Dubai news articles
Dubai crypto regulator fines OPNX $2.7 million for this offence
VARA also fined $54,000 to OPNX leaders for violating advertising laws. The individuals have paid the fines, unlike the exchange. It has com...
Dubai Regulator Slaps $2.7 Million Fine On OPNX, OX Token Tanks 8%
OPNX has been hit with a $2.7 million fine from Dubai’s Virtual Assets Regulatory Authority. VARA has also slapped a fine of $54,000 on ea...
3AC founders fined by Dubai regulator over OPNX exchange
The founders of the collapsed digital asset hedge fund Three Arrows Capital (3AC) Kyle Davies and Su Zhu are now facing a fine issued by Dub...
3AC Founders’ OPNX Fined $2.7M by Dubai Crypto Regulator
The exchange co-founded by Kyle Davies, Su Zhu and Mark Lamb was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in M...
Dubai lures AI, Web3 enterprises with 90% subsidized commercial licenses
Dubai has started offering commercial licenses to artificial intelligence (AI) and Web3 businesses at a 90% subsidy as it works to create th...
Bankrupt Crypto Exchange FTX Wants Dubai Entity Detangled From US Bankruptcy Filings: Here’s The Latest
Bankrupt digital asset exchange FTX has filed a motion to exclude its Dubai entity from the ongoing bankruptcy proceedings in the United Sta...
FTX Seek Dubai’s Unit Bankruptcy Dismissal And Settlements Ahead FTX 2.0 Launch
Beleaguered crypto exchange FTX files a motion to dismiss Chapter 11 bankruptcy for its subsidiary in Dubai. The debtors also seek the court...
FTX files motion to exclude its Dubai unit from bankruptcy proceedings
Bankrupt crypto exchange FTX filed a motion in court to remove its Dubai unit from the ongoing restructuring proceedings in the United State...
News Explorer — FTX Seeks to Exclude Dubai Unit From Bankruptcy Proceedings, Citing Lack of Business Activity
FTX Seeks to Exclude Dubai Unit From Bankruptcy Proceedings, Citing Lack of Business Activity FTX, the bankrupt crypto exchange, has filed c...
FTX Wants Dubai Unit Removed From U.S. Bankruptcy Proceedings
Liquidating FTX Dubai under UAE law would make way for the timely distribution of any outstanding liabilities, the bankrupt estate argued in...
Nomura’s Crypto Division “Laser Digital” Obtains Operating License in Dubai
Crypto News The Virtual Asset Regulatory Authority (VARA) in Dubai has granted an operating license to Nomura’s subsidiary for digital...
Dubai expands crypto licenses, granting approval to Nomura
Dubai has granted a coveted full crypto license to a subsidiary of Japanese financial giant Nomura Holdings Inc., according to BNN Bloomberg...