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UK-based Blockchain.com secures provisional license from Dubai’s VARA

The Dubai Virtual Assets Regulatory Authority (VARA) has signed a Memorandum of Understanding (MoU) with Blockchain.com, a UK-based cryptocurrency financial services company, in a...

Coinsfera to allow customers to exchange Tether in Dubai

Dubai’s first legal cryptocurrency provider Coinsfera has launched a new service to allow the customers to sell Tether (USDT) for cash like USD or...

Cryptocurrency exchange Bybit to set up its global HQ in Dubai

Cryptocurrency exchange business Bybit has received in-principle approval to conduct a full spectrum of virtual assets business in the UAE. The company said in a...

Bahrain’s CoinMENA gains 2nd cryptocurrency license from European Union

Bahrain-based onshore crypto assets exchange CoinMENA has obtained a second cryptocurrency license from the European Union. According to the statement, CoinMENA will now be able...

Bahrain-based Crypto Exchange Rain raises $110mn in series B round

Bahrain-based leading cryptocurrency company Rain Financial has raised $110 million in a Series B funding round co-led by Paradigm and Kleiner Perkins. According to the...

UAE-based CSG tech secures its 1st big investment worth $4mn

Centre Systems Group (CSG), the UAE-based Disruptive technology company, has secured its first major investment worth $4 million from Lebanon-based MCube Holdings, to expand...

Binance rolls out new BNB Auto-Burn mechanism for quarterly coin burn

Binance, currently the world’s largest cryptocurrency exchange, will replace its quarterly coin burn with BNB Auto-Burn for a better, more transparent and predictable automatic...

UAE’s BitOasis rolls out local funding option for its customers

UAE-based leading cryptocurrency trading platform BitOasis has become the first crypto exchange to set up a local bank funding option for users in the...
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