Tag Archives: UAE

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...

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...

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...

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, today announced that it has secured an FSP from Abu Dhabi Global Market (“ADGM”)’s Financial Services Regulatory Authority (“FSRA”) effective as of 07 February 2022. Following receipt of this FSP, SEBA Bank has opened an office in Abu Dhabi ADGM to strengthen support for its regional partners in the provision of regulated digital asset services. The FSP authorises SEBA Bank to conduct regulated activities in the...

The United Arab Emirates (UAE) is going to be hard on crypto scammers as it works to end all fraud in the industry. Regulators have stated that anyone taking part in a crypto scam of any kind will face up to five years in prison and be required to pay a hefty fee. This new law is set to take effect tomorrow on January 2, 2022. The UAE Works to Handle Crypto Scams 2021 was arguably the year for crypto. Bitcoin, for example, rose to a whopping $68,000 per unit – the...