Crypto News

DeFi Platform MANTRA Finance Scores VASP Licensing in Dubai

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MANTRA Finance Secures Virtual Asset Service Provider (VASP) License from Dubai’s VARA MANTRA Finance, a leading DeFi platform, has officially obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), the company announced on Wednesday. This regulatory milestone enables MANTRA to function as a virtual asset exchange, providing broker-dealer and […]

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Mantra Finance secures Dubai crypto license to expand DeFi, RWA services

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Mantra Finance, a decentralized finance and real-world asset tokenization platform, has successfully obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This achievement enables the company to extend its operations across the United Arab Emirates and the wider Middle East and North Africa (MENA) region. On February 19, Mantra

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XRP News Today: SEC’s Crypto Crackdown Fades—What It Means for XRP; BTC at $95K

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Key Points: XRP slumps 3.75% as SEC uncertainty lingers—appeal withdrawal could trigger a rally beyond its all-time high of $3.55. SEC vs. Ripple: Will the agency withdraw its appeal? Speculation grows as crypto cases stall, impacting XRP’s outlook. Coinbase case pause sparks hopes for SEC’s Ripple appeal withdrawal—what this means for crypto enforcement trends. SEC

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Mubadala puts $436m into BlackRock’s bitcoin ETF

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Mubadala has made a significant investment of $436 million in BlackRock’s bitcoin exchange-traded fund (ETF). The Abu Dhabi sovereign wealth fund acquired 8.2 million shares in the iShares Bitcoin ETF during the fourth quarter of 2024, according to its recent filing with the U.S. Securities and Exchange Commission (SEC). iShares, which is managed by BlackRock,

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Dubai’s Crypto Regulator Alerts Investors on New Memecoins Flooding Market 

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Dubai’s regulatory body for virtual assets has issued a cautionary statement regarding the growing risks tied to memecoin investments, as their market presence expands rapidly. The Virtual Assets Regulatory Authority (VARA) of Dubai has strongly urged investors in the city to exercise caution when dealing with memecoins, describing them as “highly speculative” assets. According to

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Dubai’s Crypto Regulation: Balancing Innovation and Compliance

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Dubai: A Thriving Hub for Cryptocurrency and Blockchain Innovation Dubai has swiftly positioned itself as a leading global center for cryptocurrency and blockchain advancements, drawing interest from investors, entrepreneurs, and tech innovators across the world. This rapid rise is largely fueled by the emirate’s forward-thinking regulatory approach, which seeks to drive innovation while maintaining compliance

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Dubai’s Crypto Regulation: Balancing Innovation and Compliance

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Dubai has rapidly established itself as a global hub for cryptocurrency and blockchain technology, attracting investors, entrepreneurs, and innovators from around the world. This remarkable rise can largely be attributed to the emirate’s forward-thinking regulatory framework, which promotes innovation while ensuring compliance with international standards. However, this balance presents a complex challenge: How can Dubai

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Dubai Issues Urgent Warning on Memecoins—76% Linked to Failed Projects

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VARA Issues Warning on Memecoins Amid Rising Crypto Speculation Dubai’s Virtual Assets Regulatory Authority (VARA) has raised concerns about the rapid rise and fall of memecoins, cautioning investors about their volatility. Unlike traditional cryptocurrencies backed by real-world utility, memecoins are often driven by hype and social media trends, making them highly susceptible to pump-and-dump schemes

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Dubai’s VARA Warns of Memecoin Risks Amid Tighter Crypto Regulations

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Dubai’s Virtual Assets Regulatory Authority (VARA) has issued a warning to investors regarding the risks associated with memecoins, emphasizing their volatility and susceptibility to market manipulation. According to VARA, memecoins are largely driven by social media trends and often lack intrinsic value, making them highly speculative and financially risky. The regulator also cautioned against misleading

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Crypto exchanges, security and Solana’s rise in 2025: Backpack CEO

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Exploring the Future of Centralized Crypto Exchanges with Armani Ferrante In a recent episode of Hashing It Out, host Elisha Owusu Akyaw engages in a compelling discussion with Backpack CEO Armani Ferrante about the shifting landscape of centralized cryptocurrency exchanges. With regulatory scrutiny intensifying and the industry still grappling with the aftermath of FTX’s collapse,

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