fbpx
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Thursday, March 30, 2023
Online Crypto College
CREATE FREE ACCOUNT
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login
No Result
View All Result
Online Crypto College
No Result
View All Result

FTX to be the First to Receive a Virtual Asset Exchange (VAX) License in Dubai – Blockchain News, Opinion, TV and Jobs

March 15, 2022
in Blockchain
Reading Time: 2 mins read
A A
FTX to be the First to Receive a Virtual Asset Exchange (VAX) License in Dubai – Blockchain News, Opinion, TV and Jobs
ShareShareShareShareShare

Major global cryptocurrency exchange FTX is receiving a virtual asset exchange (VAX) license in Dubai, and is expanding its operations in the United Arab Emirates.

Related articles

EU Proposes Cap on Anonymous Crypto Transfers

EU Proposes Cap on Anonymous Crypto Transfers

March 30, 2023
Bank of Russia Delays CBDC Pilot Rollout

Bank of Russia Delays CBDC Pilot Rollout

March 29, 2023

The VAX license is granted under a new cryptocurrency law and was issued by Sheikh Al Maktoum, creating a legal framework for crypto in the Emirate of Dubai, aimed at protecting investors and “designing much-warranted international standards” for industry governance.

The license allows FTX to operate within Dubai‘s crypto market model, which operates in compliance with global standards.

FTX founder and CEO Sam Bankman-Fried said that FTX had received the digital exchange license from Dubai. “Really excited to receive the first (and so far only) digial asset exchange license from Dubai!” Bankman-Fried tweeted. The company says it’s now planning to establish a regional headquarters in United Arab Emirates’ most international hub and city.

According to Bloomberg, Binance will also get a crypto license in Dubai under the same program, but it seems FTX beat the company to it. Apparently the United Arab Emirates is seeking to attract some of the world’s biggest crypto and fintech companies.

FTX recently reached $32 billion valuation after raising $400 million in a Series C round announced in January. The company has only been founded three years ago, but has already become one of the world’s largest crypto exchanges, in part through their marketing campaign during the Super Bowl.

Just like Binance, FTX’s European and Middle Eastern division FTX Europe was also among the first to join a new crypto hub, in the Dubai World Trade Centre, to create a specialised zone for virtual assets – including digital assets, products, operators and exchanges.


Credit: Source link

ShareTweetSendPinShare
Previous Post

EU Proposes Ban on Proof of Work Cryptos Like Bitcoin – Blockchain News, Opinion, TV and Jobs

Next Post

Heightened Fears in Ukraine Leads to Risk-Off Sentiment – Blockchain News, Opinion, TV and Jobs

Related Posts

EU Proposes Cap on Anonymous Crypto Transfers

EU Proposes Cap on Anonymous Crypto Transfers

March 30, 2023

The European Union has taken a step towards greater financial transparency with a proposal to limit anonymous crypto transfers to...

Bank of Russia Delays CBDC Pilot Rollout

Bank of Russia Delays CBDC Pilot Rollout

March 29, 2023

The Bank of Russia's central bank digital currency (CBDC) pilot, which was scheduled to begin on April 1, has been...

SafeMoon LP Compromised | Blockchain News

SafeMoon LP Compromised | Blockchain News

March 29, 2023

SafeMoon, a cryptocurrency project that gained traction through endorsements by celebrities and social media influencers, recently announced that its liquidity...

FTX Founder Bail Agreement | Blockchain News

FTX Founder Bail Agreement | Blockchain News

March 29, 2023

The legal saga surrounding FTX founder Sam Bankman-Fried continues as new developments arise in his case. On March 27, Bankman-Fried's...

ZeroSync to Bring ZK-Proofs to Expedite Bitcoin Validation

ZeroSync to Bring ZK-Proofs to Expedite Bitcoin Validation

March 29, 2023

ZeroSync Association, a Swiss-based nonprofit organization, is pioneering the use of zero-knowledge proofs (ZK-proofs) for the validation of the Bitcoin...

