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Tag Archives: dubai

Big Opportunity? A modern way for anyone to invest in real estate

Dubai steht vor Immobilien-Boom. Auf der Crowdinvest-Plattfrom Stake kann jeder mitinvestieren. Gewinne und Zinsen werden monatlich ausbezahlt. Dubai is pretty Bitcoin friendly. And Dubai is currently experiencing a renaissance. The expo was not only a great achievement for Switzerland, but also for all those involved. Not least for the tourism industry. It set a new record in spite of the travel restrictions. However, Dubai is also on the brink of...

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Dubai Regulator Will Open Offices in The Sandbox Metaverse

The government of Dubai is not slowing down its efforts to promote the development of the local crypto industry and its appeal to crypto enthusiasts. On May 03, The Dubai Virtual Assets Regulatory Authority (VARA) announced the purchase of a piece of land in The Sandbox metaverse, meant for the development of virtual headquarters. According to an official statement, the VARA is stepping into the Metaverse to reach a “borderless audience,” while also improving social inclusion...

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Dubai Property Developer to Accept Bitcoin and Ethereum Payments

Major Dubai-based real estate developer Damac Properties has revealed that it would receive payment for property in cryptocurrency. Buy Property With Bitcoin and Ether According to Khaleej Times, Damac said it would add payments for any of its properties that can be made in Bitcoin and Ether, the two largest crypto assets by market capitalization. The company noted that enabling such payment will give more options and will be convenient for real estate investors. Also, the...

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Kraken goes Abu Dhabi

Bitcoin-Urgestein Kraken expandiert nach Abu Dhabi (VAE) Nicht in jedem Land ist es einfach, mit Kryptowährungen zu handeln. Behördliche Vorgaben machen es Tradern in Abu Dhabi schwer, Bitcoin, Ethereum und Co. zu kaufen. Die gute Nachricht: Nach Binance konnte Kraken eine der begehrten Handelslizenzen ergatter. Als zweites Unternehmen überhaupt. Damit baut das US-amerikanische Unternehmen seine globale Marktposition weiter aus. Für Investoren vor...

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Stake: Investieren in Dubai

Dubai ist ziemlich Bitcoin-freundlich. Und Dubai erlebt gerade eine Renaissance. Die Expo war nicht nur für die Schweiz, sondern für alle Beteiligten ein Riesenerfolg. Nicht zuletzt für die Tourismus-Branche. Diese hat trotz Reisebeschränkungen einen neuen Rekord aufgestellt. Dubai steht allerdings auch vor einem grossen Boom im Immobilien-Bereich. Es wird soviel gebaut wie fast nirgendswo auf der Welt. Eine neue Weltstadt entsteht. Und das Gute...

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WazirX CEO, COO Move Out of India to Dubai: Report

A news report suggesting that India’s hostile policy towards the digital asset sector is leading to an exodus of crypto-entrepreneurs from the country has said that Nischal Shetty and Siddharth Menon, both co-founders of WazirX, have left India along with their families for Dubai. Shetty and Menon are CEO and COO at WazirX, respectively. The Binance-operated company, the largest Indian crypto exchange by volume, is among the many local trading venues that had seen a sharp...

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Survey Shows Crypto Trust in UAE at an All-Time High

The United Arab Emirates (UAE) is becoming a major crypto haven and experiencing a huge boom in usage. Not long ago, the nation found itself at the center of regulatory interest following the unveiling of its new virtual asset law, and now it looks like one in five people within the country are looking to trade crypto on a regular basis. The UAE Is Seeing a Huge Surge in Crypto Use A recent survey suggests that about 67 percent of UAE citizens are looking to become...

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Dubai Is Finding Itself at the Center of Crypto Regulation

Dubai – the capital of the United Arab Emirates in the Middle East – has unveiled a new digital currency law that apparently a lot of other countries could learn from. The law allows for increased innovation and investor protection in the space while also permitting banks to do their jobs in making sure that all crypto activity is regulated and safe. Dubai Is Instilling a New Crypto Law Jonathan Levin of Chainalysis fame is speaking at this week’s World Government Summit...

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Crypto Exchange Bybit Moves Its Main Station to Dubai

Popular cryptocurrency exchange Bybit is moving its business to the United Arab Emirates (UAE), and its headquarters will be situated in the nation’s capital of Dubai. Bybit Has Its Sights Set on the UAE Bybit provides a wide array of crypto and blockchain-related services and tools for customers to enjoy. The company says it is fully committed to the regulatory efforts of the UAE, and that it will obey all laws implemented by state officials. Bybit is also creating an...

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Binance Considers Obtaining a License to Operate in Dubai

Binance Holdings Ltd. is currently in deliberations over a license to operate in Dubai, thereby boosting its presence in the Middle East. This was first reported by Bloomberg, citing a ‘person familiar with the matter’. Binance anticipates an accreditation to operate as a service provider in the Dubai World Trade Centre ‘free zone’ as soon as possible. This comes after the EU clarified that crypto ‘is falling under the sanctions imposed by them upon Russia and Belarus’. The...

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