Dubai Financial News

01.12 / 11:27

regulation Trading Investing Web3 Dubai VARA Ethereum-Based Fasset Secures Operational License in Dubai for Tokenized Offerings

Digital asset brokerage Fasset FZE has received a Virtual Asset Service Provider (VASP) license from the Virtual Asset Regulatory Authority (VARA) in Dubai, UAE.

12.12 / 16:47

Blockchain Climate Dubai VARA Carbon Trading Dubai Grants Climate-based AYA Platform Conditional VARA License

Dubai’s financial regulator, the Virtual Asset Regulatory Authority (VARA) has issued a conditional operating license to AYA Platform, a web3 launchpad subsidiary of Enjinstarter.

06.11 / 10:43

business Adoption Web3 Metaverse Dubai Metaverse projects failed on lack of correct business model: MetaMinds CEO

The metaverse may no longer have mainstream appeal to some global tech leaders compared to two years ago. However, weaknesses in the testing of the various investments and initiatives in the emerging technology may have resulted in some of them failing.

18.10 / 11:05

Adoption Binance regulation Middle east Dubai industry growth regulatory Middle East regulatory clarity drives crypto industry growth — Binance FZE head

Major cryptocurrency exchanges and businesses are being lured to a proverbial crypto oasis around the Persian Gulf, according to Binance FZE’s general manager.

05.10 / 08:49

event Blockchain Adoption VISA Dubai Bitcoin Debit Cards Crypto cards facilitated $3B payment volume post 2021 exchange deals - Visa VP

The integration of conventional payment cards into cryptocurrency exchange offerings is playing a crucial role in driving adoption of digital assets, according to a VISA executive.

15.08 / 08:07

Blockchain Technology Investments Web3 Dubai Dubai lures AI, Web3 enterprises with 90% subsidized commercial licenses

Dubai has started offering commercial licenses to artificial intelligence (AI) and Web3 businesses at a 90% subsidy as it works to create the largest cluster of new-age tech companies in the Middle East and North Africa (MENA) region.

26.06 / 09:15

business event Adoption Cardano Dubai NOT The best blockchain “does not exist” — Cardano Foundation exec

While many community members enjoy arguing about what the ultimate blockchain is, an executive from the Cardano Foundation believes that these arguments should stop, as use cases dictate which blockchain is most appropriate for specific projects.

03.04 / 10:45

business Technology Metaverse Communications Dubai An ambitious project opens the doors to the metaverse in the heart of Dubai

As the digital world continues to evolve, the concept of the metaverse has emerged as a promising new frontier for businesses looking to enhance communication and customer engagement. With its immersive and interactive nature, the metaverse offers unparalleled opportunities for companies to connect with their customers on a global scale.

16.02 / 16:30

Blockchain Adoption Dubai Groceries to luxury cars: The state of crypto adoption in Dubai

The city of Dubai has been very welcoming to the crypto space, providing the much-needed regulatory clarity to help the industry thrive. While this attracts native Web3 and crypto businesses to the emirate, even non-crypto businesses started integrating technologies like crypto, nonfungible tokens (NFTs) and even the metaverse into their operations.

10.02 / 17:19

Law Adoption Binance regulation Dubai Crypto projects respond to privacy coin ban in Dubai

The Virtual Asset Regulatory Authority (VARA) recently provided the much-awaited guidelines for virtual asset service providers (VASPs) in Dubai, United Arab Emirates, which included a ban on privacy coins.

06.10 / 14:29

event Adoption defi Dubai Bitcoin can solve the DeFi onboarding crisis, argues exec

As the decentralized finance (DeFi) space remains plagued with hacks, people have become less interested in jumping in and engaging with DeFi. But according to Dennis Jarvis, the CEO of Bitcoin.com, there is a way for DeFi adoption to move forward through Bitcoin (BTC).

01.08 / 16:35

business Adoption regulation Dubai Dubai regulation check: Which companies got approvals recently?

Dubai has positioned itself as one of the most crypto-friendly cities, establishing a new regulator to cement the United Arab Emirates (UAE) position in the crypto space. Following this, crypto exchanges began to flock to the region, securing the newly-formed regulator's approval to operate within the region.

30.07 / 10:33

business Government Adoption Dubai Dubai permits full operation to FTX subsidiary FZE via first MVP license

On Friday, FZE, a subsidiary of crypto exchange FTX, was awarded Dubai’s first Minimal Viable Product (MVP) license, allowing full operation of the exchange in the region.

20.07 / 11:19

Blockchain Strategy Metaverse Dubai Dubai Unveils Metaverse Strategy, Aims To Create 40,000 Virtual Jobs

Dubai's Museum of the Future will host the Dubai Metaverse Assembly in September.

19.07 / 11:43

Adoption NFT Dubai Dubai to ramp up metaverse efforts with 40,000 new jobs

One of the leading crypto hubs in the Middle East, the emirate of Dubai, launches the Dubai Metaverse Strategy that aims to turn it into one of the world’s top 10 metaverse economies. The strategy promotes Dubai’s ambitions to support more than 40,000 virtual jobs by 2030.

14.07 / 12:01

business regulation OKEx Dubai OKX to extend offers in Dubai after securing a provisional license

Crypto exchange OKX has acquired a provisional virtual assets license granted by the Dubai Virtual Assets Regulatory Authority (VARA), allowing them to offer additional services to qualified investors and financial services providers in Dubai, United Arab Emirates (UAE).

21.06 / 13:14

business Dubai Huobi crypto exchange wins licenses in Dubai and New Zealand as Thai affiliate closes

Major cryptocurrency trading platform Huobi continues expanding its global presence by securing new licenses in New Zealand and the United Arab Emirates.

19.06 / 19:25

cryptocurrency Dubai Jobs BitOasis Middle East-focused crypto firm BitOasis cuts jobs amid sector turmoil

BitOasis, a Middle East-focused cryptocurrency exchange based in the United Arab Emirates, said on Sunday it laid off nine of its staff, the latest company in the sector to cut jobs in the face of a downturn and market turmoil.

14.06 / 16:49

Blockchain Adoption Dubai Bitcoin Following the signs: How crypto stickers led to a new career opportunity

Ghana national Daniel Karikari worked as a part-time office assistant at a crypto startup, cleaning the office and serving coffee to its managers. While performing his tasks, he encountered the words “blockchain” and “cryptocurrency” on the office wall, sparking his interest that eventually led to a new career.

03.06 / 08:31

business Dubai Crypto.com gets nod in Dubai and FTX launches in Japan

Two out of the top 10 largest cryptocurrency exchanges by volume will expand into new markets, with Crypto.com obtaining a provisional crypto license in Dubai and FTX launching in Japan.

10.05 / 10:39

business Blockchain Stablecoin Dubai Nouriel Roubini oversees the development of tokenized dollar replacement

Economist and cryptocurrency critic Nouriel Roubini is heading up the development of a tokenized asset to combat fears of rampant economic stagnation and inflation.

frequently asked questions about Dubai

What is Dubai and why is it gaining attention?

Dubai is a trending topic that draws public attention. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Dubai?

All recent news about Dubai can be found in the dedicated section. We publish information regularly.

How can I verify the accuracy of information on Dubai?

We use verified data to ensure that the information about Dubai is accurate and informative for our readers.