#Crypto assets

Bitcoin tops $72,000 as demand frenzy intensifies

Bitcoin hits record above $72,000 as demand frenzy intensifies

The world’s most valuable cryptocurrency has been boosted by a flood of cash into new spot bitcoin exchange-traded funds

Binance withdraws Abu Dhabi licence application

Binance withdraws Abu Dhabi licence application

The licence would have allowed the crypto exchange firm to manage a collective investment fund

Finding the right balance Virtual assets regulation in the UAE

Finding the right balance: Virtual assets regulation in the UAE

The new CBUAE guidance related to the virtual assets sector is aimed at strengthening the supervisory and regulatory frameworks of the country’s central bank and other relevant bodies in line with global best practices

VARA fines OPNX

Dubai’s VARA fines Three Arrows founders over OPNX crypto project

VARA became aware in February that OPNX was soliciting customers for its platform and collecting personal data

BitOasis is poised to become the first to receive an FMP licence

BitOasis secures MVP operational license from Dubai’s VARA

The crypto trading platform plans to launch new virtual asset products with a continued focus on driving accessibility and consumer protection

Crypto

Crypto Bridge Nomad drained of nearly $200m in security exploit

The software system was drained of funds over hours and in small batches by various accounts, blockchain data shows

How tokenisation is transforming culture

Tokenisation turns consumers into investors, creating multiple revenue streams while increasing consumer engagement for brands, from fashion to music

Binance gets in-principle approval in Bahrain to provide crypto services

Bahrain has been one of the Middle East’s early adopters in the digital assets space

Dubai-world-trade-centre-DWTC

CoinMENA partners with DWTC to set up crypto asset and blockchain hub in Dubai

The MoU was signed during the opening day of the Future Blockchain Summit at GITEX Global 2021