According to Gate News bot, Zodia Custody, a digital asset custody service provider, has completed the acquisition of UAE's Tungsten Custody Solutions. Zodia Custody holds an existing license in the Abu Dhabi Global Market (ADGM), and this acquisition will help deepen its presence in the Middle East. At the same time, Zodia Custody will continue to promote Tu

The founder and CEO of Gate.io revealed at the TOKEN2049 Dubai conference that a significant announcement will soon be made. The platform has obtained an operating license issued by the Dubai Virtual Assets Regulatory Authority, indicating progress in globalization and Compliance. As a leading encryption platform, Gate.io is expanding its international influence, having become the official sponsor of Inter Milan Football Club and the F1 Red Bull Racing Team. Speculations are rife in the news arena, and more details will be unveiled in the near future.

Odaily Planet Daily News Dubai Virtual Assets Regulatory Authority (VARA) has issued a warning regarding the risks associated with Meme coin, cautioning investors against investing in speculative and unregulated assets. The regulatory body stated that these assets are speculative, volatile, and susceptible to market manipulation. It also urged investors to act cautiously when receiving unrealistic return promises, emphasizing that such promises often indicate fraudulent activities. (Cointelegraph)

BlockBeats news, on February 14th, according to Cointelegraph, the Virtual Asset Regulatory Authority (VARA) of Dubai issued an investor warning, requiring Meme coins issued in Dubai to comply with VARA's regulatory requirements. VARA reminds investors to be aware of the risks associated with Meme coins, stating that "such assets are highly speculative, volatile, and susceptible to market manipulation. Many of these assets lack Intrinsic Value, and their prices are mainly driven by social media trends, speculation, or misleading marketing strategies." According to the regulations, Meme coins issued in Dubai must comply with marketing regulations in terms of promotion, advertising, etc., and institutions that violate marketing rules may face fines of up to $135,000. At the same time, VARA also warned that the authority has the right to restrict access to meme coin platforms without prior notice.

On November 16th, the OneBlock+ community will host the 2024 Polka Hackerthon final Demo Day in Bangkok, Thailand, providing various assistance to the development teams of the Polkadot ecosystem. The competition sets four main themes, with a total prize pool of $315,000. Bounty sponsors include Vara Network & Gear, CESS Network, Unique, Bifrost, Darwinia Network, Moonbeam, Blockchain for good, etc.

Odaily Planet Daily News Decentralized Finance platform MANTRA has obtained a Virtual Asset Service Provider (VASP) license issued by the Dubai Virtual Asset Regulatory Authority (VARA), which will enhance MANTRA's influence in the Middle East and support its tokenization of real-world assets (RWA) follow. (Coindesk)

Golden Finance reported that the Virtual Asset Regulatory Authority (VARA) in Dubai announced that companies promoting digital asset investments in the country must prominently display disclaimers stating that "virtual assets may depreciate in whole or in part and are subject to significant Fluctuation". VARA CEO Matthew White said that providing clear and actionable guidance can help virtual asset service providers (VASPs) to "provide services responsibly".