Dubai’s crypto regulator has initiated a crackdown on unregulated crypto companies and firms violating its marketing rules. On Oct. 9, Dubai’s Virtual Assets Regulatory Authority (VARA) issued fines and cease-and-desist orders to seven businesses for breaching marketing regulations and operating without required licenses. VARA said it’s conducting further investigations in collaboration with other local authorities. The regulator…
Increasing regulatory clarity around spot Bitcoin and Ether exchange-traded funds (ETFs) in the United States and Asia has encouraged almost half of traditional hedge funds to obtain exposure to digital assets. A survey conducted by the Alternative Investment Management Association and PwC revealed that 47% of hedge fund managers trading in traditional markets have exposure…
Binance Blockchain Week Dubai 2024 brings together leading figures in blockchain to discuss the future of Web3 and foster innovation through keynotes, interactive sessions and workshops. Innovation rarely happens in isolation in the fast-paced world of Web3. Instead, it emerges from conversations, collaborations and the exchange of bold visions. Conferences have increasingly become the breeding ground…