Tag: Dubai

Eros Investments, India’s investment company, has partnered with Dubai’s Virtual Asset Regulatory Authority (VARA). It plans to fund and support more than media, art, and entertainment 100 startups by 2025. Eros Investments, run by India’s Lulla family, plans to develop Web3 and blockchain businesses out of Dubai as part of a partnership deal to operate…

Museum of the Future, a futuristic Emirati museum in Dubai, has teamed up with leading crypto exchange Binance to cultivate and present a collection of NFTs. Celebrating International Museum Day, the museum, deemed the world’s most beautiful and futuristic building, is introducing a brand new concept that talks about the possibilities of the future. Launched…

As the Middle East becomes a global hub in blockchain adoption, the head of the BSV Blockchain Association, Jimmy Nguyen, has presented the features of the BSV enterprise blockchain at the University of Dubai. The Association has also funded research development projects with the local universities, where students use blockchain technology. Lately, the Middle East…

Dubai’s Virtual Assets Regulatory Authority (VARA) announced plans to establish its metaverse headquarters in The Sandbox virtual world. Thus, VARA would become the world’s first regulator to enter the metaverse, showcasing the government’s attempts to turn Dubai into a hub for the digital economy. VARA said in a statement that its move into the metaverse…

Following the world’s media coverage of Dubai’s new crypto laws announced in March, traditional businesses and institutions, such as shops, schools, and delivery services, in the UAE are promptly embracing digital currencies. Arab News released a panoramic report on how businesses in Dubai gradually adopt payments and salaries in crypto. After the several global crypto…

Three Arrows Capital, a crypto hedge fund, moves its headquarters from Singapore to Dubai as the UAE is gradually replacing Singapore as a crypto mecca. Bybit, Binance, Kraken, and FTX are setting up offices in the UAE as crypto migrates from traditional far eastern financial centers. Lately, the UAE continues to market itself as a…