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Cryptocurrency exchange FTX heads to Dubai following licensing approval

FTX Exchange, the Middle East Division of cryptocurrency platform FTX Europe, has been approved to enter Dubai’s Minimum Viable Product (MVP) program for virtual assets. This program is operated by the emirate’s Virtual Asset Regulatory Authority (Vara). The San Francisco-based company released a statement Friday stating that FTX is now the first virtual asset service […]

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Dubai sets up new cryptocurrency regulator as it looks to become a crypto hub

The United Arab Emirates (UAE) continues to emerge as one of the world’s biggest cryptocurrency-friendly jurisdictions. The government of the country has a new initiative to support local cryptocurrency development and regulation. Officially announced December 20, the Dubai World Trade Centre (DWTC) will be a government-owned exhibition and event venue in Dubai and will become […]

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