Tag: UAE
BlackRock Receives Commercial License to Abu Dhabi Market
BlackRock receives a commercial license to operate in Abu Dhabi, strengthening its crypto presence and supporting UAE’s digital finance growth. BlackRock, the global investment firm,…
UAE’s RAK DAO Set to Launch DAO Legal Framework
New DAO regulations encourage legal identity and asset ownership. UAE provides a low-cost DAO setup, encouraging global involvement. In a significant step forward for blockchain…
UAE Introduces Tax Relief on Crypto Transfers and Conversions
The UAE’s Federal Tax Authority (FTA) announced key amendments to its value-added tax (VAT) regulations on October 2, 2024. The changes will exempt the transfer…
Kraken Is Closing Its UAE Offices
Problems continue for major digital currency exchange Kraken. After forfeiting its position in Japan, closing its offices there, and letting all employees go in that…
Dubai Is Creating a New Crypto Regulatory Agenda
Dubai – which has grown exponentially over the years as a leading digital currency hub – is expanding its reputation thanks in part to the Dubai Financial…
Virtuzone Opens Its Heart to Crypto Payments
Virtuzone – a company based in the United Arab Emirates (UAE) that assists with business formations and provides corporate services – has announced it will…
Al Jalila Foundation Opens Its Heart to Crypto Donations
The Al Jalila Foundation – a nonprofit healthcare enterprise and member of the Mohammed Bin Rashid Al Maktoum Global Initiatives – has announced it will…
Survey Shows Crypto Trust in UAE at an All-Time High
The United Arab Emirates (UAE) is becoming a major crypto haven and experiencing a huge boom in usage. Not long ago, the nation found itself…
Crypto Exchange Bybit Moves Its Main Station to Dubai
Popular cryptocurrency exchange Bybit is moving its business to the United Arab Emirates (UAE), and its headquarters will be situated in the nation’s capital of…
