The free zone for virtual asset firms in the Ras Al Khaimah emirate aims to foster regulated and non-regulated activities.
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UAE emirate to launch free zone for digital and virtual asset firms
Free-trade zones in the UAE are areas where entrepreneurs have 100% ownership of their businesses and have different regulatory frameworks and tax schemes.
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Abu Dhabi to back the growth of Web3 startups with $2B
The initiative promises to provide Web3 startups with access to corporate, government, and investment partners in both global markets and the UAE.
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UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives
On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the launch of a new initiative called the “Financial Infrastructure Transformation
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3AC Co-Founder Kyle Davies Fails to Respond to Liquidators’ Subpoena Despite Twitter Delivery
According to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has allegedly failed to respond to a
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Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says
The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He
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