Digital Economy
Dubai’s VARA issues 50th VASP license as virtual assets market continues to grow
The Dubai Virtual Assets Regulatory Authority (VARA) recently announced the issuance of its 50th Virtual Asset Service Provider (VASP) license, marking an important...
DMCC to launch BlockDown Dubai for the first time in 2027 with EAK Digital
DMCC announced on Monday that it has partnered with Web3 marketing agency EAK Digital to launch BlockDown in Dubai for the first time,...
Bank of England eases stablecoin rules, imposes £40 billion cap per stablecoin
The Bank of England (BoE) on Monday eased parts of its proposed stablecoin regulations in its final policy and draft rules, after industry...
Dubai accelerates blockchain and tokenization push with DMCC-Tether partnership
Dubai is stepping up its push to become a global hub for blockchain and digital finance after DMCC signed a strategic Memorandum of...
How unverified smart contracts are drawing growing interest from attackers
Attackers are increasingly turning their attention to a less visible corner of the decentralized finance (DeFi) ecosystem: unverified smart contracts. While most major...
Crypto exchanges could channel $2 trillion, 300 million new investors into global markets by 2031
New projections by Binance Research reveal that crypto exchanges could collectively channel $2 trillion in incremental capital and nearly 300 million new investors...
UAE Innovation City launches world’s first blockchain-based digital business identity, powered by IOPn
Innovation City, the UAE’s premier AI-powered free zone in Ras Al Khaimah, announced the launch of the world’s first blockchain-based digital business identity...
Dubai’s VARA establishes regulatory framework for virtual asset derivatives trading
The Dubai Virtual Assets Regulatory Authority (VARA) introduced on Tuesday a comprehensive regulatory framework for Exchange Traded Derivatives (ETD) in virtual assets, making...
