VARA

Breaking Boundaries: Dubai Set to Redefine Blockchain Technology at WBS Dubai

Retrieved on: 
Monday, March 18, 2024
Crypto, Blockchain, Bank, VARA, Bank of Georgia, Commercial director, Heart, Startup company, Summit, MEA, USDC, Cryptocurrency

This eagerly awaited edition is poised to become a critical hub for global web3 and blockchain innovators, highlighting UAE's efforts towards a future driven by web3 technology.

Key Points: 
  • This eagerly awaited edition is poised to become a critical hub for global web3 and blockchain innovators, highlighting UAE's efforts towards a future driven by web3 technology.
  • "In the heart of Dubai's dynamic tech landscape, blockchain technology stands as a cornerstone in the UAE's digital transformation.
  • The World Blockchain Summit offers a prime venue for unveiling the latest in blockchain innovation and insights," said Sharath Kumar, Commercial Director, Trescon
    Registration for the World Blockchain Summit Dubai is still open.
  • The 29th edition of the World Blockchain Summit is supported by:
    Association Partners - Crypto and Blockchain Association, Blockchain Council, Asia Web3 Alliance Japan, European Blockchain Association

Deribit first derivatives exchange to receive VARA Regulatory Approval

Retrieved on: 
Tuesday, April 2, 2024
SGX, Growth, Today, Entrepreneurship, Scottish Government, Meijer, VASP, News, Flow Traders, Headquarters, VARA, Former, Management

DUBAI, UAE, April 2, 2024 /PRNewswire/ -- Deribit FZE, the Dubai entity of Deribit group, the world's leading crypto derivative options platform, today announced it has received a conditional Virtual Asset Service Provider (VASP) licence from Dubai's Virtual Asset Regulatory Authority (VARA) for VA Exchange Services.

Key Points: 
  • DUBAI, UAE, April 2, 2024 /PRNewswire/ -- Deribit FZE, the Dubai entity of Deribit group, the world's leading crypto derivative options platform, today announced it has received a conditional Virtual Asset Service Provider (VASP) licence from Dubai's Virtual Asset Regulatory Authority (VARA) for VA Exchange Services.
  • The licence covers both spot and derivatives trading and remains non-operational until Deribit fully satisfies all remaining conditions and select localisation requirements defined by VARA.
  • The firm will work closely with VARA to complete the last formal steps in the process to enable it to officially launch the exchange in Dubai.
  • Deribit has also disclosed that Dennis Dijkstra, Former CEO of Flow Traders, and industry veteran Willem Meijer, will become Non-Executive Directors (NEDs) for Deribit.

Breaking Boundaries: Dubai Set to Redefine Blockchain Technology at WBS Dubai

Retrieved on: 
Wednesday, March 27, 2024
Crypto, VARA, Bank of Georgia, Bank, Commercial director, Heart, Cryptocurrency

This highly anticipated event is summit is set to become a major focal point for global web3 and blockchain innovators to take note of the region's efforts towards a web3-driven future.

Key Points: 
  • This highly anticipated event is summit is set to become a major focal point for global web3 and blockchain innovators to take note of the region's efforts towards a web3-driven future.
  • This eagerly awaited edition is poised to become a critical hub for global web3 and blockchain innovators, highlighting UAE's efforts towards a future driven by web3 technology.
  • "In the heart of Dubai's dynamic tech landscape, blockchain technology stands as a cornerstone in the UAE's digital transformation.
  • The World Blockchain Summit offers a prime venue for unveiling the latest in blockchain innovation and insights.

Cordial Systems Launches Cordial Treasury, Names Jump Crypto and Backpack as Early Clients

Retrieved on: 
Thursday, March 14, 2024
Crypto, Ethereum, Software as a service, EVM, Trust, Policy, MPC, Software, VARA, Jump, Zero trust security model, Treasury, Movement, Cryptocurrency

DOVER, Del., March 14, 2024 /PRNewswire-PRWeb/ -- Cordial Systems, a provider of institutional-grade self custody software using a Zero Trust security model, launches Cordial Treasury with several clients, including Backpack Exchange and Jump Crypto, the crypto unit of Jump Trading Group. Cordial Treasury is a self-hosted product that enables institutions to independently manage their digital asset operations, empowering firms like Jump Crypto to run their own MPC wallet and policy solutions in-house. With over 30 chains already supported and in use by industry leading participants, Cordial Treasury is poised to offer institutions best-in-class digital asset management solutions.

