Ramy S.’s Post

The global spotlight is shining on Abu Dhabi, and crypto is taking center stage at 𝗔𝗯𝘂 𝗗𝗵𝗮𝗯𝗶 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗪𝗲𝗲𝗸! 🔥 Whether you're attending or following from afar, now is the perfect time to explore why Abu Dhabi is becoming the go-to hub for virtual assets regulation. At the heart of this crypto revolution is ADGM – the Abu Dhabi Global Market Financial Free Zone, a pioneer in driving crypto innovation with a strong regulatory framework since 2018. 🏛️💡 𝗖𝘂𝗿𝗶𝗼𝘂𝘀 𝗮𝗯𝗼𝘂𝘁 𝘄𝗵𝗼 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗲𝘀 𝘃𝗶𝗿𝘁𝘂𝗮𝗹 𝗮𝘀𝘀𝗲𝘁𝘀 𝗶𝗻 𝗔𝗯𝘂 𝗗𝗵𝗮𝗯𝗶? Get the full scoop here – https://lnkd.in/d9Cpwtmm Let’s meet next week and dive into all things Bitcoin and crypto! It’s going to be massive! 🚀💥 #NeosLegal #ADFW #Bitcoin #CryptoRegulation #ADGM #UAE #Blockchain #Innovation #VirtualAssets #FinanceRevolution

🚀 A Major Milestone for Digital Assets in the UAE! Today, I came across an exciting update in the financial world: Tether’s USD₮ has been recognized as an Accepted Virtual Asset (AVA) by the Financial Services Regulatory Authority (FSRA) within the Abu Dhabi Global Market (ADGM). This recognition allows licensed entities in ADGM to offer services involving USD₮, opening new doors for integrating traditional and digital finance. 🌍 The UAE continues to lead the way in crypto innovation. With a market cap exceeding $138 billion and over 400 million users globally, USD₮ strengthens its position as a trusted bridge between the stability of traditional finance and the flexibility of digital economies. #Tether #USD₮ #Blockchain #DigitalAssets #CryptoRegulation #ADGM #Stablecoin #FinancialInnovation #UAE

🌐 Join the Conversation on the Future of Digital Finance! 🌐 This event is hosted by Global Blockchain Business Council (GBBC) and will explore the critical opportunities and challenges facing digital assets worldwide. Deepa Carbon Managing Director and Vice Chairperson of VARA, will be featured in the highly anticipated fireside chat: “Dubai’s Blueprint: Shaping the Future of Virtual Assets and Blockchain”. She will be joined by a distinguished lineup of regulators and industry leaders at the Future of Digital Finance 2024. 🔹 Date: Tuesday, October 1st 🔹 Location: London & Online Key topics include: 🔹 The evolving regulatory landscape 🔹 MiCA developments 🔹 Interoperability in digital assets 🔹 The UK’s digital finance ambitions Don’t miss this insightful event! Register or Join Online Here 👉https://lnkd.in/gHNrvbzd ➡️For all your inquiries regarding the application of license to conduct a virtual assets regulated activities, in Dubai and Abu Dhabi. Drop us a line 📧Contact@cryptosconsultancy.com #Dubai #VirtualAssets #VARA #UAE #DubaiRegulations #GBBC #Blockchain #MiCA #Crypto #License

This is an important one to really build knowledge about this sector.

In a landmark move to solidify the #UAE's position as a global hub for virtual assets, the Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority [VARA] have signed a cooperation agreement. The agreement paves the way for the #SCA and #VARA to develop rules and procedures for licensing and supervising virtual asset service providers (VASPs) and related transactions. Read more: https://lnkd.in/d_vh8M3s Securities and Commodities Authority (SCA), Virtual Assets Regulatory Authority [VARA], Matthew White, Deepa Raja Carbon, Dr. Ayesha Binlootah, Cathal Burke #FintechNewsUAE #SCA #VARA #Partnership #Regulations #Framework #VirtualAssets #DigitalAssets #Crypto #DeFi #Blockchain #Web3 #CryptoCurrencies #Stablecoins #NFTs #CBDCs #Tech #Innovation #Fintech #OpenBanking #DigitalEconomy #FintechNews #UAEFintechNews #UAE #Dubai #MiddleEast

The Central Bank of the UAE (CBUAE) Board has approved a new licensing framework for regulating stable cryptocurrencies. Alongside, they endorsed policies to boost banking, insurance, and financial infrastructure services. The Board assessed Emiratization progress and support for UAE nationals within these sectors. They also reviewed projects under the Financial Infrastructure Transformation Program, which includes the Digital Dirham and other projects, aimed at enhancing the UAE's digital economy. ⚖️ What’s is the impact of a new licensing framework for regulating stable cryptocurrencies within UAE? 1. It provides clear regulatory guidelines, increasing industry trust. 2. It enhances market stability by mitigating risks from unregulated activities. 3. It fosters innovation, attracting global crypto enterprises to the UAE. 4. It supports the UAE's digital economy growth by integrating advanced financial technologies. Please refer to https://lnkd.in/g6qnzzpZ #cryptocurrencies #bitcoin #uae #cbuae #cryptolaw #cryptoregulation #blockchain #innovation

