Virtual Asset Hubs ⚙️

We track the latest virtual asset news for these virtual asset hubs and more. The virtual asset destinations below are some of the most cryto-friendly and popular in the world. Click on a hub to see the latest news, or see all the crypto hub news by scrolling below.

Abu Dhabi 🇦🇪

Dubai 🇦🇪

Hong Kong 🇭🇰

United Kingdom 🇬🇧

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📱 Latest Virtual Asset Hub News

Hong Kong Advances Virtual Assets Regulation with 11 Exchange Approvals

Hong Kong Advances Virtual Assets Regulation with 11 Exchange Approvals

June 6, 2024 Hong Kong Virtual Assets Web3

Hong Kong has been making significant strides in establishing itself as a global hub for virtual assets and Web3 technologies. However, the city's regulatory landscape has been a topic of much discussion, particularly in light of recent developments surrounding the licensing of cryptocurrency exchanges. Over the past week,

Dubai's VARA Marks Two Years as World's First Virtual Asset Regulator

Dubai's VARA Marks Two Years as World's First Virtual Asset Regulator

May 16, 2024 Dubai VARA UAE

Dubai's Virtual Assets Regulatory Authority (VARA), established in March 2022 under Law No. 4, recently celebrated its two-year anniversary as the world's first dedicated virtual asset regulator. Over this period, VARA has played a crucial role in shaping Dubai's legal framework for virtual assets,

Blockdaemon Expands Operations to Abu Dhabi

Blockdaemon Expands Operations to Abu Dhabi

May 14, 2024 Blockdaemon Blockchain Infrastructure Infrastructure

Blockchain infrastructure company Blockdaemon has announced its expansion into the Middle East with the opening of a new office and entity in Abu Dhabi, United Arab Emirates. The move, approved by the Abu Dhabi Global Market (ADGM) Registration Authority, aligns with Blockdaemon's strategy to provide Web3 infrastructure solutions

Fireblocks Opens NY Virtual Asset Custody Trust Company

Fireblocks Opens NY Virtual Asset Custody Trust Company

May 10, 2024 Fireblocks Custody Virtual Assets

The secure custody of virtual assets has become a critical concern for investors, financial institutions, and regulators alike. Fireblocks, a leading blockchain security platform, has emerged as a key player in this space, offering cutting-edge solutions for the secure storage, transfer, and management of virtual assets. With the recent unveiling

Chainalysis Expands Presence in Dubai as Dubai Emerges as Crypto Hub

Chainalysis Expands Presence in Dubai as Dubai Emerges as Crypto Hub

May 8, 2024 Chainalysis Dubai UAE

Dubai has become a global hub for virtual assets and blockchain technology. In just the last month: * Dubai hosted Token2049, one of the world's largest crypto conferences * Binance secured a full virtual asset service provider licence from VARA, the Virtual Assets Regulatory Authority * VARA announced plans to simplify

Hong Kong's ZA Bank Expands Virtual Asset Services

Hong Kong's ZA Bank Expands Virtual Asset Services

May 3, 2024 Hong Kong China Virtual Assets

Hong Kong's largest virtual bank, ZA Bank, is advancing its footprint in digital finance. The lender, founded by Chinese billionaire Yaping Ou, recently announced plans to offer token-to-fiat currency conversions and provide account services for licensed cryptocurrency exchanges. This move positions ZA Bank as a settlement bank, allowing

Virtual Asset Service Providers Challenging Binance's Lead in Global Bitcoin Trading

Virtual Asset Service Providers Challenging Binance's Lead in Global Bitcoin Trading

May 1, 2024 Binance Bitcoin Virtual Asset Service Provider

The competitive landscape of the cryptocurrency industry is undergoing a major shift as the exchanges battle for a larger slice of the global Bitcoin trading market. While Binance, the world's largest crypto exchange, has long held a dominant position in non-US Bitcoin trading, its rivals are now making

Hong Kong Bitcoin and Ethereum ETFs Set to Launch April 30

Hong Kong Bitcoin and Ethereum ETFs Set to Launch April 30

April 29, 2024 Hong Kong China Virtual Asset ETF

Several Chinese asset managers are preparing to launch spot Bitcoin and Ethereum exchange-traded funds (ETFs) on the Hong Kong Stock Exchange on April 30, 2024. China Asset Management, Harvest Global Investments, and Bosera Asset Management, in partnership with HashKey Capital, are leading the charge in bringing these innovative investment products

ADGM Signs MoU with Hacken to Enhance Blockchain Security and Compliance Standards

ADGM Signs MoU with Hacken to Enhance Blockchain Security and Compliance Standards

April 26, 2024 Abu Dhabi UAE ADGM

Abu Dhabi Global Market (ADGM), the international financial center in Abu Dhabi, UAE, has partnered with Hacken.io, a company specializing in blockchain security auditing, to enhance blockchain security and compliance standards. This collaboration was formalized through a Memorandum of Understanding (MoU) signed by both parties. The MoU outlines a

Binance Secures Full Virtual Asset Service Provider License in Dubai

Binance Secures Full Virtual Asset Service Provider License in Dubai

April 18, 2024 Dubai VARA Binance

Binance, the world's largest crypto exchange by trading volume, has been granted a full virtual asset service provider (VASP) license by Dubai's Virtual Assets Regulatory Authority (VARA). This milestone marks a major step forward for both Binance and Dubai's growing virtual asset ecosystem, as

Dubai's VARA Looks to Simplify Compliance for Small-Scale Virtual Asset Operators

Dubai's VARA Looks to Simplify Compliance for Small-Scale Virtual Asset Operators

April 17, 2024 Dubai VARA Virtual Assets

Dubai's Virtual Asset Regulatory Authority (VARA) is taking steps to make it easier for smaller virtual asset companies to operate in the emirate. The regulator plans to reduce the financial burdens these firms face in an effort to create a more supportive environment for their operations. Speaking at

Hong Kong Approves First Bitcoin and Ethereum Spot ETFs

Hong Kong Approves First Bitcoin and Ethereum Spot ETFs

April 15, 2024 Hong Kong Bitcoin ETF Ethereum ETF

Hong Kong has conditionally approved its first spot Bitcoin and Ether exchange traded funds (ETFs), positioning the city to become Asia's virtual asset hub. The Hong Kong Securities and Futures Commission (SFC) has given the green light to at least three offshore Chinese asset managers, including the Hong