/ UAE
/ Crypto
Dubai Regulator Fines 3AC Founders’ New Exchange $2.7M
Dubai's top financial regulator VARA issued a $2.7 million fine to OPNX in May. The fine was imposed in May and remains unpaid.
August 16, 2023
Kuwait Bans All Crypto-Related Activities to Fight Money Laundering
To tackle money laundering and terrorist financing, Kuwait announced an absolute ban on crypto activities.
July 20, 2023
A New Retail Era for Crypto in Hong Kong
China’s semi-autonomous city state, Hong Kong, is implementing new crypto trading rules as of June 1st, kickstarting retail trading under a new regime.
May 31, 2023
Abu Dhabi Entices Web3 Businesses with $2B Initiative
Abu Dhabi launches "Hub71+ Digital Assets" - a $2b initiative to back local Web3 and blockchain startups.
February 15, 2023
New Dubai Regulations Require Crypto Firms to Obtain License
Dubai's independent virtual asset regulator VARA unveiled a comprehensive set of regulations for crypto firms.
February 07, 2023
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