StraitsX, the pioneering payments infrastructure for the digital assets space in Southeast Asia, has today announced the listing of XSGD, its Singapore dollar-pegged stablecoin, on Bitstamp, the world …
Dubai’s VARA Legal Shift Forces 7 Crypto Entities to Decamp
Dubai’s VARA fines seven crypto firms for breaching marketing rules, enforcing new regulations on virtual asset promotions.
Dubai’s VARA Legal Shift Forces 7 Crypto Entities to Decamp
Dubai’s VARA fines seven crypto firms for breaching marketing rules, enforcing new regulations on virtual asset promotions.
Global Unicorns and Crypto Exchanges to Gather at Future Blockchain Summit 2024
Powered by GITEX Global, the seventh edition of Future Blockchain Summit will bring together more than 1200 investors, 150 exhibitors, and 120 speakers from across countries at the iconic Dubai …
OKX Transforming Dubai’s Cryptocurrency Landscape with Exchange Launch
OKX, one of the leading global cryptocurrency exchanges, has officially launched its services in Dubai, marking a significant development in the emirate’s burgeoning digital asset market. The exchange …
Global unicorns and crypto exchanges to gather in Dubai
Global unicorns and crypto exchanges will gather in Dubai for the Future Blockchain Summit 2024, the region’s most immersive large-scale blockchain event, which will kick off on October 13 at Dubai …
CZ to make first public appearance at Binance Blockchain Week in Dubai in October
Binance’s ex-CEO Changpeng Zhao (CZ) is out of jail and will make his first public appearance in Dubai this October. CZ will attend the Binance Blockchain Week in Dubai on October 30-31 in his …
OKX becomes first major crypto exchange to launch AED-denominated trading in UAE
OKX launched its AED-denominated trading service in the UAE after earning full regulatory approval from the VARA.
Binance and TOKEN2049 announce a new partnership, joining forces within the UAE
Two of the largest players in Web3 unite to enhance the Middle East’s position as a global hub for blockchain innovation …
Dubai, Switzerland, South Korea Named Leading Crypto Hubs in 2024
Dubai, Switzerland, and South Korea have managed to take the lead in shaping the future of the crypto industry.
Monero (XMR), ZCash (ZEC) and Other Privacy Coins Face Highest Delisting in 2024
Amid the strong regulatory actions in 2024, privacy coins like Monero and ZCash have faced the highest delisting from crypto exchanges.
EIGEN, A Re-staking Protocol, Will Be Listed on CoinW Exchange
At launch, EigenLayer’s native token EIGEN has a total supply of 1,673,646,668.28466 tokens, symbolically encoded with the phrase “open innovation” on a classic telephone keypad. The token …
UAE Scraps Value Added Tax on Crypto Transactions, Binance Foresees Rapid Growth in Web3 Businesses
The UAE, on the other hand, has not only revised its tax regime for crypto but has also established the VARA framework of regulations to comprehensively govern the Web3 sector. As part of its tax …
Binance Launches Largest Trading Event ‘Traders League’ With $10 Million Prize Pool
Binance Traders League is designed to be inclusive, offering a variety of challenges that engage participants of all experience levels and cater to their trading preferences. Solo competitions will …
UAE crypto push continues as Kraken invades Abu Dhabi
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the …
UAE Sets Stage for Crypto Boom With New Tax Exemption Policy
The UAE exempts crypto transactions from VAT starting Nov 2024, fostering crypto growth and investment in Dubai’s ecosystem.
Is UAE setting the stage for a crypto revolution with VAT exemption?
This decision marks a pivotal shift in the nation’s approach to digital currencies, with the UAE positioning itself as a leader in crypto-friendly regulations.