BIS, NY Fed test smart contracts for tokenized monetary policy
Under Project Pine, the two led a consortium of central banks in testing how they can use smart…
Browsing Tag
Virtual Asset Regulatory Authority
13 posts
Saudi Arabia’s Web3 alliance; Dubai warns against memecoins
In other news, Dubai’s VARA warned consumers about the dangers of investing in memecoins, stating they are „highly…
UAE leads as Middle East embraces digital assets
Chainalysis found that the UAE recorded 42% YoY growth, receiving $30 billion in digital assets in the year…
CoinMENA secures Dubai VARA license for broker-dealer services
With the VARA license, CoinMENA can offer full-scale broker-dealer services and instant transactions in Dubai, a major step…
Dubai: With a VASP license, GCEX can now serve Gulf’s institutional investors
GCEX has secured Dubai VASP license for institutional investors, leveraging XplorDigital, prioritizing regulatory compliance, and planning Web 3-aligned…
Dubai’s VARA shifts leadership for market operations following CEO departure
Dubai’s VARA is reshaping leadership for market growth as CEO Henson Orser departs. Finance expert Mathew White is…
Laser Digital obtains in-principle approval to operate in Abu Dhabi’s financial free zone
Laser Digital has secured approval from Abu Dhabi Global Market to offer digital currency and traditional asset services,…
Dubai’s VARA grants Komainu full operating license after rigorous process
With the full operating license, Komainu is expanding its digital currency services beyond custody with institutional staking and…
Dubai’s VARA approves digital asset staking for VASPs under amended rule
VARA’s latest amendment opens doors for Dubai’s custodial firms to stake digital currencies, eliminating extra licensing hurdles and…
OPNX violations land 3AC founders with $2.7M fine by Dubai’s VARA
Dubai’s VARA fines Three Arrows Capital founders $2.7 million for OPNX exchange violations and imposes fines on individual…