Bitcoin Exchange FTX Wins Full Approval To Operate In Dubai
The company will build a headquarters in Dubai to operate exchange and clearinghouse services for bitcoin and cryptocurrencies through a subsidiary.FTX exchange received approval to operate exchange and clearinghouse services in Dubai.The company will build a regional headquarters in the city.A subsidiary of FTX operating in Europe and the Middle East will facilitate product offerings in the region.FTX, a cryptocurrency exchange based in the Bahamas, has received approval to operate as an exchange and clearinghouse in Dubai, according to a report by Reuters. The exchange will begin....
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The Hong Kong-based crypto investment firm Q9 Capital secures its provisional license from the VARA regulatory to operate in the UAE. The platform joins the list of other big names like Binance, Crypto.com, OKX, FTX and others, currently operating in the regime following the approval. It comes as part of the company’s move to expand […]
A major cryptocurrency exchange in the UAE, Bitoasis, has obtained provisional approval from Dubai’s new cryptocurrency regulator. Binance and FTX have also been green-lighted by the regulator. Bitoasis Pursuing License From Dubai’s New Crypto Regulator Bitoasis, a major crypto exchange founded and headquartered in Dubai, announced Wednesday that it has received “provisional approval” from Dubai’s new crypto regulator, the Virtual Assets Regulatory Authority (VARA). Dubai adopted its first law to regulate the crypto sector earlier this month and....
Notably, Gulf countries have joined the list of crypto-favored regimes. And Dubai appeared as a leading crypto hub currently working on multiple projects to support the blockchain infrastructure and web 3 technology. As a result of which, it attracted many crypto companies worldwide to join the emerging market. Similarly, blockchain.com, a cryptocurrency exchange and financial […]
The Hong Kong-based company will join the likes of Binance, Crypto.com, OKX and FTS, who’ve also opened offices in the UAE. A Hong Kong-headquartered crypto investment platform, Q9 Capital, received provisional virtual asset approval from Dubai’s Virtual Asset Regulatory Authority (VARA). The company announced its expansion to the UAE and applied for a full operating license as well. According to its press release from Oct. 27, Q9 will establish a regional hub in Dubai and start providing services to qualified investors and financial service providers once it receives a full operating....
The Virtual Assets Regulatory Authority of Dubai has previously given approval for Crypto.com, OKX and FTX subsidiaries to offer crypto-related services in the emirate. Blockchain wallet and cryptocurrency exchange platform Blockchain.com has reportedly secured regulatory approval from Dubai’s Virtual Assets Regulatory Authority, or VARA.According to a Friday report from Reuters, VARA signed an agreement which will allow Blockchain.com to open an office in Dubai. The crypto firm currently operates several offices in North America, Europe, South America, and Singapore.Great work by the team....