Binance, the largest crypto exchange by trading volume, is recruiting over 100 positions in the UAE and is helping to shape Dubai’s new virtual assets’ regulations, its MENA regional head said. As Reuters reported, Binance’s activity in the Gulf state has boosted in recent months as the UAE tries to style itself as the world’s…
The Qatar Central Bank (QCB) is currently exploring a central bank digital currency (CBDC) and digital bank licensing, a top official said. The Middle Eastern nation is also weighing issuing licenses for digital banks as it seeks to digitize payments. The Qatar Central Bank intends to soon reveal its direction on CBDCs, Alanood Abdullah Al…
We looked at two landmark documents pertaining to cryptocurrency legalization in Europe: the EU Markets in Crypto-Assets regulation (MiCA) and a similar paper from the central bank of Great Britain. These massive and extremely substantive pieces consist of hundreds of pages outlining the European vision of cryptocurrencies’ role and place in the modern world and…