#crypto

OKX shakes up Dubai’s crypto scene with new exchange

The launch was announced at a gala event at the Museum of the Future, Dubai, on October 10, 2024.

TAX

The newest VAT exemptions for UAE crypto, investment firms

The UAE’s new VAT updates will impact several sectors, with investment fund management and virtual assets receiving key exemptions

crypto

Crypto crime falls by 20%: Here’s what that means

Legitimate activity is growing more quickly than illicit activity, but stolen funds and ransomware activity continued to rise in 2024

Cryptocurrency Dubai DMCC

UPDATED: Dubai court ruling on cryptocurrency wages sparks debate

The decision reinforces the importance of clear contractual terms, ensuring that both traditional and cryptocurrency forms of payment are adequately addressed

Fastex

Fastex announces opening of its new office at Dubai World Trade Center’s One Central

The expansion and the location demonstrate Fastex’s dedication to growth and integration within the Dubai business landscape

Power Letters 2024: Caroline Malcolm, VP of Global Public Policy, Chainalysis

Power Letters 2024: Caroline Malcolm, VP of Global Public Policy, Chainalysis

Forward-focused regulation has earned the UAE a coveted position in the global crypto community, making the year ahead a promising one for digital assets

Daily Insider: Hard times for crypto as Zhao drama bites

The exit of CZ from Binance and his subsequent legal troubles in the US is just another unsurprising drama enveloping the controversial world of cryptocurrencies.

Binance’s $956m exodus: CZ exit sparks outflows

Crypto currency exchange Binance has seen almost $1bn in outflows after Changpeng Zhao stepped down to settle a US probe.

Phoenix Group gears up for Abu Dhabi IPO

UAE’s Phoenix Group gears up for IPO in Abu Dhabi

Founded in 2017, the company is set to be the first privately owned crypto and blockchain entity to be listed on a Middle East stock market

crypto currency

Cryptoverse: ‘It’s a knife fight’ as traders get tokenised

As crypto prices see-saw ahead of their next swerve, the market for “tokenisation” may finally be reaching a critical mass

AUS Bybit establish scholarship fund Image WAM

American University of Sharjah, Bybit establish new scholarship fund

The fund will support 20 students to drive their academic and research efforts towards fintech and blockchain at American University of Sharjah

Bitcoin miners

Largest Bitcoin miners lost over $1bn during crypto crash

Core Scientific, Marathon Digital Holdings and Riot Blockchain posted net losses of $862m, $192m and $366m, respectively