FTX and Binance get approval for a crypto license in Dubai

    Popular crypto exchanges FTX and Binance have received new licenses to operate in Dubai and Bahrain. Crypto giants are setting up the stage for a major push in the Middle East. FTX’s European and Middle East affiliate (FTX Europe & MENA) announced Tuesday it had been licensed to establish and operate Virtual Asset Exchange and…

    Pandemic leads crypto entrepreneur to new business in Dubai

    Сrypto businessman Ilman Shazhaev got stuck in Dubai in the wake of the COVID-19 lockdowns. However, he realized soon that Dubai is the best place to conduct international business. In a Cointelegraph interview, Shazhaev shared that he got stranded in the Middle-Eastern country during the pandemic lockdowns. However, he soon realized that it was a…

    Binance seeks to obtain a Dubai license as the Emirate adopted a law on virtual assets

    Binance Holdings is in talks to obtain a license to operate in Dubai, said Bloomberg, citing a person familiar with the matter. The move comes after Dubai adopts its first law governing virtual assets. As Bloomberg reported Wednesday, the world’s largest crypto exchange Binance is in talks with the Dubai World Trade Centre free zone…

    AIBC Akon Investor’s Breakfast opens doors for startups

    AIBC Dubai has announced that it will hold a breakfast event for investors during the upcoming March summit. The AIBC breakfast will offer 10 start-up companies a unique opportunity to pitch their projects to an elite team of investors. Akon at the AIBC Summit during Malta Week 2021. The private breakfast will take place on the second day…

    The Dubai-based Dexorca Exchange hosts the Arab Blockchain Summit this May

    Dexorca Exchange, the world’s first hybrid, decentralized exchange, will hold the 1st Arab Blockchain Summit (ABS) on May 28 at Burj Khalifa, Dubai. The event will host the programs such as networking, technology MOUs, and conferences in the related industries that reflect the needs of the Middle East virtual assets market, which has recently grown…

    Dogecoin-themed burger restaurant opens in Dubai

    A new cryptocurrency-themed restaurant called “Doge Burger” has launched in Dubai, allowing customers to pay for their food using digital assets. It will offer many “doge-inspired” burgers which can be delivered directly to customers’ doors. The restaurant is a virtual one available through delivery. According to Timeout Dubai, the virtual restaurant was launched by Rocket…