City Abu Dhabi Financial News
30.05 / 18:07
business
Binance
regulation
open
Binance gets approval to operate in Italy, will open office in Milan
One of the world’s biggest cryptocurrency exchanges, Binance, strengthened its European presence by obtaining registration and regulatory approval in Italy. A Binance company had previously registered to operate in France at the beginning of May.
26.05 / 12:35
Blockchain
Adoption
LEGO
privacy
WEF 2022: Metaverse should be developed from children’s perspective, says LEGO VP
Metaverse and Web3 dominated the discussions on the fifth day of the ongoing World Economic Forum (WEF).
25.05 / 08:03
cryptocurrency
CryptoExplainer
Despite Market Crash, Crypto Crowd Dominate Davos' Main Street
Crypto crowd dominate Davos main street despite price crash
23.05 / 12:41
cryptocurrency
Digital
cryptocurrency news
Bitcoin
Cryptocurrency Executives Show Heavy Presence At Davos Meet
There is a heavy presence of cryptocurrency sector representatives at Davos Summit
05.05 / 00:11
Binance
regulation
Financial
France’s financial authority approves Binance's registration as digital asset service provider
The Autorité des Marchés Financiers (AMF), France’s authority responsible for regulating the financial market, has granted Binance’s registration to provide crypto-related services in the country.
04.05 / 20:11
cryptocurrency
Binance
Europe
regulatory
Crypto exchange Binance gets French regulatory nod in European push
Binance Holdings Ltd., the world’s largest cryptocurrency exchange by trading volume, has secured regulatory approval from the French government, boosting its operational plans across the European continent.
26.04 / 14:29
Ethereum
Tether
Bitcoin
500
Top cryptocurrency prices today: Dogecoin, Ethereum, Terra rally up to 20%; Bitcoin above $40,500
Barring the dollar-pegged Tether, all major crypto tokens were trading higher during the early hours on Tuesday. Dogecoin zoomed 20 per cent. Terra rallied 8 per cent, whereas Ethereum was up by 5 per cent.Bitcoin and Ethereum recovered back in the past 24 hours. Seems like the short-term Bitcoin buyers have returned around the support level, said Edul Patel, CEO and Co-founder of Mudrex.
26.04 / 07:23
business
Blockchain
cryptocurrency
Bitcoin
Cryptocurrency Prices Today April 26: Bitcoin up, Dogecoin biggest gainer
Most cryptocurrencies traded in the green early on April 26 as the global crypto market cap rose 3.12 percent over the last day to $1.87 trillion. The total crypto market volume over the last 24 hours advanced 41.63 percent to $97.60 billion.
25.04 / 22:47
Binance
Progressive
Platform
Kraken
Frontier
Kraken crosses new frontier after Abu Dhabi GM grants crypto trading license
Kraken, one of the world’s largest cryptocurrency exchanges, has been granted a crypto-trading license by the Abu Dhabi Global Market (ADGM). This is a major development for Kraken as the UAE is one of the most important financial centers in the world.
25.04 / 11:37
business
Adoption
Kraken
Middle east
Kraken awarded crypto trading license in the United Arab Emirates
Californian crypto exchange Kraken becomes the second virtual asset platform after Binance to receive regulatory approval to operate in the Abu Dhabi international financial center and free zone, Abu Dhabi Global Market (ADGM).
21.04 / 19:57
business
Blockchain
Sport
cricket
Cricket NFT startup Rario raises $120M in Series A funding
On Thursday, cricket nonfungible token (NFT) platform Rario announced that it secured $120 million in Series A funding in a round led by Dream Capital, the venture subsidiary of Dream Sports. As told by Rario, it currently has the largest share of cricket NFT rights via partnerships with six international cricket leagues and a roster of over 900 cricketers.
20.04 / 12:33
business
Adoption
Binance.US awarded money transmitter license in Puerto Rico
Puerto Rico becomes the fourth jurisdiction in America to grant a money transmitter license to Binance.US, the American arm of the crypto exchange Binance. Other states that issued operational licenses to Binance.US include Wyoming, Connecticut and West Virginia.
12.04 / 08:07
11.04 / 13:23
29.03 / 21:45
Blockchain
Ethereum
education
Bitcoin
Dubai school will welcome tuition payments in Bitcoin and Ethereum
According to local news outlet Arabian Business, Citizens School, located in Dubai, will accept tuition payments denominated in Bitcoin (BTC) or Ethereum (ETH). Payments using digital assets are facilitated via an unnamed processing platform and are automatically converted into United Arab Emirates Dirhams (AED). Dr Adil Alzarooni, founder of Citizens school, commented:
26.03 / 09:27
cryptocurrency
Provident
Digital
cryptocurrency news
Abu Dhabi Steps Closer To Regulate Trading In NFTs
Abu Dhabi is set to launch regulatory framework for Trading in NFTs
22.03 / 16:29
markets
Government
Middle east
recommendations
Abu Dhabi rolls out draft recommendations for NFT trading
Abu Dhabi Global Market (ADGM), the emirate’s free zone, published a consultation paper on March 21 titled “Proposals for enhancements to capital markets and virtual assets in ADGM.” The document contains draft guidelines that, among other asset classes, cover nonfungible token (NFT) trading. The paper proposes that companies with a license from the free zone’s financial regulator be allowed to facilitate NFT trading.
22.03 / 12:55
Ethereum
XRP
ethereum price today
Bitcoin
Top cryptocurrency prices today: Bitcoin, Ethereum, XRP, Shiba Inu gain up to 7%
XRP zoomed 7 per cent, followed by a 6 per cent rise in Cardano. Avalanche jumped 5 per cent, whereas Ethereum and Shiba Inu added 4 per cent each. The global cryptocurrency market cap advanced to $1.9 trillion mark, gaining more than 3 per cent in the last 24 hours. Total cryptocurrency trading volume rallied almost 15 per cent to $91.73 billion.What's cooking in India?The government has clarified that cryptocurrency investors will not be allowed to offset gains from one cryptocurrency against losses from another. In the recent Budget, the government had proposed to tax gains at the rate of 30 per cent but there was some confusion on how gains and losses will be calculated. This reply clarifies one of those doubts.
24.02 / 16:55
Government
Law
Dubai
The crypto oasis: How the UAE became the Middle East’s digital asset champion
The United Arab Emirates is reportedly getting ready to start issuing federal licenses for virtual asset service providers (VASPs) by the end of the first quarter of 2022. The move is expected to become part of a complex regulatory framework that the Middle Eastern nation is looking to establish on its way to becoming one of the world’s most crypto-friendly jurisdictions. What could this trajectory look like for the UAE?
15.02 / 10:53
Taliban
Takeover
Meet the Afghans making Europe their home after Taliban takeover
Six months on from the Taliban takeover of Afghanistan, we catch up with four Afghans who fled and have made Europe their new home.
21.01 / 18:26
Food
Dozens killed and injured in Saudi-led airstrikes on Yemeni cities, say NGOs
More than 100 people have been killed or injured after an airstrike on a rebel-run prison in Yemen, according to the Red Cross.
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