Latest news about Dubai

Binance has successfully fulfilled all pre-conditions since obtaining a preparatory license in September 2022.

The Virtual Assets Regulatory Authority of Dubai has already given Crypto.com, OKX, and FTX subsidiaries permission to offer services in the emirate that have to do with cryptocurrencies.

In order to safeguard investors, Dubai's new Virtual Asset Regulatory Authority demands more clarity and transparency from industry marketers and promoters.

Officials in Dubai say that the subsidiary's work will serve as a regulatory test run for future commercial services that use virtual assets.