Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Michael Saylor’s Bitcoin Strategy Realizes $21.3 Billion Gains

    Bitcoin Surpasses Google in Global Market Rankings

    Bitcoin Surpasses Google in Market Cap Ranking

    Philippe Laffont Predicts Bitcoin’s Potential $5 Trillion Market Cap

    Bitcoin.ℏ Integrates SHA-384 for Quantum Security

    Bakkt Files $1 Billion Shelf Offering for Potential Bitcoin Purchases

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Ripple and SEC Reach Significant Settlement Resolution

    Dinari Receives SEC Approval for Tokenized Stocks in U.S.

    Dinari Secures SEC Approval for Tokenized Stock Trading

    Dinari Approved by SEC for U.S. Tokenized Stock Trading

    Dinari Secures SEC Approval for Tokenized Stock Trading

    Kakaopay Stock Falls 17% After Stablecoin Concerns

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

New Crypto Exchange, Bitex Launched in UAE

Joshua T. by Joshua T.
November 24, 2018
in Latest News
Bitex

The Middle East has seen a recent influx of crypto-based companies in recent times. In light of this, a crypto exchange, Bitex has officially opened shop in the United Arab Emirates’ (UAE).

Bitex to Trade top Cryptos

According to the press release submitted by Bitex, traders will have the opportunity of trading four top-ranking cryptos— Bitcoin, Bitcoin cash, Ethereum and Litecoin. Eventually, more digital assets are expected to get added to the platform.
Bitex also made it known that it has launched a cryptocurrency wallet that “offers an additional cash deposit service.”

According to the CEO of the exchange, Bitex UAE will integrate several payments options such as FIAT bank transfer and credit or debit cards. He also stressed that all money deposited in on the exchange will be available for trading in less than 24hours.
He said that:

“Recent changes in UAE regulation have made today the perfect time to seize the opportunity to introduce a new, secure, professional trading platform,”

He also added that:

“ UAE government has demonstrated progressive leadership with its Blockchain Strategy 2021, which has “laid the groundwork for digital assets becoming more accessible” in the Gulf state. As result of this, UAE residents have been calling out for more options to securely buy and sell digital currencies, while residents have been able to use international trading platforms for some time, having access to a local exchange is far more convenient. Trading via a UAE-based company allows customers to easily deposit local currency rather than first having to exchange it for a more widely-accepted currency.”

New Legal Framework for UAE

In June 2018, a legal framework targeted at regulating the crypto industry of the UAE was released by the Financial Services Regulatory Authority, the regulator of Abu Dhabi Global Market.
The function of the framework is to help prevent the growth of fraudulent crypto businesses in the ecosystem. With the release of the framework, several crypto businesses are shifting their attention towards the UAE.

Tags: Bitexcrypto exchangeUAE
Previous Post

What are KYC and AML? Why Do They Matter for the Crypto Industry?

Next Post

Bitpay Adds Support for New Stablecoin—(PAX)

Joshua T.

Joshua T.

Related Posts

German Authorities Alert Tech Giants on DeepSeek Data Breach

by Adriana M.
June 28, 2025

German officials notify Apple, Google of DeepSeek's unlawful data transfers to China, citing GDPR violations.

Donald Trump Urges Jerome Powell to Resign as Fed Chair

by Solomon M.
June 28, 2025

Donald Trump calls for Fed Chair Powell's resignation, impacting financial and crypto markets.

Trump Calls for Fed Chair Powell’s Resignation

by Solomon M.
June 28, 2025

Trump demands Powell's resignation, impacting U.S. markets and crypto sentiment.

Donald Trump Criticizes Fed Chair Powell at NATO Summit, Impacting Crypto Markets

by Solomon M.
June 28, 2025

Donald Trump criticizes Fed Chair Powell at NATO Summit, impacting interest rate speculation and cryptocurrency markets.

Trump Criticizes Fed Chair Powell, Calls for Resignation

by Joshua T.
June 28, 2025

Donald Trump criticizes Fed Chair Jerome Powell, hinting possible leadership change and market reactions.

KraneShares Files SEC Paperwork for Coinbase 50 Index ETF

by Joshua T.
June 28, 2025

KraneShares submits SEC filing for Coinbase 50 Index ETF, targeting top 50 cryptocurrencies.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.