Regulatory Authority.
Monday, 09/12/2024 | 09:21 GMT by
Tareq Sikder
TP ICAP Triples Dubai Footprint in Middle East Trading Push
- The company has extended the current Dubai office space to a new DIFC location, strengthening its MENA presence.
- The expansion follows strong Q3 performance and aims to serve regional clients with better comprehensive market solutions.
Monday, 02/12/2024 | 09:58 GMT by
Damian Chmiel
EXANTE Targets UAE Market with New Office in Dubai International Financial Center
- The company will now provide trading solutions across various markets in the region.
- EXANTE is reportedly regulated in multiple jurisdictions, including the UK, Hong Kong, Cyprus, Malta, and the UAE.
Wednesday, 27/11/2024 | 15:12 GMT by
Jared Kirui
Exclusive: Daman Markets Partners with Dubai Racing Club as Official Event Sponsor
- The contract signing as the Official Event Partner during the 2024–25 racing season took place at Meydan Racecourse.
- The sponsorship may enable horse tokenization, combining horse racing with new investment opportunities.
Thursday, 24/10/2024 | 10:42 GMT by
Tareq Sikder
Century Financial Opens Abu Dhabi Office in UAE Expansion Push
- The move aims to enhance client services and product offerings, including ADX stock CFDs and AI-enabled trading features.
- The UAE is experiencing growth in retail trading, bucking the global trend of declining trader numbers
Thursday, 10/10/2024 | 07:25 GMT by
Damian Chmiel
Crypto Firms Must Toe the Line with Dubai VARA’s Compliance Regulations
- Companies promoting digital assets must include a visible warning that they may lose value and are highly volatile.
- This announcement has followed an agreement between VARA and the SCA.
Thursday, 26/09/2024 | 10:48 GMT by
Tareq Sikder
Dubai's Commodities Exchange and Bybit Enter Advisory Partnership Focused on Web3
- The crypto exchange will transition to the advisory role starting August 2024 through July 2025.
- The partnership will feature the co-organization of a global hackathon to promote Web3 innovation and a flagship conference.
Monday, 12/08/2024 | 16:48 GMT by
Jared Kirui
Binance Receives Full Operational Approval for Crypto Services in Dubai
- The approval has followed a prior Operational MVP license, enabling institutional services and crypto activities.
- Changpeng Zhao was reportedly required to forfeit voting control as a condition of the license.
Thursday, 18/04/2024 | 09:52 GMT by
Tareq Sikder
VARA’s CEO Proposes Cost-Sharing Model to Support Small Crypto Businesses
- As proposed, crypto giants could aid smaller entities by sharing compliance costs.
- In November 2023, UAE regulators outlined fines for unlicensed virtual asset service providers.
Thursday, 11/04/2024 | 10:40 GMT by
Tareq Sikder
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