Dubai
Swiss Digital Asset Company Taurus Expands to Dubai
Taurus, a Swiss fintech company regulated by FINMA in Switzerland, has recently announced its expansion into the Middle East with a new office located in Dubai. The company, known for providing institutional-grade digital asset infrastructure, has chosen Dubai for its
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Roland Berger Teams with DFINITY to Transform Recycling with Blockchain-Based Credits
Roland Berger has recently embarked on an ambitious project in partnership with the DFINITY Foundation, a Swiss-based non-profit organization known for its contributions in the blockchain field and developing the Internet Computer. This collaboration aims to develop the first-ever global
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DIFC to Kick off Fintech World Cup at SFF 2023 With Pitch Competition
Global fintech startups seeking funding have the opportunity to participate in the Fintech World Cup (FWC), organised by the Dubai International Financial Centre (DIFC). Registration is currently open for an initial pitch competition that will take place tomorrow (17 November)
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Hong Kong’s Crypto Custodian Hex Trust Greenlit for Full License in Dubai
Hex Trust, Hong Kong’s institutional-grade digital asset custodian, has obtained a Virtual Asset Service Provider (VASP) license from the Dubai regulator VARA. Following its minimum viable product (MVP) operational license granted in February 2023, Hex Trust can now offer virtual
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Dubai Fintech Summit Returns in May 2024
Under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE and President of DIFC, the Dubai Fintech Summit returns for its
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Crypto.com Grabs Virtual Asset Service Provider License in Dubai
Crypto.com announced today that its Dubai entity, CRO DAX Middle East FZE, has been granted a Virtual Assets Service Provider (VASP) Licence for specified virtual asset service activities by Dubai’s Virtual Assets Regulatory Authority (VARA). Crypto.com’s VASP Licence is subject
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SC Ventures Sets Up Digital Asset Joint Venture in Dubai
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is partnering with SBI Holdings, a Japanese financial conglomerate, to establish a Digital Asset Joint Venture investment company in the United Arab Emirates (UAE). The parties intend to capitalise the
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Raiven Capital Launches New USD 125M Startup Fund in Dubai
Raiven Capital announced the launch of a new USD 125M venture capital fund in Dubai International Financial Centre (DIFC). The fund will focus on founders developing tech in AI, Internet of Things and Distributed Ledger Tech, with a particular emphasis
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6 Fast-Growing Proptech Startups in the UAE to Watch
Property technology, also referred to as proptech, has been on the rise globally for the sector’s potential to transform the real estate industry by making it more accessible, efficient and sustainable. In the Middle East, the trend is rapidly picking
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DIEZ Launches AED500 Million Venture Capital Fund for Startups
Dubai Integrated Economic Zones Authority (DIEZ) announced the launch of a venture capital (VC) fund worth AED500 million. Launched in the presence of His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, the fund
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