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Dubai deepens crypto ties with proposed Bitcoin Tower Hotel

0xMain
May 27, 2023

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Italian developer, Salvatore Leggiero, unveils plans for the Bitcoin Tower, an hotel chain in Dubai that combines blockchain technology, artificial intelligence, and material sustainability. It will offer guests the opportunity to earn interest on their suite rentals. Leggiero envisions a hotel chain that...

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Dubai calls for more collaboration between watchdogs to combat scams

0xMain
May 26, 2023

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Dubai calls for more collaboration between watchdogs to combat scams The rapid rise of cryptocurrency scams and investment frauds has resulted in staggering global losses, surpassing $100 billion in 2023 alone. In response to this concerning trend, Dubai is leading the charge in...

Dubai calls for more collaboration between watchdogs to combat scams

0xMain
May 26, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dubai’s Financial Services Authority (FSA) has called for more communication and collaboration between global financial regulators to make it harder for rogue actors to exploit crypto regulatory loopholes across...

World’s first bitcoin tower in Dubai coming soon says developer

0xMain
May 22, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The United Arab Emirates may soon be the home of a hotel in shape of a bitcoin. The 40-story tower is set to be unveiled on May 24th, says...

Standard Chartered launching crypto custody service in Dubai

0xMain
May 11, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Standard Chartered Bank has revealed plans to offer institutional-grade digital assets custody services in Dubai via its subsidiary, Zodia Custody, pending regulatory approval. Barely three months after reaching a...

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Ripple sets sights on Dubai expansion amid favorable regulatory environment

0xMain
May 8, 2023

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Payment solutions giant, Ripple, announced plans to expand its operations to Dubai, citing the region’s transparent regulatory framework and growing customer base as key factors in its decision. Ripple, a prominent payment solutions provider, and the issuer of XRP, has announced plans to...

Dubai crypto regulator sends reprimand letter to OPNX founders

0xMain
May 2, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Recently uncovered reports indicate that Dubai authorities have reprimanded 3AC co-founders for illegally promoting the OPNX exchange. 3AC founders oversaw the fall of one of the largest crypto hedge...

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Bybit to open global headquarters in Dubai following 50% increase in users

0xMain
April 18, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange Bybit announced the opening of its global headquarters in Dubai, following a 50% increase in the platform’s user base, which has more than 15 million users worldwide. ...

Dubai dives deeper into Binance’s operations for licensing

0xMain
April 5, 2023

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Dubai’s world trade centre authority has requested additional information from crypto firms, including Binance, applying for operating licenses in the emirate, highlighting its commitment to creating a secure and well-regulated environment for the growing digital asset sector. In recent news, the Dubai world...

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Enya Labs partners with Dubai Multi Commodities Center to expand web3 in Boba Network

0xMain
March 22, 2023

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Enya Labs, a core contributor of Boba Network, has partnered with Dubai Multi-Commodities Crypto Center (DMCC) to grow blockchain and Web3 enterprises in Dubai. The hybrid blockchain can access off-chain data to build smarter applications. Enya Labs and DMCC partner for web3 scaling...