United Arab Emirates

UAE’s Phoenix Group Enhances Mining Power With $187M Bitmain Partnership Amidst Global ASIC Competition

Benito CormiJan 10, 20242 min read

Pheonix Group Expands Mining Fleet Through Bitmain Partnership Phoenix Group, a bitcoin mining and blockchain infrastructure company, has announced its recent acquisition of $187 million worth…

Opinion: The Challenges Faced by Crypto Entrepreneurs in Dubai, a Mirage City

Noah RyptonDec 23, 20232 min read

The Crypto Scene in Dubai: A Mirage of Success? Dubai has been at the forefront of the crypto industry, with announcements of accepting Bitcoin as a…

Enhanced UAE Sanctions and AML Measures to Ensure FATF Compliance

Noah RyptonDec 21, 20233 min read

The FSRA Aligns AML Rules with Crypto Travel Rule The Financial Services Regulatory Authority (FSRA) has announced updates to its anti-money laundering (AML) rules, aligning them…

Judge Claims Binance Founder Changpeng Zhao’s Wealth Makes Him Unable to Depart the U.S. Prior to Criminal Sentencing

Nathan CobenDec 9, 20233 min read

Binance Founder’s Travel Restricted by US Judge Billionaire Binance founder Changpeng Zhao, also known as CZ, has been barred from leaving the United States before his…

Phoenix Group, a crypto mining company, postpones its share listing date

Noah RyptonNov 29, 20232 min read

Cryptocurrency miner Phoenix Group delays listing on Abu Dhabi Securities Exchange Bitcoin mining firm Phoenix Group has decided to postpone its listing on the Abu Dhabi…

Detailed DOJ Document Reveals Potential Prison Term for Binance Founder Changpeng Zhao

Noah RyptonNov 27, 20233 min read

The U.S. Justice Department Suggests Binance’s Founder Could Face Up to 10 Years in Prison The U.S. Justice Department has indicated that Changpeng Zhao, the founder…

Crypto giants face off in a thrilling boxing match

Noah RyptonNov 24, 20232 min read

Dubai to Host Crypto Fight Night 2023 Dubai is preparing to host the third edition of Crypto Fight Night (CFN), a unique event that combines cryptocurrencies…

Taurus, backed by Deutsche Bank, aims for tokenized real estate market in Dubai with new office expansion

Noah RyptonNov 16, 20232 min read

Taurus Expands to UAE Amidst Tokenization Surge Taurus, a Swiss-based crypto company, has announced its plans to open a new office in the United Arab Emirates…

Dubai’s Top Cryptocurrency Regulator Resigns Amid VARA’s Plans to Impose Fines on Leading Corporations

Noah RyptonNov 16, 20232 min read

Dubai’s VARA CEO Henson Orser Steps Down Amid Crypto Crackdown The head of the Virtual Assets Regulatory Authority (VARA) in the United Arab Emirates, Henson Orser,…

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United Arab Emirates Crypto News & Updates | LolaCoin.org United Arab Emirates