Dubai to Host 10th P2P Financial Systems International Workshop with VARA’s Collaboration
The DLT Science Foundation is excited to announce that Dubai will host the 10th P2P Financial Systems International Workshop (P2PFISY 2024) on October 16-17, 2024. This landmark event, which celebrates a decade of groundbreaking discussions and research in decentralized finance, will bring together global leaders, regulators, and academics to explore the future of financial systems. […]
Crypto Exchanges Flood Turkey with License Applications amid New Regulations
International cryptocurrency exchanges are flocking to Turkey in response to the country’s recent clarification of its regulatory stance on crypto. The Turkish Capital Markets Board (CMB), Turkey’s financial regulatory authority, has reported a surge in applications, with 47 crypto exchanges, including industry giants like Binance, Bitfinex, and OKX, expressing their intention to operate in the […]
DIFC and Ripple Collaboration Aims to Drive Blockchain Adoption in UAE
Ripple has announced a strategic partnership with DIFC Innovation Hub. This collaboration aims to accelerate blockchain and digital assets innovation in the UAE. The partnership will connect developers with the DIFC Innovation Hub, the largest innovation community in the region. This community is home to more than 1,000 tech firms, digital labs, venture capital firms, […]
Adaverse Identifies Saudi Arabia as the Premier Destination for Web3 Entrepreneurs and Investors in New KSA-focused Web3 Report
Adaverse proudly announces the release of its inaugural “State of Web3 in Saudi Arabia,” a landmark publication aimed at positioning Saudi Arabia as a prime destination for Web3 entrepreneurs, investors, and talent from around the globe. This comprehensive report provides a detailed analysis of the Kingdom’s rapidly evolving Web3 ecosystem, underscoring its readiness for international […]
Abu Dhabi Blockchain Center Officially Unveiled
The Blockchain Center in Abu Dhabi has been officially unveiled, reflecting the region’s ongoing efforts to foster innovation and growth in the digital transformation ecosystem. This center aims to establish Abu Dhabi as a global leader in blockchain technology and innovation, focusing on creating a thriving ecosystem that supports startups, enterprises, and academic institutions through […]
M2 Exchange Introduces Direct Bank Account Transactions for Bitcoin and Ethereum
M2 Exchange, a rapidly growing cryptocurrency platform, has announced a new service that allows UAE residents to buy and sell Bitcoin and Ethereum directly through their bank accounts. This marks a significant step for the platform, positioning it as a formidable contender in the cryptocurrency market. Stefan Kimmel, the CEO of M2 Exchange, explained the […]
M2 ADGM Announces Seamless UAE Bank Account Integration for Virtual Asset Transactions
M2 ADGM, a virtual asset custodian and Multilateral Trading Facility regulated by the Financial Services Regulatory Authority (FSRA) located in the Abu Dhabi Global Market (ADGM), has announced a new integration that allows UAE residents to buy and sell Bitcoin (BTC) and Ethereum (ETH) directly through their bank accounts. This new feature marks a significant […]
VARA Grants Full Operational Approval to Aquanow Following Varni Labs’ Recent License
Aquanow, a prominent player in the cryptocurrency infrastructure sector, has been granted full operational approval by Dubai’s Virtual Asset Regulatory Authority (VARA). This endorsement allows Aquanow to provide a range of services, including Broker-Dealer, Lending and Borrowing, and Management and Investment Services throughout the region. The VARA license represents a crucial step in Aquanow’s global […]
ADGM RA Prioritizes DLT Foundations Oversight in 2024 Regulatory Agenda
In November 2023, the Registration Authority (RA) of Abu Dhabi Global Market (ADGM) took a monumental step in the evolution of digital asset regulatory frameworks by officially releasing the Distributed Ledger Technology (DLT) Foundations Regulations 2023. This landmark legislative structure is designed to offer a comprehensive framework for DLT Foundations and decentralized autonomous organizations (DAOs), […]
Exscape Appoints Faisal Zaidi as New President
Exscape, a cutting-edge interactive media platform that merges play-to-win gaming, social interaction, and the metaverse into a unified experience, announces the appointment of Faisal Zaidi as its new President, effective July 15, 2024. Founded by a team of veteran digital industry entrepreneurs and professionals, Exscape was launched in 2021 to address the increasingly fragmented nature […]