middle_east
😱 UAE🇦🇪: the cryptocurrency exchange KuCoin has been banned from operating in Dubai Paid Members Public
😱 UAE🇦🇪: the cryptocurrency exchange KuCoin has been banned from operating in Dubai The Virtual Assets Regulatory Authority (VARA) has ordered the platform to cease operations in Dubai after determining that it was operating without the required license. 💞 VARA warned investors that working with unlicensed services may entail financial and legal
⚠️United Arab Emirates 🇦🇪join international initiative on tax debt and crypto information exchange Paid Members Public
⚠️United Arab Emirates 🇦🇪join international initiative on tax debt and crypto information exchange The agreement is part of the Crypto-Asset Reporting Framework (CARF), developed by the Organisation for Economic Co-operation and Development (OECD). It covers both traditional centralized exchanges and other digital asset service providers subject to the new reporting
🤝Syria 🇸🇾: Mastercard signs “Memorandum of Understanding” with the Central Bank Paid Members Public
🤝Syria 🇸🇾: Mastercard signs “Memorandum of Understanding” with the Central Bank The card network is expected to play an active role in developing and launching a local payment system. ▶️The primary goal is to break the country’s financial isolation. ▶️The memorandum includes the development of payment infrastructure, the issuance of
🐫🐫🐫Revolut accelerates expansion in the UAE🇦🇪 Paid Members Public
🐫🐫🐫Revolut accelerates expansion in the UAE🇦🇪 The British-Lithuanian🇬🇧🇱🇹 neobank received approval from the Central Bank of the United Arab Emirates (CBUAE) to obtain a license for fund custody and retail payment services (category II). ▶️The services are mainly aimed at retail customers in the region. Expansion in the UAE is
⚡️ UAE🇦🇪: Checkout.com🇬🇧 and Visa Launch Push-to-Card Solution Paid Members Public
⚡️ UAE🇦🇪: Checkout.com🇬🇧 and Visa Launch Push-to-Card Solution Citizens can now send money directly to the recipient's debit or credit card. Arab merchants celebrate. 👉 As expected, Checkout.com handles real-time internal transactions and AFT payments, which are rapidly gaining popularity. 👉 Context: Since 2020, the steady rise of digital