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Dubai

  • Market Analysis

    Hong Kong? Singapore? Tokyo? Seoul? Dubai? The race is on for the Web3 hub of Asia | Part 1

    As U.S. regulators file lawsuits against cryptocurrency platforms, prompting some digital asset companies to seek more favorable jurisdictions, a fleet of cities in Asia are putting out the welcome mat, seeking to attract the jobs and investment that Web3 technologies promise. Right now, Hong Kong seems to be grabbing the limelight, but it has competition.

    Pradipta Mukherjee

  • Regulation

    Crypto exchange Fasset hopes to win Indonesia license next month

    Dubai-based Fasset says Indonesia digital asset adoption is still in early stages, but the country’s young population is taking to crypto faster, encouraging exchanges to move in despite infrastructure constraints.

    Pradipta Mukherjee

  • Regulation

    Hong Kong crypto firm Q9 Capital gets Dubai provisional approval

    Hong Kong-based crypto investment firm Q9 Capital has received a provisional virtual asset approval from Dubai’s Virtual Asset Regulatory Authority (VARA), the company said on Wednesday in a statement shared with Forkast.

    Pradipta Mukherjee

  • Altcoins

    Crypto.com to invest US$145 mln in France as base for European operations

    Crypto.com said on Wednesday that the exchange will invest €150 million (US$145.5 million) in France to set up a European headquarters in Paris and expand operations in the region. See related article: Crypto.com enters South Korea market with two local startup acquisitions Fast facts The Singapore-based exchange said it will focus on compliance, business development […]

    Pradipta Mukherjee

  • Market Trends

    UAE crypto market expected to grow 10-fold: report

    The cryptocurrency market in the United Arab Emirates (UAE) is expected to grow 10 times, according to a new report from MENA blockchain ecosystem, Crypto Oasis, released Monday at a blockchain conference organized by the Dubai World Trade Centre.  See related article: New hire in Saudi Central Bank to work on crypto regulations: report Fast […]

    Pradipta Mukherjee