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Bank of England Reveals Plan to Test Wholesale CBDC and Digital Ledger
BlockchainCBDCDigital Ledger Technology(DLT)

Bank of England Reveals Plan to Test Wholesale CBDC and Digital Ledger

The Bank of England (BoE) is exploring the potential of DLT and wholesale CBDCs for a more robust financial system. Learn about their planned trial...
Jul, 30, 2024
2 min read
by Cryptonews
To a BRICS CBDC or not a BRICS CBDC; replacing the petrodollar, that is the question
USDTUSDCKSA

To a BRICS CBDC or not a BRICS CBDC; replacing the petrodollar, that is the question

The BRICs countries announced in March 2024 that they have plans to develop their own payment system the next three years, with more countries join...
Jul, 02, 2024
7 min read
by CryptoPolitan
UAE Offers Friendlier Crypto Scene Than US Due to Political Stability: Komodo CTO
UAEDubai

UAE Offers Friendlier Crypto Scene Than US Due to Political Stability: Komodo CTO

Komodo CTO Kadan Stadlemann said the United Arab Emirates' political stability fosters a friendlier environment for crypto businesses to flourish, ...
May, 10, 2024
3 min read
by Cryptonews
Crypto Lender Nexo Receives Initial Approval for Dubai License from VARA
BlockchainDubaiVARANexo

Crypto Lender Nexo Receives Initial Approval for Dubai License from VARA

Dubai's Virtual Assets Regulatory Authority (VARA) has awarded a virtual asset service provider (VASP) license to Bulgarian decentralized lending p...
Mar, 05, 2024
3 min read
by Cryptonews
Crypto.com secures preliminary VASP license from Dubai digital asset regulator
RegulationExchangesLegalCrypto.com

Crypto.com secures preliminary VASP license from Dubai digital asset regulator

Crypto.com has secured a Virtual Assets Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). The exchange, th...
Nov, 14, 2023
2 min read
by CryptoSlate
Crypto Firms in Dubai Have Until Nov. 17 to Clear all Licensing Requirements: VARA
BlockchainDubaiLicenseVARA License

Crypto Firms in Dubai Have Until Nov. 17 to Clear all Licensing Requirements: VARA

Source: Pixabay Dubai’s Virtual Asset Regulatory Authority (VARA) has set a new deadline for all crypto-related businesses to clear their licensing...
Nov, 07, 2023
2 min read
by Cryptonews
Dubai’s VARA grants WadzPay ‘initial approval’ paving the way for crypto expansion
Industry

Dubai’s VARA grants WadzPay ‘initial approval’ paving the way for crypto expansion

Dubai, UAE – In a significant move showcasing Dubai’s crypto-friendly stance, the Dubai Virtual Assets Regulatory Authority (VARA) has bestowed an ...
Nov, 02, 2023
3 min read
by CryptoPolitan
Dubai Moves Forward with Crypto Adoption as WadzPay Secures VARA Initial Approval
BlockchainCrypto AdoptionDubai CryptoVARA License

Dubai Moves Forward with Crypto Adoption as WadzPay Secures VARA Initial Approval

On October 31, the Dubai Virtual Assets Regulatory Authority (VARA) gave “Initial Approval” to WadzPay signifying a noteworthy stride towards broad...
Nov, 02, 2023
2 min read
by Cryptonews