Load More
Next Post
Heightened Fears in Ukraine Leads to Risk-Off Sentiment – Blockchain News, Opinion, TV and Jobs

Heightened Fears in Ukraine Leads to Risk-Off Sentiment – Blockchain News, Opinion, TV and Jobs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Bitcoin Chain Data Says No Sign Of FUD Among Binance Users

Bitcoin Chain Data Says No Sign Of FUD Among Binance Users

March 28, 2023
y00ts forms a link from Solana to Polygon & eases the user experience

y00ts forms a link from Solana to Polygon & eases the user experience

March 27, 2023
Nigerian CBDC Adoption Surging Amid Currency Demonetization

Nigerian CBDC Adoption Surging Amid Currency Demonetization

March 23, 2023
Algorand up over 12% following on from India partnership

Algorand up over 12% following on from India partnership

March 29, 2023
Former OKX exec exits A&T Capital after sexual misconduct allegations

Former OKX exec exits A&T Capital after sexual misconduct allegations

March 28, 2023

About Us

We provide the latest crypto news, trading tools, and up-to-date education to students and traders all over the world.

ENROLL FOR FREE

Latest Crypto Headlines

  • EU Proposes Cap on Anonymous Crypto Transfers
  • Bitcoin price briefly hits $29K despite regulatory crackdowns – Cointelegraph
  • EU Lawmakers Vote to Impose €1,000 Limit on Unidentified Crypto Transactions – Regulation Bitcoin News
  • U.S. and South Korea vying for Do Kwon trial; extradition destination uncertain
  • Binance’s reputation at risk as CFTC allegations raise concerns
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 - OnlineCryptoCollege.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login

© 2018 JNews by Jegtheme.

  • bitcoinBitcoin(BTC)$28,340.005.75%
  • ethereumEthereum(ETH)$1,809.545.23%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.10%
  • binancecoinBNB(BNB)$317.222.73%
  • usd-coinUSD Coin(USDC)$1.00-0.19%
  • rippleXRP(XRP)$0.5717.10%
  • cardanoCardano(ADA)$0.38728911.15%
  • staked-etherLido Staked Ether(STETH)$1,806.105.10%
  • dogecoinDogecoin(DOGE)$0.0759735.08%
  • matic-networkPolygon(MATIC)$1.148.68%
  • solanaSolana(SOL)$21.157.08%
  • binance-usdBinance USD(BUSD)$1.000.01%
  • polkadotPolkadot(DOT)$6.246.59%
  • litecoinLitecoin(LTC)$91.796.38%
  • shiba-inuShiba Inu(SHIB)$0.0000114.04%
  • tronTRON(TRX)$0.0646791.17%
  • avalanche-2Avalanche(AVAX)$17.264.84%
  • daiDai(DAI)$1.00-0.25%
  • uniswapUniswap(UNI)$5.995.14%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$28,296.005.32%
  • chainlinkChainlink(LINK)$7.256.69%
  • cosmosCosmos Hub(ATOM)$11.283.51%
  • leo-tokenLEO Token(LEO)$3.400.69%
  • ToncoinToncoin(TON)$2.123.49%
  • ethereum-classicEthereum Classic(ETC)$20.845.37%
  • moneroMonero(XMR)$157.912.53%
  • stellarStellar(XLM)$0.10560413.34%
  • okbOKB(OKB)$43.261.11%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • bitcoin-cashBitcoin Cash(BCH)$123.693.32%
  • filecoinFilecoin(FIL)$5.768.02%
  • AptosAptos(APT)$11.666.87%
  • lido-daoLido DAO(LDO)$2.4318.12%
  • true-usdTrueUSD(TUSD)$1.00-0.24%
  • hedera-hashgraphHedera(HBAR)$0.0610223.57%
  • quant-networkQuant(QNT)$121.842.24%
  • crypto-com-chainCronos(CRO)$0.0684353.07%
  • nearNEAR Protocol(NEAR)$1.946.05%
  • vechainVeChain(VET)$0.0231646.61%
  • ArbitrumArbitrum(ARB)$1.2510.36%
  • algorandAlgorand(ALGO)$0.2167969.11%
  • apecoinApeCoin(APE)$4.172.49%
  • internet-computerInternet Computer(ICP)$5.026.25%
  • blockstackStacks(STX)$1.0218.29%
  • the-graphThe Graph(GRT)$0.14743812.86%
  • fantomFantom(FTM)$0.46085314.95%
  • eosEOS(EOS)$1.155.04%
  • the-sandboxThe Sandbox(SAND)$0.647.40%
  • decentralandDecentraland(MANA)$0.607.36%