Crypto in the desert: The founders of a VC fund explain why Dubai is the next global hub

    – CV VC invests in blockchain start-ups across Europe, Africa, and the Middle East. – It recently launched a Dubai incubation program, offering firms up to $125,000. – Its CIO and Dubai managing partner spoke to Insider about the fund’s expansion plans. For some industry insiders, a second ‘crypto valley’ – the major blockchain hub…

    Dubai becomes a haven for crypto enthusiasts

    Dubai government has remained crypto-friendly to promote investment in the sector. With no capital gains tax and ease of buying and selling anonymously, Dubai makes life easy for crypto investors. Lack of tax on income or capital softens the anti-money-laundering laws in the emirate. Dubai, a prosperous city in the United Arab Emirates (UAE), might…

    Dubai Expo 2020: Crypto and blockchain conferences in UAE

    Amid the Dubai Expo 2020, many crypto and blockchain events are being held in Dubai right now. From now till the end of 2021, the series of events keep coming. The United Arab Emirates (UAE), especially Dubai, is known for its friendly position in the crypto and blockchain spaces. Dubai has rapidly become a city…

    Dubai Police teams up with a crypto platform to combat frauds

    Dubai Police has teamed up with cryptocurrency trading platform BitOasis to educate investors and traders about crypto fraud. The collaboration aimed to educate investors and traders more about the sector. As Arab News reported, Ola Doudin, CEO of Crypto exchange BitOasis said: “We have been working with key policymakers to help them build regulation that…

    Mineplex lauds its 1st anniversary in Dubai

    This week, Mineplex has celebrated its maiden year at Ritz-Carlton Hotel, Dubai International Financial Centre (DIFC) in Dubai. The unprecedented CrossFi Mineplex successfully launched and operating the blockchain by indicating stability in its PLEX token during the hard days of the crypto market. More than 150 guests lauded its stable performance around the year. Mineplex…

    UAE financial regulators approve crypto assets trading

    The UAE’s financial regulator has approved a regulatory framework for trading crypto assets in one of Dubai’s free trading zones. The United Arab Emirates’ Securities and Commodities Authority (SCA) has signed an agreement with the Dubai World Trade Centre Authority (DWTCA) to support regulation of cryptocurrencies within DWTCA’s free zone, Reuters reports. The new initiative…