Key Points: 
  • DOVER, Del., March 14, 2024 /PRNewswire-PRWeb/ -- Cordial Systems, a provider of institutional-grade self custody software using a Zero Trust security model, launches Cordial Treasury with several clients, including Backpack Exchange and Jump Crypto, the crypto unit of Jump Trading Group.
  • Alex Davies, CTO of Jump Trading Group, shared, "Cordial Systems have been a critical partner as we have scaled our digital asset business.
  • We are extremely happy to be users of Cordial Treasury and investors in Cordial Systems."
  • To learn more about Cordial Treasury, please visit http://www.cordialsystems.com
    For media inquiries, please contact Phil LeRoy at (310) 260-7901 or Phil(at)MelrosePR(dot)com.

EQS-News: Wyden Announces Growth in 2023 and Aims for Further Expansion

Retrieved on: 
Wednesday, March 13, 2024
Growth, VARA, FTX, TDX, Copper, Partnership, Cryptocurrency

Zurich (CH), 28 February 2024 – Wyden, the leader in institutional digital asset trading infrastructure, has maintained its growth course in 2023 amidst challenging markets.

Key Points: 
  • Zurich (CH), 28 February 2024 – Wyden, the leader in institutional digital asset trading infrastructure, has maintained its growth course in 2023 amidst challenging markets.
  • These achievements have set the stage for further growth and the firm’s expected series B raise in 2024.
  • Wyden has added Hyphe, Rulematch, Wintermute, Woorton, Zodia Markets and TDX to further enhance its deep liquidity and best execution capabilities for institutional clients.
  • The positive development in 2023 sets the stage for further growth, especially Wyden’s upcoming series B. Andy Flury, CEO of Wyden, said: "We look back on a successful 2023.

AYA and Blockpass Collaborate to Ensure Compliance and Security in a Green Tech Future

Retrieved on: 
Wednesday, March 6, 2024
Blockpass, Blockchain, AML, AI, KYC, VARA, Risk, Carbon, Mentorship, Sustainable Development Goals, Classification, AYA, Risk assessment, KYC/AML, Running, KYB, Partnership, Cryptocurrency

This will involve the gamut of Blockpass' products, including KYC, KYB and AML solutions, the new Advanced KYC Bot(TM), ongoing monitoring, and Blockpass' Unhosted Wallet KYC(TM).

Key Points: 
  • This will involve the gamut of Blockpass' products, including KYC, KYB and AML solutions, the new Advanced KYC Bot(TM), ongoing monitoring, and Blockpass' Unhosted Wallet KYC(TM).
  • Built on blockchain technology, AYA focuses on helping climate tech projects raise capital from its community of investors, utilizing carbon and nature-based credits as assets.
  • By working together, Blockpass and AYA will ensure that the sustainable futures of blockchain technology and the world are secured against identity fraud and money laundering.
  • In ensuring regulatory compliance, Blockpass will help AYA grow and flourish as it seeks to nourish suitable projects and innovate in a responsible manner.

Charting the Future Forward: WBS returns to Dubai

Retrieved on: 
Tuesday, February 20, 2024
Metaverse, Cardano, Blockchain, WBS, VARA, Entrepreneurship, Startup company, Cryptocurrency

Held at the prestigious JW Marriot Hotel, Marina, the event emerges as the focal point for innovators to play a central role in establishing Dubai as the blockchain capital of the MENA region.

Key Points: 
  • Held at the prestigious JW Marriot Hotel, Marina, the event emerges as the focal point for innovators to play a central role in establishing Dubai as the blockchain capital of the MENA region.
  • With the implementation of key initiatives such as the Dubai Blockchain Strategy, Dubai Metaverse Strategy, the launch of Dubai Blockchain Platform and Virtual Assets Regulatory Authority (VARA), the Dubai is becoming the hotspot for blockchain and web3 innovations.
  • "Dubai stands as a global innovation and technology hub, at the forefront of adopting essential blockchain solutions that will drive global economy forward.
  • Registration for the World Blockchain Summit Dubai is officially open!

