BitOasis has partnered with the Dubai Police Force to establish safety regulations around crypto investments in the region, according to the exchange’s CEO.
UAE regulators approve crypto trading in Dubai free zone
Dubai authorities continue driving more adoption to the cryptocurrency industry by pushing more regulatory approvals.
Dubai to benefit from expanding crypto market, Bittrex Global CEO says
The United Arab Emirates has been cementing its presence in the digital asset industry recently with multiple efforts to further adopt blockchain-based technologies.
HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain
HSBC plans to improve the KYC process for local investors and corporate clients by leveraging blockchain technology.
Nasdaq Dubai rolls out trading for 3iQ’s Bitcoin Fund
3iQ launched its Bitcoin Fund trading on Nasdaq Dubai after receiving regulatory clearance for a dual listing in April.
UAE authority issues warning about Dubai Coin
Dubai does not have an official cryptocurrency, officials state.
100K Minimum bid VR NFT Art Auction
THE BR8VE VR art at Terra Virtua
Follow the drop on Twitch from https://www.twitch.tv/terravirtua
Starting soon 2PM BST lasting until 27th.
Auction lasts on Terra Virtua from today until the 27th during the AIBC Summit in Dubai.
The VR Glasses and the work will be available to see both at the conference as well as privately upon request.
Watch the sneak peak film here from VESA’s studio.
The BR8VE
It was first an artwork commissioned by an early anonymous crypto OG, who revealed that Satoshi Nakamoto is eight different experts in their fields. ‘The story of Bitcoin thus far’ took me five months to convert into an artwork, and a further six months with the 3D wizard Frank Spalteholz, as well as composer Mighty33 to transform it into an exclusive VR artwork.
The piece has a 30-minute mini-documentary about it, explaining the substance. Watch here
The first out of 10 NFT is reserved for the mystery OG, who may be one of the eight people, and nine others will now be sold to the market with a Varjo headset. The Finnish company Varjo has the world’s most advanced VR headset, only available for industrial players like Apple, Lockheed Martin, Boeing, Volvo, etc. The headset is not commercially available and has an astonishing 8K resolution that people fly airplanes with and perform surgery in major hospitals – and you. The NFT comes with the headset, controllers, a powerful laptop, and a physically signed big print copy of the original version. It is set up for troubleshooting remotely to ensure a smooth transition.
You can see a 2D preview of the work here, as well as hear the glorious soundtrack by Mighty, which captures the danger, tension, and power of the Bitcoin island perfectly in its purgatory.
100K USD minimum bid
The bids for the 2/10 version will start from 100K USD, but as we know that people like exclusive things, for this very first version only, we will offer a ‘buy now’ option for 1M USD, which means no other versions will come to market. It will then be a 2/2.
Watch VESA address this in a tweet earlier this morning
Few more #VR Brave words regarding the market situation, @elonmusk tweets, and the hottest #NFT around with @TerraVirtuaArt @Mighty_33
Online today feom 2Pm BST pic.twitter.com/PKt0HBmAXp
— VESA (@artbyvesa) May 23, 2021
Have a look at this interview with the co-founder Gary about why Terra Virtua is a big deal in the NFT space, and their art segment will soon be a force to be reckoned with here.
V E S A
Crypto & NFT Artist
All links to physical, NFTs, and more below
http://linktr.ee/ArtByVesa
Dubai Airport Free Zone welcomes crypto assets with new SCA agreement
Dubai aims to attract foreign crypto investors.
DMCC strikes deal to build blockchain-based precious metals refinery in Dubai
The precious metals refined on the site will be tokenized and traded on the DMCC Gold Exchange platform.
Dubai’s economic department to roll out blockchain-based corporate KYC
Dubai’s Department of Economic Development wants to accelerate the total adoption of UAE KYC — the national Know Your Customer standard running on blockchain technology.
Dubai regulators call for public feedback on proposed crypto laws
Financial regulators in Dubai have enacted a 30-day window for public comments on security token regulations.
Dubai Free Zone Becomes First UAE Government Entity to Accept Bitcoin
The free zone accepts payments in bitcoin, ether and the tether stablecoin.
Ripple Opens Dubai HQ as Blockchain Firm Mulls Leaving US
The blockchain company’s new Middle East and North Africa headquarters will be within the DIFC financial hub.
Samsung-Backed Blocko Launches in UAE After Dubai Blockchain Push
Enterprise blockchain provider Blocko has launched in the UAE after raising capital in Asia and Europe.
Trump Administration in Talks With Crypto Startup on Israeli–Palestinian Peace Plans
Crypto startup Orbs has been working with the Trump administration to explore blockchain solutions related to the Israeli–Palestinian conflict.
UK Baroness’ Luxury Bitcoin Property Project Reportedly Suffering Delay
A British baroness’ luxury residential project targeting the crypto rich has been put on hold, says The Times.
Dubai Plans to ‘Disrupt’ Its Own Legal System with Blockchain
Dubai is planning to develop what it calls a “Court of the Blockchain” as part of a wider push for smart government operations.
Dubai Government Unveils Blockchain Business Registry
Dubai’s Department of Economic Development is using blockchain technology to make it easier for companies to set up and operate in the country.
Dubai Government Looks to Blockchain Amid ‘Smart Cities’ Drive
CoinDesk speaks to Noah Raford a key driver of Dubai’s Museum of the Future initiative, which recently unveiled its support for blockchain tech.