Two out of the top 10 largest cryptocurrency exchanges by volume will expand into new markets, with Crypto.com obtaining a provisional crypto license in Dubai and FTX launching in Japan. Crypto.com announced on June 2 that the Dubai Virtual Assets Regulatory Authority (VARA) provided the exchange with provisional approval of its Virtual Asset License giving the company the go-ahead based on initial compliance checks. The exchange said that VARA will carry out further due diligence and other mandated requirements before its full operating license is issued which it expects to happen in the “near term” Crypto.com said in March it would create a regional office in the United Arab Emirates (UAE) largest city after it enacted new laws for crypto and created VARA with the goal of making Dubai a ...
The United Nations’ cultural agency has opened an exhibit detailing plans to restore multicultural landmarks in the Iraqi city of Mosul, underlining the role of architecture in helping heal wounds. The exhibit, “Revive the Spirit of Mosul,” will be featured on the sidelines of the 17th International Architecture Exhibition, which opened Saturday after a one-year pandemic delay under the title: “How will we live together?” The Venice Biennale’s central question resonates in particular in Iraq, which is experiencing turbulent change, and the old city of Mosul, where 80% of the city’s monuments were destroyed by extremists during the city’s 36-month occupation by the Islamic State group. Iraq is one of three countries participating for the first time at the Biennale, with an exhibit by Rashad...
The Leader Former Chief Justice of Nigeria, Walter Onnoghen, on Friday, stressed that Nigeria as a nation may not record any meaningful achievement in life until they are able to free the nation’s judiciary from the stronghold of politicians. Onnoghen who spoke publicly for the first time since his removal from office two years ago, attributed his sack to political manuevre. The former CJN, who was speaking at the unveiling of a book titled ‘Fundamental Rights (Enforcement Procedure) Rules, 2009, Practice, Procedure, Forms and Precedents’, by a legal luminary, Chief Ogwu James Onoja (SAN), attributed his sack to political intrigues. Onnoghen revealed that prior to his removal, he was accused by the executive of having met with former Vice President, Alhaji Atiku Abubakar in Dubai, United A...
Israeli Prime Minister Benjamin Netanyahu and Bahrain’s Crown Prince Sheikh Salman bin Hamad Al Khalifa on Thursday discussed Iran and the possible involvement of the Gulf state in establishing a vaccine plant in Israel, the two countries said. Bahrain and the United Arab Emirates formalised ties with Israel on Sept. 15 in part over shared concerns about Iran, in a deal forged by former U.S. President Donald Trump. Trump withdrew from a 2015 nuclear deal between Tehran and world powers, a move praised by Israel which has objected to the accord. His successor, President Joe Biden, wants to rejoin the deal. But in the week since Washington offered to talk with Tehran about reviving the nuclear deal, Iran has curbed U.N. monitoring and threatened to boost its uranium enrichment. Tehran denies...