institutions

Crypto Oasis Launches Cove Beach Venue in the Metaverse with Exscape at Annual Ecosystem Night

Annual Cove Beach Memberships as NFTs with a physical fractionalised Mural launched on the evening Highlights Crypto Oasis hosted top organisations and players in the regional Ecosystem for its annual Ecosystem Night Exscape was the co-host for the evening and the creator of the entire Cove Beach Venue in the Metaverse that provided a unique immersive experience The Founders Mural at Cove Beach designed and created by Faisal Zaidi was tokenised into 100 pieces of art representing annual memberships to Cove Beach [gallery size="large" link="none" ids="1996866,1996796,1996794,1996865"] March 2 2023, Dubai,

Spool deploys on Arbitrum One to expand simplified, risk-managed DeFi access for over 2.4 million unique addresses

[vc_row][vc_column][vc_column_text] As Spool deploys on its first layer-2 blockchain, users on Arbitrum One can now build auto-rebalancing and auto-compounding DeFi portfolios with unparalleled customization, risk management, and diversification. [/vc_column_text][vc_images_carousel images="1981852,1981849,1981850,1981851,1981853" img_size="full" hide_prev_next_buttons="yes"][vc_column_text]February 2023— Spool, the DAO platform allowing institutions and users to build seamlessly customizable, risk-managed DeFi yield portfolios, launches on Arbitrum One, its first alternative blockchain to Ethereum mainnet. As the leading layer-2 blockchain in total value locked (TVL), the Arbitrum One integration brings Spool’s Smart Vault creation tool and six strategies to the network’s user ecosystem, which boasts

Reasons for Regulation

There are multiple reasons cited for increased regulation in crypto, the most common of which are investor protection, institutional adoption, and safety. While regulations can be seen as a good thing in general for the space they’re by no means a universal panacea. Examining what central banks want regulation to look like gives a clearer indication of who benefits most from them. In December Sir Jon Cunliffe, Deputy Governor of the Bank of England said, “We would need to regulate to ensure that we get the same level of protection,

Komainu Secures MVP Licence from Dubai’s Virtual Assets Regulatory Authority

Dubai, United Arab Emirates, [22  November] 2022 - Komainu (Custodian), a regulated digital asset custody provider built by institutions for institutions, has announced today that it has received the minimal viable product (MVP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA), following the issuance of its provisional approval in July 2022. The MVP licence means that Komainu can offer an approved range of virtual asset related services to institutional investors in Dubai within an internationally benchmarked legislative framework for virtual asset service providers (VASPs) following completion of its readiness requirements. 

VNX Gold token now available on LBank, expanding global interest in gold-backed digital assets

[vc_row][vc_column][vc_column_text]Leading cryptocurrency exchange LBank, adds VNX Gold to its platform, becoming one of the exchanges to offer VNX’s asset-backed token tied to precious metals[/vc_column_text][vc_gallery type="flexslider_slide" interval="0" images="1733853,1733847,1733848,1733849,1733850,1733851,1733852" img_size="full" onclick=""][vc_column_text]Liechtenstein, November 2022 — VNX, Europe’s first regulated platform for investing in tokenized precious metals, announces that VNX Gold token is available on a top virtual asset exchange LBank. VNX Gold tokens represent an ownership stake of physical gold bullion certified by the London Bullion Market Association (LBMA). As the premier token of the VNX platform, VNX Gold empowers users to invest

Digital Nigeria 2022: NITDA Director General tasks Tech Innovators with Problem Solving

Kashifu Inuwa challenges entrpreneurs to identify then solve problems, during Day 3 of the Digital Nigeria 2022 International Conference ABUJA, NG, Oct 31, 2022 - (ACN Newswire) - The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, CCIE has challenged Nigerian tech innovators and entrepreneurs to identify problems bedeviling the nation with the view to proffering solutions because the government has provided a level playing field for them to achieve just that. NITDA Director General and conference host Kashifu Inuwa, CCIE, challenged Nigerian tech innovators and entrepreneurs to

Drawing Parallels

For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those with prior experience in nascent industries, it bears remarkable similarities to how other technologies have seen regulations imposed on them. For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those with prior experience in nascent industries, it bears remarkable similarities to how other technologies have seen regulations imposed on them. Five years

The Government Blockchain Association (GBA)’s EMEA Lead to speak at UK House of Commons

Wednesday 19th October 2022 from 17:30-19:00 (BST), theAll-Party Parliamentary Group (APPG) on Blockchain Chair in the House of Commons, Martin Docherty-Hughes MP, has invited Ms. Priya Guliani, (the Government Blockchain Association’s Regional Lead for Europe, Middle East, and Africa), to speak at the APPG Evidence Meeting on Sustainability & Climate Change: Energy Consumption & Other Issues. This meeting is part of the APPG’s work on blockchain in the UK Parliament, and part of a series of APPG meetings to make the policymakers aware of blockchain technology's developments, applications, and regulatory implications.

Crypto Oasis to host 3 pivotal Web3-related sessions at the inaugural Dubai Metaverse Assembly

Crypto Oasis will discuss the potential of the exhilarating virtual environment with the global metaverse community Key Highlights: The first two sessions by the Crypto Oasis will focus on the Digital Economy and Venture Capital in the Metaverse.  The third session will be a thought leadership talk about the Crypto Oasis supporting Web3 technologies and entrepreneurs in the Middle East.  The Crypto Oasis will participate in the metaverse assembly among over 300 global experts, policymakers, thought leaders, and decision-makers from more than 40 organisations.  Dubai, September 27, 2022: The inaugural

Digital Assets

If you ask most people in crypto what a digital asset is they usually reply that it covers everything in crypto. For over a year major exchanges and projects have been asking regulators the same question and are repeatedly frustrated by their inability to answer clearly. The reason is that the term ‘digital asset’ is one you’re likely to hear or read about frequently in the coming months. According to well-placed sources within financial journalism, regulators and lobbyists backed by legacy financial institutions are gearing up to label every cryptocurrency