Gemini Exchange To Acquire License To Operate In United Arab Emirates
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Gemini, a global cryptocurrency exchange, has announced its plans to acquire a cryptocurrency license in the United Arab Emirates (UAE) in a move to expand its services. Describing the UAE’s position as a forward-thinking financial hub, Gemini aims to tap into the country’s growing market. The company is committed to becoming a global entity, according to the announcement, by meeting local regulatory requirements and understanding the needs of UAE crypto investors. Gemini’s decision to apply for a license comes as a result of its findings from the 2022 Global State of Crypto Report. The report revealed a significant increase in
The United Arab Emirates has to be one of the regions that has proven itself as a haven for crypto business in recent months. Crypto.com is the latest digital asset-based business to secure a Virtual Assets Regulatory Authority (VARA) license from the authorities in Dubai. Consequently, it can now legally…
Bybit, the world’s 2nd largest cryptocurrency exchange in terms of trading volume, has received the “Best Crypto Exchange UAE 2025” distinction from the Global Business & Finance Magazine Awards. Bybit received this recognition because of its expanding market presence in the United Arab Emirates’ digital asset field and its dominant…
Bybit has secured a full Virtual Asset Platform Operator License from the UAE Securities and Commodities Authority (SCA). This makes it the first crypto exchange to receive full approval under the country’s new regulatory framework. Bybit Gets Full Approval to Operate in the UAE The new license gives Bybit full…