WadzPay’s Dubai entity receives Virtual Asset Service Provider (VASP) Licence from Dubai’s Virtual Assets Regulatory Authority

Retrieved on: 
Wednesday, February 28, 2024
Blockchain, MENA, VARA, Growth, VASP, Cryptocurrency

DUBAI, United Arab Emirates, Feb. 28, 2024 (GLOBE NEWSWIRE) -- WPME Technology, the Dubai-based entity of WadzPay , a leading fintech company specialising in blockchain based technology for virtual assets announced that it has been granted a Virtual Assets Service Provider (VASP) Licence for Virtual Asset Broker-Dealer service activities by Dubai’s Virtual Assets Regulatory Authority (VARA) .

Key Points: 
  • DUBAI, United Arab Emirates, Feb. 28, 2024 (GLOBE NEWSWIRE) -- WPME Technology, the Dubai-based entity of WadzPay , a leading fintech company specialising in blockchain based technology for virtual assets announced that it has been granted a Virtual Assets Service Provider (VASP) Licence for Virtual Asset Broker-Dealer service activities by Dubai’s Virtual Assets Regulatory Authority (VARA) .
  • The licence remains non-operational until the company fully satisfies all remaining conditions and select localisation requirements defined by VARA, following which it will be able to commence operations, subject to regulatory reverification and approval.
  • As one of the pioneers in blockchain based virtual assets technology, WadzPay is excited to deliver its innovative and industry-leading solutions to customers across Middle East while working closely with regulators in contributing to build a compliant and robust fintech ecosystem.
  • Mr. Ram Chari, Board Member and Group Director, WadzPay quoted, “This will further solidify WadzPay's position as a trusted and reliable blockchain technology based financial service provider in the region.

Nexo's Dubai Entity Receives Initial Approval from Dubai's Virtual Assets Regulatory Authority (VARA)

Retrieved on: 
Tuesday, March 5, 2024
Blockchain, Internet, Cryptocurrency, Professional Services, Technology, Fintech, Digital Cash Management, Digital Assets, Other Technology, Entrepreneurship, Multimedia, Management, Culture, VARA, Growth, CFA, Ecosystem, Partner (business rank), Heart, Asset

Nexo , a leading digital assets institution, announced today that its Dubai entity, Nexo DWTC, has been awarded an Initial Approval [IA] by Dubai’s Virtual Assets Regulatory Authority (VARA) for Virtual Asset Lending & Borrowing, Management & Investment, and Broker-Dealer activities.

Key Points: 
  • Nexo , a leading digital assets institution, announced today that its Dubai entity, Nexo DWTC, has been awarded an Initial Approval [IA] by Dubai’s Virtual Assets Regulatory Authority (VARA) for Virtual Asset Lending & Borrowing, Management & Investment, and Broker-Dealer activities.
  • View the full release here: https://www.businesswire.com/news/home/20240305750827/en/
    Nexo's Dubai entity has been awarded an Initial Approval [IA] by Dubai’s Virtual Assets Regulatory Authority (VARA) for Virtual Asset Lending & Borrowing, Management & Investment, and Broker-Dealer activities.
  • (Graphic: Business Wire)
    This IA positions Nexo as one of the first digital asset lending institutions seeking to expand into the pivotal Dubai market.
  • Nexo is enthusiastic about the pursuit of new market strategies aligned with the transformative guidance of Dubai’s Virtual Asset Regulatory Authority,” said Kalin Metodiev, CFA, Co-founder and Managing Partner at Nexo.

Aquanow Awarded VASP License by Dubai’s VARA

Retrieved on: 
Monday, February 12, 2024
Professional Services, Data Management, Blockchain, Technology, Cryptocurrency, Web3, Fintech, Emirate, VARA, VASP

Aquanow, a leading crypto infrastructure provider, today announced that it has been awarded its Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA ).

Key Points: 
  • Aquanow, a leading crypto infrastructure provider, today announced that it has been awarded its Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA ).
  • Since its inception in 2018, Aquanow has unlocked a multitude of crypto use cases and shaped its clients’ crypto strategy.
  • The license from VARA marks a major milestone in the company’s international expansion plans.
  • Aquanow’s VASP license will enable it to offer broker-dealer, lending and borrowing, and management and investment services, making it one of the most comprehensive licenses awarded to a VASP in the Emirate to date.