The UAE Central Bank has revoked Omda Exchange’s licence, removed it from the register and imposed a $2.7m penalty ...
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UAE central bank revokes Omda Exchange licence, imposes Dhs10m fine
The Central Bank of the UAE (CBUAE) has revoked the licence of Omda Exchange, struck the entity off its official register, ...
The revocation and financial sanction were imposed based on the results of the findings of examinations conducted by the CBUAE ...
The United-States-based cryptocurrency exchange is now seeking a license in the United Arab Emirates as it seeks to escape “hostility and [a] lack of clarity” on regulations in the U.S. The Winklevoss ...
Dubai regulators noted that no clients were exposed, as FTX MENA was still in the preparation phase before getting fully approved to operate. As the FTX debacle still creates waves in the crypto ...
UAE Exchange was recognised by Tanmia, the National Human Resource Development & Employment Authority, for its commitment to the cause of Emiratisation. This initiative by the government of the United ...
A new platform launched by Dubai’s stock exchange aims to make it easier for private companies to raise capital. Dubai Financial Market on May 1 unveiled ARENA by DFM, a platform for initial private ...
The first ordinary-share listing on Dubai's new stock exchange could trigger a wave of similar issues. James Rice investigates how international law firms are reacting to developments in the region ...
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