iBLOXX Proprietary Trading gets DMCC crypto trading license

    iBLOXX Proprietary Trading DMCC, a fintech trading firm based in Dubai, announced last week that they had been granted the License for Proprietary Trading in Crypto Commodities by Dubai Multi Commodities Center. iBLOXX designs AI and Machine Learning algorithms to manage active trading models for various instruments across traditional and crypto commodity markets. “This license…

    Binance appoints ex-Singapore CEO as MENA region head

    World’s biggest crypto exchange, Binance appointed Richard Teng, who joined Binance Singapore as its chief executive officer four months ago, on a new role as the global entity’s head for the Middle East and North Africa. According to his LinkedIn profile, Teng was a director for corporate finance at the MAS before. Richard Teng, who…

    Binance signs deal with Dubai World Trade Centre

    On Tuesday, crypto exchange Binance signed a cooperation deal with Dubai World Trade Centre Authority (DWTCA), working on setting up an international virtual asset ecosystem. This government-backed Dubai project aims to set up an attractive environment for the crypto industry. As Reuters reported, The Dubai World Trade Centre (DWTC) said on Monday that it will…

    Abu Dhabi state fund Mubadala invests in the crypto ecosystem

    CEO of Abu Dhabi’s Mubadala told CNBC about its fund’s investments in crypto and blockchain ecosystems. As Reuters reported, Abu Dhabi state fund Mubadala has invested in the ecosystem around cryptocurrencies, such as blockchain technology, given the increase in the digital currency’s market value, its CEO Khaldoon al-Mubarak said in an interview on CNBC. “I…

    The Global Distributed Cloud Storage Summit held in Abu Dhabi

    On December 15, the Global Distributed Cloud Storage Summit (DCS 2021), a prominent blockchain event with over 20,000 delegates, was officially started at the Abu Dhabi National Exhibition Centre in the United Arab Emirates. Right in the heart of the UAE, this summit is a blockchain festival drawing in the best-in-blockchain industry from around the…

    Dubai-based all-in-one crypto exchange A to Z Globe starts operations for cash

    A to Z Globe, the all-in-one crypto exchange, announced its launch to buy and sell Bitcoin and many other cryptocurrencies in Dubai to facilitate crypto trading for cash. A to Z Globe is a Dubai-based OTC crypto exchange store to buy and sell Bitcoin and over 2000 other cryptocurrencies for cash. It is a well-known…