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ADGM Signs MoU with Hacken to Enhance Blockchain Security and Compliance Standards

ADGM Signs MoU with Hacken to Enhance Blockchain Security and Compliance Standards

April 26, 2024 Abu Dhabi UAE ADGM

Abu Dhabi Global Market (ADGM), the international financial center in Abu Dhabi, UAE, has partnered with Hacken.io, a company specializing in blockchain security auditing, to enhance blockchain security and compliance standards. This collaboration was formalized through a Memorandum of Understanding (MoU) signed by both parties. The MoU outlines a

Binance Secures Full Virtual Asset Service Provider License in Dubai

Binance Secures Full Virtual Asset Service Provider License in Dubai

April 18, 2024 Dubai VARA Binance

Binance, the world's largest crypto exchange by trading volume, has been granted a full virtual asset service provider (VASP) license by Dubai's Virtual Assets Regulatory Authority (VARA). This milestone marks a major step forward for both Binance and Dubai's growing virtual asset ecosystem, as

Dubai's VARA Looks to Simplify Compliance for Small-Scale Virtual Asset Operators

Dubai's VARA Looks to Simplify Compliance for Small-Scale Virtual Asset Operators

April 17, 2024 Dubai VARA Virtual Assets

Dubai's Virtual Asset Regulatory Authority (VARA) is taking steps to make it easier for smaller virtual asset companies to operate in the emirate. The regulator plans to reduce the financial burdens these firms face in an effort to create a more supportive environment for their operations. Speaking at

Shaping the Future of Web3 at TOKEN2049 Dubai

Shaping the Future of Web3 at TOKEN2049 Dubai

April 11, 2024 Dubai Conferences Cryptocurrency

The highly anticipated TOKEN2049 Dubai conference is set to take place from April 18-19, 2024, at the Madinat Jumeirah resort. This premier crypto gathering promises to bring together the most influential voices in the Web3 ecosystem, with an impressive lineup of speakers that includes industry leaders, innovators, and regulators. The

Crypto.com Secures Full Operational Virtual Assets License in Dubai

Crypto.com Secures Full Operational Virtual Assets License in Dubai

April 9, 2024 Dubai UAE Virtual Asset Service Provider

Crypto.com has obtained full operational approval from Dubai's Virtual Assets Regulatory Authority (VARA). This milestone marks the first time a global crypto exchange has been granted permission to operate with fiat currency in the United Arab Emirates (UAE). Virtual Assets in the UAE Crypto.com's

Abu Dhabi's Tungsten Launches Custody Services for Virtual Assets

Abu Dhabi's Tungsten Launches Custody Services for Virtual Assets

March 20, 2024 Abu Dhabi ADGM Virtual Assets

Tungsten, an Abu Dhabi-headquartered company founded in 2023, has recently launched after securing a license from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. The company, which counts Abu Dhabi-based Further Ventures among its investors, aims to transform custody solutions for the virtual assets sector, positioning Abu Dhabi as

Dubai International Financial Centre Announces New Digital Assets Law

Dubai International Financial Centre Announces New Digital Assets Law

March 14, 2024 Dubai DIFC Virtual Assets

The Dubai International Financial Centre (DIFC) has enacted new legislation to provide a comprehensive legal framework for digital assets. The DIFC Digital Assets Law, which was announced March 13, 2024, is the first law globally to define the legal status of digital assets and regulate their use. Key points of

VARA's CEO on Virtual Assets in Dubai: Investment Brakes Come Off

VARA's CEO on Virtual Assets in Dubai: Investment Brakes Come Off

March 8, 2024 VARA Dubai Virtual Assets

* On VARA's Strategic Role: Matt White explains the importance of having "the right brokers, right custodians, and enabling them to have the right suite of products to service a virtual assets market," highlighting the necessity of a well-equipped market infrastructure. * Regarding Expansion into New Market Segments:

Abu Dhabi's ADGM Sees Unprecedented Growth in 2023

Abu Dhabi's ADGM Sees Unprecedented Growth in 2023

March 6, 2024 Abu Dhabi ADGM Virtual Assets

In 2023, the Abu Dhabi Global Market (ADGM) not only confirmed its position as the meteoric hub of finance in the UAE's capital but also set a new benchmark for growth and innovation in the international financial scene. Marking its eighth year of operation, ADGM emerged as a

UAE Virtual Assets Market

UAE Virtual Assets Market

March 4, 2024 UAE Abu Dhabi Dubai

There are five primary licensing authorities in the United Arab Emirates (UAE) that regulate virtual assets and virtual asset services. These are the Dubai Virtual Assets Regulatory Authority (VARA), the Dubai Financial Services Authority (DFSA), the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the Dubai

Abu Dhabi Global Market and Solana Foundation Announce Partnership

Abu Dhabi Global Market and Solana Foundation Announce Partnership

February 9, 2024 ADGM Solana Abu Dhabi

In an era where virtual assets are reshaping our world, the Abu Dhabi Global Market (ADGM) and the Solana Foundation have embarked on a groundbreaking journey. This partnership heralds a new chapter in the evolution of financial services, leveraging Distributed Ledger Technology (DLT) to pave the way for a future

Virtual Assets: Future-Proof Finance with the UAE

Virtual Assets: Future-Proof Finance with the UAE

February 9, 2024 Virtual Assets Abu Dhabi Dubai

In an era where virtual assets are redefining the contours of global finance, the United Arab Emirates (UAE) is pioneering a path that others might soon follow. With virtual assets gaining regulatory acceptance, financial markets around the world are witnessing unprecedented growth and transformation. Amidst this digital revolution, the UAE