LARA on the Block
Advertising · Blockchain & Crypto
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News
Former Crypto.com UAE General Manager Mohammed Al Hakim joins MultiBank exchange
Mohammed Al Hakim, former president and general manager of Crypto.com's UAE operations, has joined MultiBank Group as vice chairman and CEO of MB.io, its UAE VARA regulated cryptocurrency and digital asset trading platform. As per the appointment announce
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Animoca Brands subsidiary receives UAE license for collective investment fund
The subsidiary of Animoca Brands, Animoca Asset Management (AD) Limited (AAM), has received a Financial Services Permission (FSP) by the Financial Services Regulatory Authority (FSRA) of ADGM, in the UAE for a collective investment fund. As per the announ
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Bahrain to establish an AI Blockchain wholesale bank with ARP Group
Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, and ARP Group have partnered to establish an AI-native and blockchain enabled wholesale bank headquartered in Bahrain, after receiving in principle appro
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Digital assets included in Aramco acquisition of HUMAIN AI In KSA
Saudi Arabia Public Investment Fund known as (PIF) and Aramco have announced that Aramco, through a wholly owned subsidiary, has acquired a 49% stake in HUMAIN, with PIF retaining 51% ownership involving approximately SAR 9.9 billion or $2.6 billion in ca
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As Binance reopens withdrawals, UAE FSRA regulator issues statement
Binance has begun reopening withdrawals following the hack, starting with Bitcoin, as the incident continues to dominate headlines across crypto media. The Financial Services Regulatory Authority (FSRA) in ADGM, the UAE financial zone where Binance is lic
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Trezor warns CryptoBilis buyers after suspected hardware implant reported in Safe 5 wallet
Crypto hardware wallet provider Trezor has warned customers who purchased devices through Southeast Asian reseller CryptoBilis from March 2026 onwards to move their funds to a newly created wallet with a new recovery phrase, following a report of a suspec
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Binance puts security incident at $6.3 billion with half of amount frozen
Binance which is regulated in the UAE both under ADGM FSRA as well as VARA Dubai, has put the estimated impact of its latest security incident at around $6.3 billion, with approximately $3 billion frozen on-chain, as its initial investigation points to a
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SettleMint and IBM offer an integrated platform for tokenized assets
UAE based SettleMint, Digital Asset Lifecycle Platform (DALP), has been integrated with IBM Digital Asset Haven, enabling financial institutions, governments and other regulated organizations to manage tokenized assets throughout their lifecycle while lev
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Standard Asset Company sets up in ADGM for proposed $1.5 billion Bitcoin reserve
Standard Asset Company (SAC) has established its headquarters at Abu Dhabi Global Market (ADGM), with a proposed $1.5 billion strategy combining a professionally managed Bitcoin reserve with investments in UAE real estate. Coinbase Asset Management has be
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PRYPCO secures VARA property token issuance license
PRYPCO has secured a Category 1 Virtual Asset Issuance License from Dubai's Virtual Assets Regulatory Authority (VARA), adding token issuance to its existing broker-dealer authorization, according to a LinkedIn post by Joseph El Am, General Manager of PRY
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