🚀 Exciting News in Digital Finance! 🚀 Phoenix Group PLC, a leading tech conglomerate listed on the Abu Dhabi Securities Exchange (ADX), is teaming up with Tether, a giant in the digital asset world, to launch a groundbreaking stablecoin pegged to the UAE Dirham! 🇦🇪💰 Supported by Green Acorn Investments Ltd., this new stablecoin is set to revolutionize the digital assets landscape by offering a stable, reliable, and secure digital currency. 🔹 Why It Matters: - Enhanced Stability: Pegged to the UAE Dirham, one of the world’s most stable currencies. - Global Reach: Designed to facilitate seamless transactions and reduce foreign exchange risks. - Innovative Platform: Built on a state-of-the-art blockchain for unmatched security and efficiency. Stay tuned for more updates on this revolutionary development in digital finance! 🌐📈 https://lnkd.in/ekFkdg5e #PhoenixGroup #Tether #Stablecoin #DigitalFinance #Blockchain #UAE #Dirham #Innovation #Crypto #FinancialInclusion #cryptoNews #GreenAcornInvestments Phoenix Group Tether.io Paolo A. Farah Zafar Bijan Alizadeh Green Acorn Investments Central Bank of The UAE Abu Dhabi Securities Exchange

🏦 Dubai's Regulatory Vanguard: VARA Sets a Balanced Crypto Licensing Framework Sean McHugh from Dubai’s Virtual Assets Regulatory Authority (VARA) affirms a carefully balanced approach in licensing crypto operations. Contrary to the perceptions of leniency, VARA maintains stringent regulatory discussions, underscoring a robust licensing process. 🔹 Key Highlights: - VARA has granted full regulatory approvals to giants like OKX, Crypto.com, and Binance in the past year. - Emphasizing on compliance, VARA recently updated rules for virtual asset marketing and imposed penalties on seven unlicensed entities. 🔮 Looking Ahead: - At the Future Blockchain Summit, McHugh predicted a rise in participation from traditional financial powerhouses such as BlackRock, Goldman Sachs, and JP Morgan. This signals an era of increased institutional involvement in the crypto space. Dubai is on its mission to establish itself as a global crypto hub by fostering a regulatory framework that balances thorough oversight with growth. 🤔 What impact might this burgeoning institutional interest have on the global crypto landscape? Are we witnessing the dawn of a new era in the financial industry? #Dubai #VARA #CryptoRegulation #Blockchain #CryptoGrowth #InstitutionalInvestment Read More: https://lnkd.in/e4mDaQpK

**Crypto Takes a Royal Leap in Bahrain** In a groundbreaking move that highlights the global reach and acceptance of cryptocurrencies, Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister of Bahrain, has made history by becoming the first royal to receive the Crypto.com card. This significant step places Bahrain at the forefront of digital financial innovation and exemplifies the growing intersection between traditional governance and cutting-edge technology. This event signifies not just a ceremonial gesture, but a bold statement on the increasing relevance of cryptocurrency in mainstream financial systems. The Crypto.com card, known for allowing users to seamlessly convert their digital assets into currency, is a symbol of the advancing synergy between finance and technology. It highlights Bahrain's ambitions to be a leader in financial innovation within the region. As digital currencies continue to challenge traditional financial structures, the adoption by influential figures like Crown Prince Salman bin Hamad Al Khalifa reflects the potential for broader acceptance and integration worldwide. What do you think the future holds for cryptocurrency adoption at such high levels of governance? #Cryptocurrency #BlockchainRevolution #FinancialInnovation #CryptoCard #Bahrain #DigitalFinance - - - - - - - - - - P.S.: Stressed Out? www.sleepyhippie.com has you covered with one-of-a-kind relaxing coloring books

Alternative Investments: Gold vs Property vs Crypto on Wed 6 Nov 6.30pm – 8.30pm at Capital Club Dubai. Since our last debate on this subject at the club about a year ago, gold has gone up 30%. How are crypto, property, and other alternative investment assets doing? During these times of increasing economic uncertainty, where would you invest your wealth? Maybe all the above, and even go further and consider the blockchain and tokenisation route. Gain insights from experts before you decide. GOLD: Andrew Naylor, Head of Middle East & Public Policy, World Gold Council PROPERTY: Richard Waind, CEO, Betterhomes CRYPTO: Ivan Kozlov, Co-founder, Resolv Labs BLOCKCHAIN & TOKENISATION: Paul Huelsmann, CEO Global, MD Middle East, FINEXITY Moderator: Nigel Sillitoe, CEO & Founder, Insight Discovery ✔ Priority to Capital Club Dubai members. Register to RSVP@capitalclubdubai.com ✔ Non-members who meet the Club's criteria will be invited to attend. Register your interest by completing the following form https://lnkd.in/d93yGvKY #alternative #investments #gold #property #crypto #business #uae