The M2 platform is now poised to offer both institutional and retail clients in the UAE a unique opportunity to engage with virtual assets.
virtual assets law
Latest in virtual assets law
Blockchain
Crypto to play ‘major role’ for UAE trade, says minister
A key area the UAE is looking to expand, is cryptocurrencies
Blockchain
The Middle East is critical to the future of crypto
While 2022 was challenging, 2023 is an opportunity for the crypto industry to come of age
Blockchain
UAE’s new law for virtual assets sector to trigger mass entry of global companies
The UAE Cabinet this week introduced a new regulation and an independent regulatory authority for virtual assets and virtual asset service providers – a move which marks the state’s first regulatory regime for the sector at the federal level
crypto investment
Two in three UAE residents are interested in crypto as Dubai’s virtual assets law deepens trust in trading: report
The UAE tops global markets in terms of trust in cryptocurrencies, with approximately 40 percent of consumers stating that they trust this digital asset
Ben Zhou
Top crypto firms pick Dubai for global HQ, regional base as “test-adapt-scale” model attracts investment and creates jobs
Bybit has received in-principle approval to conduct its virtual assets business in Dubai and plans to set up its global HQ in the emirate, while crypto.com has chosen Dubai to set up its regional base
Adil Alzarooni
Dubai school accepts fee payments in bitcoin and ethereum as crypto enters education sector
Citizen School’s move towards crypto payment options follows the Dubai Government’s adoption of a law regulating virtual assets, ensuring a safe and advanced legal framework for investors
Cryptocurrency
Dubai crypto businesses to double in 2022 as global industry sees exponential growth: expert
There will be an explosion of Web 3.0 based start-ups, new jobs, and investment opportunities in the region, says Yoshi Markets’ Mustafa Kheriba
binance
Dubai’s new virtual assets law will lead to “increased investments by firms already in the crypto industry”: expert
Dubai’s new virtual assets law is meant to provide a regulatory framework for businesses dealing with cryptocurrencies in various formats be it security tokens, DeFi projects and NFTs, an expert said
Angel Investors
Dubai-based metaverse startup Eikonikos raises $2 million in pre-seed funding to bring more people into the digital realm
The company is currently in the process of issuing digital assets for investment as it gears up for commercial launch in May 2022, when it expects a jump in valuation
binance
Binance granted virtual asset license to anchor a blockchain tech hub in DWTC by Dubai’s new Virtual Assets Regulatory Authority
Dubai is the first global economy to have set up a specialised regulator for the virtual assets sector and will be further developing this VARA governed ecosystem of credible, reputable, and innovative international leaders
Blockchain
Crypto Oasis to host 1,000 blockchain firms by Q2 2022 as Dubai’s new virtual assets law spurs sector growth
Local and international investments have fuelled the upcoming blockchain industry with venture capitalists such as Draper Goren Holm and the Woodstock Fund from Silicon Valley establishing their presence in the Crypto Oasis
Abu Dhabi
Why the UAE can become “the global home of crypto” after Dubai’s new virtual asset law: expert
The application of Bitcoin into the financial capital markets is soaring. Protocols built on the blockchain are redefining how finance operates across debt, equity, hybrids, lending, and custody, the CEO of Hayvn Christopher Flinos said
cryptocurrencies
Dubai’s new virtual assets law to spur crypto investment in real estate, empower start-ups: Experts
The law came on the same day as a new US framework for cryptocurrencies, signalling that both countries are set to become leaders in adoption and regulation of digital assets, experts said
cryptocurrencies
Dubai Ruler issues Dubai Virtual Asset Regulation Law to protect investors, govern the industry, and “design the future of virtual assets globally”
The Dubai Virtual Asset Regulatory Authority (VARA) will regulate, supervise, and control virtual asset services. The authority set the rules and controls that govern the conduct of virtual assets activities, including management, clearing, and settlement services, as well as classifying specifying types of virtual assets