Dubai Starts Real Estate Tokenization Pilot, Forecasts $16B Market by 2033
The Dubai Land Department’s initiative aims to expand access and transparency for property investments using blockchain rails.
Dubai
Ripple Bags Dubai License to Offer Crypto Payments in UAE
Payments utility is also expected to drive greater stablecoin adoption in the UAE for their real time settlement value proposition.
Sui Launches ‘Incubator’ Hub in Dubai for ‘On the Spot’ Solution Engineering
The Sui blockchain has launched a hub in Dubai which will act as an incubator for blockchain developers and entrepreneurs, one of its founding developers told CoinDesk in an interview.
Dubai’s VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official
Dubai’s Virtual Assets Regulatory Authority believes it has struck the correct balance in terms of time taken to award licenses to crypto-related applicants, its senior official Sean McHugh told CoinDesk in an interview on Tuesday, disputing any perception of being a friendlier-than-usual crypto regulator.
OKX Goes Live in UAE, Targeting TradFi Institutions, Retail Market
OKX, one of the four biggest cryptocurrency exchanges, has gone live in the UAE, Middle East General Manager Rifad Mahasneh said in an interview.
Dubai’s VARA Fines, Issues Cease-and-Desist Orders Against 7 Crypto Entities
Dubai’s Virtual Assets Regulatory Authority (VARA) issued cease-and-desist orders and accompanying fines to seven entities for operating without the required licenses and breaching marketing regulations.
UAE Exempts Crypto Transactions From Value Added Tax
The United Arab Emirates has exempted crypto transactions from value-added tax (VAT), according to an amendment in the law made by the Federal Tax Authority.
Mantra to Tokenize $500M Real Estate Assets for UAE Builder MAG Group
The firm will tokenize the real estate assets in several tranches.
Binance Secures Full Virtual-Asset Services Provider License in Dubai
The fourth and final stage of approval comes almost a year after the crypto exchange secured a third-stage license.
Dubai Regulator Wants to Lower the Cost of Compliance for Small Crypto Firms
While Dubai’s regulatory rules were broadly welcomed, some firms worried about the expense.