Dubai grants first MVP license to FTX subsidiary FZE
The first Minimal Viable Product (MVP) license for Dubai was given to FZE on Friday, enabling full operation of the exchange in the area. The operational license was granted to FZE by Dubai’s Virtual Asset Regulatory Authority (VARA) under the MVP program, which is, in the words of Helal Saeed Almarri, director general of the […]
Dubai Grants Ex-Singapore Parliamentarian Calvin Cheng’s Web3 Company a Virtual Asset License
Singaporean investor and entrepreneur Calvin Cheng has established a non-fungible token (NFT) and fan token investment holding company in Dubai. – Ex-Singapore Parliamentarian Calvin Cheng forms the first regulated non-fungible token (NFT) and fan token investment holding company in Dubai.– The Dubai Virtual Asset Regulatory Authority (VARA) has granted the company a provisional license to […]
Is it really safe to sell Bitcoin in Dubai in 2022?
Dubai has always been a global center for business and trade, so it’s no surprise that the city is becoming a hub for Bitcoin and another cryptocurrency trading. Despite concerns over its safety, many people are choosing to Sell Bitcoin in Dubai because of the potential profits to be made. Here we’ll take a look […]
Dubai’s VARA Establishes Headquarters In The Metaverse To Become More Accessible
The Virtual Assets Regulatory Authority (VARA) of Dubai has established its metaverse headquarters in The Sandbox virtual world. The Virtual Assets Regulatory Authority (VARA), Dubai’s digital assets regulator, has established its metaverse headquarters (HQ) in the virtual world of The Sandbox, according to a statement from the regulator. The regulator stated that the goal of […]
WazirX crypto exchange relocates headquarters to Dubai
WazirX cryptocurrency exchange located in India is seeking to relocate its headquarters to Dubai following the recent imposed tax on crypto and digital assets in India. According to Business Today, Shetty and Menon have already relocated to Dubai with their families, citing people close to the situation. Sameer Mhatre, co-founder and chief technology officer , […]