Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Shivani Kumaresan

Cryptocurrency Exchange FTX Wins License In Dubai

Dubai FTX Sam Bankman-Fried VARA
  • Cryptocurrency exchange FTX has received a virtual asset license in Dubai, Bloomberg reported.
  • The exchange also has plans to set up a regional headquarters in Dubai.
  • The firm will offer “complex crypto-derivatives products with centralized counterparty clearing to institutional markets,” the report quoted FTX CEO Sam Bankman-Fried.
  • The license comes a week after Dubai announced the creation of the Virtual Asset Regulatory Authority (VARA), which will be responsible for governing the crypto sector.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Is intermittent fasting better than counting calories? Maybe not, but you might stick with it
Intermittent fasting, where people eat what they want, but only during certain daily windows of time, has skyrocketed in popularity in recent years
The Independent UK
The Independent UK
Jerrod Carmichael Reality Show: features one of the most painful family arguments ever seen on TV
This excruciatingly revealing reality show is so extreme it’s hard to believe that what you’re watching is the truth – and maybe you’re not
The Guardian - UK
The Guardian - UK
A new AI service allows viewers to create TV shows. Are we doomed?
Showrunner will let users generate episodes with prompts, which could be an alarming next step or a fleeting novelty
The Guardian - US
The Guardian - US
Madonna sued for "pornography" on stage
This is the second lawsuit leveled at the singer for her Celebration world tour
Salon
Salon
Bianca Censori Tests The Patience Of Italians Once More As She Covers Up Again With A Pillow
"Wouldn't it be easier to just put some clothes on?" The post Bianca Censori Tests The Patience Of Italians Once More As She Covers Up Again With A Pillow first appeared on Bored Panda.
Bored Panda
Bored Panda
Michael Jackson's children blocked from late singer's trust over '$700m tax bill'
Michael Jackson’s three children and his mother have been blocked from receiving funds from the late singer’s trust until a hefty tax bill has been settled.
Evening Standard
Evening Standard
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play