City Dubai Financial News

02.12 / 15:43

Citi Digital CEO Financial TMRW Dubai: Ready for the new world - beyond financial freedom?

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

30.11 / 15:29

exchanges acquires Binance Acquires 100% of Japanese Crypto Exchange Sakura Exchange BitCoin – Here's Why

Binance has acquired 100% of Sakura Exchange BitCoin (SEBC), a crypto platform registered in Japan, to enter the Japanese market in a regulated way.

28.11 / 15:17

Europol helps take down cocaine 'super cartel' in six-country bust

A drugs cartel believed to control up to a third of Europe's cocaine trade was taken down in a six-country bust, with 30 tonnes of drugs seized, Europol said on Monday.

28.11 / 09:07

Blockchain Provident Aviat Career Wahed Projects Announces Strategic Partnership with EnterMed

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

27.11 / 13:35

business Funding Blockchain Game Fenix Games raises $150M to fuel next-generation blockchain gaming

Web3 game publisher Fenix Games raised $150 million in funding to acquire, invest and distribute blockchain games. The fund will be used to create a game publishing company specifically for mainstreaming blockchain games.

25.11 / 15:23

Blockchain regulation FTX stake FTX stake in US bank raises concerns about banking loopholes

The bankruptcy proceedings of cryptocurrency exchange FTX have revealed many new aspects of its unethical practices. The latest revelation around its stake in one of the smallest United States banks from rural Washington has raised fresh concerns about its operations and alleged misuse of banking loopholes.

25.11 / 13:13

Blockchain Law How does the FTX collapse affect Dubai's crypto ecosystem?

With the FTX contagion affecting various sectors of the global crypto ecosystem, Dubai-based industry leaders commented on how the debacle will affect the budding crypto hub within the United Arab Emirates (UAE).

24.11 / 15:31

business regulation FTX UAE regulator revokes FTX license amid the exchange collapse

As the FTX debacle still creates waves in the crypto industry and beyond, the Dubai Virtual Assets Regulatory Authority (VARA) has suspended the license which allows FTX to make preparations to service the local market.

18.11 / 22:27

business FTX Bankruptcy Crypto Biz: FTX fallout leaves blood in its wake

Bitcoin (BTC) is the greatest monetary revolution of the modern age. By simply buying and holding Bitcoin, citizens are staging a peaceful protest against the indentured servitude brought on by fiat economics. In the process, they’ve initiated one of the greatest wealth transfers of all time — a process that will take decades to play out fully.

17.11 / 16:05

European Union Culture Bruno Carbone: One of Europe's most-wanted criminals arrested in Syria

An Italian drug trafficker, one of Europe's most-wanted criminals, has been arrested in Syria and extradited to Italy, according to Italian officials and a Syrian jihadist rebel group.

16.11 / 16:13

regulation investigation FBI Fried Extradition US reportedly considering Bankman-Fried extradition for questioning

In the aftermath of the FTX exchange liquidity crisis and bankruptcy, the United States and Bahamian authorities are reportedly discussing the possibility of extraditing Sam Bankamn-Fried, former CEO of the company, back to the U.S. for questioning.

16.11 / 03:31

Hedge funds flock to Dubai amid softer regulation — and portfolio managers want in

London hedge funds are joining a trend of investment firms looking towards Dubai for expansion, lured by lower tax rates, softer regulation, and a rising number of millionaires.

15.11 / 16:57

business regulation Bankruptcy creditors FTX bankruptcy filing speculates over 1 million creditors

The FTX liquidation crisis turned bankruptcy saga continues as a recent filing reveals additional information on Sam Bankman-Fried’s leadership and the exchange’s final days.

14.11 / 12:21

business Binance Liquidity FTX recovery Binance creates industry recovery fund to help projects struggling with liquidity

As the effects of the FTX crisis continue to affect the markets negatively, crypto exchange Binance is creating a fund to help potentially strong projects that are having liquidity issues.

13.11 / 02:29

regulation FTX Police Fried Sam Sam Bankman-Fried is ‘under supervision’ in Bahamas, looking to flee to Dubai

FTX former CEO Sam Bankman-Fried, co-founder Gary Wang and director of engineering Nishad Singh are understood to be in the Bahamas and are “under supervision” by the local authorities.

11.11 / 13:33

Blockchain UPS Digital Platform TradFi Japanese Tradfi Giant Nomura’s Crypto Arm to Launch Coin Trading Platform

The Japanese tradfi giant Nomura is set to launch crypto trading platform for professional traders by early 2023 – as the firm looks to ramp up its crypto operations.

09.11 / 09:39

business Blockchain Middle East, Asia and Africa blockchain association launches in Abu Dhabi

A new blockchain and cryptocurrency-focused association has been launched within Abu Dhabi's free economic zone that aims to further the development of blockchain and crypto ecosystems across the Middle Eastern, North Africa, and Asian regions.

04.11 / 14:15

CEO Southern Terra Prosecutors: We Have Proof Do Kwon ‘Ordered Crypto Price Manipulation’

South Korean prosecutors say they have evidence that proves the missing Terraform Labs Co-founder Do Kwon told an employee to manipulate coin prices. But Kwon has suggested that he is ready to hold a “meetup,” with “cops from all over the world welcome” to attend.

03.11 / 20:40

Binance FTX Fried Sam FTX Goes Live As First Licensed Crypto Exchange in the UAE – What Does Sam Bankman-Fried Have Planned?

Major crypto exchange FTX has announced it has gone live as the first institution of this type which secured a full license to operate in the United Arab Emirates (UAE).

03.11 / 14:33

COST CEO International KINZA Goes Global: KINZA 360 Hosted Their First-ever International Affiliate Conference in Dubai

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

03.11 / 00:49

regulation International Centre Financial New ‘crypto token regime’ instituted at the Dubai International Financial Centre

The Dubai Financial Services Authority (DFSA) announced on Nov. 1 that its crypto token regime has come into force in the Dubai International Financial Centre (DIFC) special economic zone, with a six-month transition period. The new regime is the DFSA’s second round of regulations, building on the “Regulation of Investment Tokens” introduced at the DIFC in October 2021.

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