Archives for: October 18th, 2022

The Dubai police are now in the Metaverse

Written by: ( October 18, 2022 )

In 1992, the Metaverse made its debut in the tech scene with Neal Stephenson’s Snow Crash. This virtual world concept has become reality, growing to become a multi-billion-dollar industry. It is slowly gaining interest from major corporations around the globe, including from Dubai police. Gitex Technology Week was a landmark event when Dubai’s Ajman Police […]

Cryptocurrency exchange FTX heads to Dubai following licensing approval

Written by: ( July 29, 2022 )

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 […]

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

Written by: ( December 20, 2021 )

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 […]