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 , […]
BitOasis exchange raises $30M to expand in Middle East and North Africa
BitOasis, a crypto trading platform based in Dubai, has raised $30M from a new round of funding to expand across the Middle East and North Africa (MENA). According to a Tuesday release, BitOasis has concluded a $30 million Series B funding round led by Jump Capital of Chicago and Wamda Capital of Dubai. Wamda previously […]
BitOasis exchange partners with the Dubai Police to help spread fraud awareness
BitOasis has partnered with the Dubai Police Force to create awareness regarding cryptocurrency investment and trade fraud and also to establish safety regulations around crypto investments in the region. According to BitOasis CEO Ola Doudin, the exchange’s collaboration with the Dubai Police Department is aimed at assisting in the development of rules that will make […]
Dubai makes crypto trading official following regulator’s agreement
The Dubai World Trade Centre Authority (DWTCA) has announced a partnership with the UAE’s Securities and Commodities Authority (SCA) to legalize cryptocurrency trading, issuance, and regulation. The agreement was signed by the SCA’s acting CEO, Dr. Maryam Al Suwaidi, the DWTCA’s director-general, Helal Saeed Al Marri, and a Dubai Department of Tourism and Commerce Marketing […]