The licence would have allowed the crypto exchange firm to manage a collective investment fund
The new CBUAE guidance related to the virtual assets sector is aimed at strengthening the supervisory and regulatory frameworks of the country’s central bank and other relevant bodies in line with global best practices
VARA became aware in February that OPNX was soliciting customers for its platform and collecting personal data
The crypto trading platform plans to launch new virtual asset products with a continued focus on driving accessibility and consumer protection
The software system was drained of funds over hours and in small batches by various accounts, blockchain data shows
Tokenisation turns consumers into investors, creating multiple revenue streams while increasing consumer engagement for brands, from fashion to music
Bahrain has been one of the Middle East’s early adopters in the digital assets space
The MoU was signed during the opening day of the Future Blockchain Summit at GITEX Global 2021