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Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, BitGo secures a VARA license as Dubai’s regulator announces a wave of enforcement actions. NYSE parent Intercontinental Exchange backs crypto prediction market Polymarket with a $2 billion investment at a $9 billion valuation, while the European Union reportedly weighs sanctions aga…

SCA and VARA Partnership Expands Dubai’s Tiered Licensing Model Across UAE

SCA and VARA Partnership Expands Dubai’s Tiered Licensing Model Across UAE

The United Arab Emirates has formalized a cooperation agreement between its two main crypto regulators. The Securities and Commodities Authority and the Dubai Virtual Assets Regulatory Authority have agreed to unify the country’s approach to virtual asset regulation.In Dubai, crypto regulation follo…

RAKBANK Becomes First UAE Bank to Launch Retail Crypto Trading: Details

RAKBANK Becomes First UAE Bank to Launch Retail Crypto Trading: Details

This is a bold move and one to watch! RAKBANK has become the first traditional bank in the country to offer crypto trading through its mobile banking app.The new service lets customers buy, sell, and swap cryptocurrencies directly in AED with no need to convert to foreign currencies or use third-par…

Dubai real estate sales hit $18B in May amid tokenization push

Dubai real estate sales hit $18B in May amid tokenization push

Dubai’s real estate market surged in May, posting record sales volumes and transaction values that signal growing investor confidence and potential readiness for property tokenization.According to data shared in a press release with Cointelegraph by real estate platform Property Finder, Dubai’s real…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, Circle announced the launch of its initial public offering (IPO) on the New York Stock Exchange (NYSE), Bitcoin bull Michael Saylor advised against proof-of-reserves, and Dubai has launched the Middle East’s first tokenized real estate project.USDC issuer Circle moves forward with i…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, Dubai has launched the Middle East’s first tokenized real estate project. Meanwhile, a crypto investor lost $2.6 million after falling victim to two phishing scams. In US politics, House Speaker Mike Johnson dismissed concerns over President Donald Trump’s memecoin dinner.Dubai laun…

VARA License Paves Way for MultiBank and MAG’s $3B Real Estate Tokenization

VARA License Paves Way for MultiBank and MAG’s $3B Real Estate Tokenization

Dubai-based real estate developer MAG has signed a $3 billion agreement with MultiBank Group and Mavryk. The deal involves tokenizing real-world assets (RWAs), making it the largest initiative of its kind to date.The agreement will bring MAG’s high-value properties onto the blockchain. These include…

Gate.io Celebrates 12th Anniversary with a Major Brand Upgrade: Opening the Gateway to the Future of Crypto

Gate.io Celebrates 12th Anniversary with a Major Brand Upgrade: Opening the Gateway to the Future of Crypto

PANAMA CITY, April 11, 2025 (GLOBE NEWSWIRE) — Global leading cryptocurrency exchange Gate.io is marking a significant milestone—its 12th anniversary—by unveiling a comprehensive brand upgrade, including the debut of its new official Chinese name, "Damen" (大门, meaning "The Gate"). Under the theme …

Dubai Government-Owned Bank Emirates NBD Offers Crypto Trading Through Liv X App

Dubai Government-Owned Bank Emirates NBD Offers Crypto Trading Through Liv X App

Emirates NBD, the bank owned by the government of Dubai, is starting to offer crypto trading through its digital banking subsidiary Liv. Liv is allowing customers to buy and sell cryptocurrencies in its new app Liv X, according to an emailed announcement on Thursday.Dubai has been establishing itsel…

MANTRA (OM) - Community Connect - 13 Mar 2025

MANTRA (OM) - Community Connect - 13 Mar 2025

MANTRA securing a DeFi VASP license from VARA is big news. This license can boost trust and bring more users to MANTRA. Launching RWAccelerator with Google Cloud support shows they are serious about growth, which could attract investors. New partnerships and listings on major exchanges like Kraken a…

Dubai Regulator Orders 7 Unlicensed Crypto Exchanges to Stop Operations

Dubai Regulator Orders 7 Unlicensed Crypto Exchanges to Stop Operations

The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against seven unlicensed crypto entities for operating without licenses and violating marketing regulations. VARA has issued cease-and-desist orders and imposed fines on these entities. The regulator warned the public of the risks…

Terence Zimwara
Dubai Authorities Impose Penalties on Cryptocurrency Firms

Dubai Authorities Impose Penalties on Cryptocurrency Firms

Dubai enforces penalties on unlicensed cryptocurrency firms. VARA initiates investigations and requires immediate operational cessation. Continue Reading:Dubai Authorities Impose Penalties on Cryptocurrency Firms The post Dubai Authorities Impose Penalties on Cryptocurrency Firms appeared first on C…

Ă–mer Ergin