Bored Gen DMCC (BG), the parent entity of Islamic Coin, had been under VARA's scrutiny regarding the legal issuance, marketing, and distribution of the token.
AlexIt is undeniable that a substantial sum of crypto went into the funding of the Israel-Hamas war but what about the all-too-obvious Islamic Coin that raises more red than green flags?
CatherineKomainu, a collaborative venture in the cryptocurrency custody sector involving Nomura, Ledger, and CoinShares, has successfully acquired an operating license from Dubai's Virtual Asset Regulatory Authority (VARA).
BrianWhile the founders and CEO have settled their fines, VARA reported that OPNX is yet to make the required payment, potentially leading the regulator to take further measures against the platform.
Snake
Coinlive The market alert issued by VARA states that BitOasis is being reviewed for failing to meet the mandated conditions required for VARA-regulated market activity within the specified 30-60 day timeframes. Earlier this year, BitOasis was granted Dubai's "minimum viable product operational license," but the regulator may now rescind that license.
Coinlive Coinbase is attempting to change the narrative around cryptocurrencies as part of an upcoming television advertisement campaign.
OthersIn terms of whether NFTs are halaal or haram, Islam is usually taught with the intention of fitting into the world's ever-changing demands, said Shukla.
CointelegraphWarba Bank, an islamic bank headquartered in Kuwait, is the latest banking corporation from the Middle East and North Africa ...
BitcoinistIndonesian Islamic organization NU says cryptocurrencies are too volatile to be legalized under Islamic law.
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