Tag: DubaiCrypto

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…

Samana Developers announced plans to accept Dogecoin as payment right before the launch of its Jumeriah Village Circle Subai residential project this summer. A Dubai developer announced on Wednesday it plans to begin accepting Dogecoin as a payment option for its latest project launch, despite recent turbulence in cryptocurrency markets. Samana Developers made the announcement…

Now in the Dubai Airport Free Zone Authority it is possible to obtain a business license for companies trading in cryptocurrency assets. Companies trading with crypto assets can now obtain a business license at the Dubai Airport Free Zone Authority (DAFZA) in a new agreement that supports the mainstream use of blockchain technology. The free…

Ruja Ignatova of OneCOIN allegedly owns 230,000 bitcoins, worth more than $ 11 billion. Known as “The Crypto Queen”, she received bitcoins from a member of the royal family of the Emirates in Dubai, according to documents filed by victims of the Onecoin scheme Onecoin’s Cryptoqueen May Have $11 Billion in Bitcoin Onecoin’s Ruja Ignatova…