Crypto.com Wins Digital Asset License in Dubai
Cryptocurrency exchange Crypto.com has been granted a licence to operate specified virtual asset service activities in Dubai.
UAE
Standard Chartered, SBI Holdings Establishing $100M Investment Firm Targeting Crypto Startups
SC Ventures and SBI Holdings’ Digital Asset Joint Venture investment company will be established in UAE and focus on firms in market infrastructure, risk and compliance, DeFi and tokenization.
Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms
(Kamil Rogalinski/Unsplash)
Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg
The expansion would be the private bank’s first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020.
UAE Securities Regulator to Start Accepting License Applications From Crypto Firms
The regime applies to all companies seeking to provide services in the country, unless already licensed in financial free zones in the United Arab Emirates.
UAE Unveils CBDC Strategy, First Phase to Be Completed by Mid-2024
The United Arab Emirates expects to complete the first phase of its central bank digital currency strategy over the next 12 to 15 months.