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Abu Dhabi Global Market (ADGM)

Crypto Seen as Investment Opportunity in the MENA Region Says Iceberg Capital Executive Chairman

Crypto Seen as Investment Opportunity in the MENA Region Says Iceberg Capital Executive ChairmanWhile interest in digital assets has waned in some parts of the world, in the Middle East and Northern Africa adoption of crypto has been skyrocketing according to Mustafa Kheriba, the executive chairman of the asset management firm Iceberg Capital Limited. According to Kheriba, factors such as high inflation and residents’ desire for high-return investment […]

History Suggesting Bitcoin (BTC) Should Hold Current Levels, According to Analyst – Here’s Why

Abu Dhabi Global Market Financial Regulator Unveils Virtual Asset Regulation ‘Guiding Principles’

Abu Dhabi Global Market Financial Regulator Unveils Virtual Asset Regulation ‘Guiding Principles’Abu Dhabi Global Market’s financial regulator, the Financial Services Regulatory Authority (FSRA), recently unveiled six principles that will guide its “approach to virtual asset regulation and supervision.” Though not legally binding, the principles, according to the FSRA, must be “viewed as a complement to the comprehensive detail of our published framework.” A ‘Basis for Regulatory […]

History Suggesting Bitcoin (BTC) Should Hold Current Levels, According to Analyst – Here’s Why

Report: 11.4% of UAE Residents Have Invested in Cryptocurrencies

Report: 11.4% of UAE Residents Have Invested in CryptocurrenciesJust over 11% of United Arab Emirates (UAE) residents have invested in cryptocurrencies, a report issued by the country’s Telecommunications and Digital Government Regulatory Authority (TDRA) has reportedly said. Globally, the United Arab Emirates is now ranked tenth in terms of cryptocurrency investment rate. UAE’s Mission to Become a Global Crypto Hub According to a […]

History Suggesting Bitcoin (BTC) Should Hold Current Levels, According to Analyst – Here’s Why

Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper

Regulatory Arm of UAE Financial Centre Releases Defi Discussion PaperThe regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (defi). The paper also makes clear the regulator’s stance regarding the anonymity of defi transactions. Paper Not Guidance for Financial Institutions The FSRA, a regulatory arm of […]

History Suggesting Bitcoin (BTC) Should Hold Current Levels, According to Analyst – Here’s Why

Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset Regulations

Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset RegulationsThe Financial Services Regulatory Authority (FSRA), a regulator in the United Arab Emirates (UAE)’s financial center and free zone, the Abu Dhabi Global Market (ADGM), has released a consultation paper that proposes amendments to regulations that govern the use of virtual assets. Regulator Seeks to Amend Requirements for Public Keys A regulator in the Abu […]

History Suggesting Bitcoin (BTC) Should Hold Current Levels, According to Analyst – Here’s Why

Regulator Says UAE ‘Closer to Issuing the Regulatory and Supervisory Framework’ for VASPs

Regulator Says UAE ‘Closer to Issuing the Regulatory and Supervisory Framework’ for VASPsThe United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA) has said. FATF Recommendations A UAE securities regulator, the SCA has said it is getting closer to “issuing the regulatory and supervisory framework related to virtual […]

History Suggesting Bitcoin (BTC) Should Hold Current Levels, According to Analyst – Here’s Why

Swiss Crypto Bank SEBA Gets License to Operate in UAE Financial Center

Swiss Crypto Bank SEBA Gets License to Operate in UAE Financial CenterThe Swiss crypto bank, SEBA Bank, was recently granted a license to operate in the Abu Dhabi Global Market (ADGM), the UAE’s financial center. The license allows SEBA to conduct regulated services. SEBA’s Strategy The Swiss-registered digital asset bank, SEBA Bank, has been granted a license that allows it to operate in the UAE’s international […]

History Suggesting Bitcoin (BTC) Should Hold Current Levels, According to Analyst – Here’s Why