{"id":141144,"date":"2023-09-01T22:10:36","date_gmt":"2023-09-01T16:40:36","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=141144"},"modified":"2023-09-01T22:10:36","modified_gmt":"2023-09-01T16:40:36","slug":"nomuras-crypto-custody-firm-komainu-bags-dubai-license-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/nomuras-crypto-custody-firm-komainu-bags-dubai-license-crypto-news\/","title":{"rendered":"Nomura\u2019s crypto custody firm Komainu bags Dubai license &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Komainu, a joint venture between Japanese financial services group Nomura Holdings, blockchain developer Ledger, and digital asset investment manager CoinShares, announced Tuesday that it received an operating license from the Virtual Asset Regulatory Authority (VARA) in Dubai.\u00a0<\/p>\n<p><strong><em>See related article:<\/em><\/strong> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/okx-crypto-exchange-dubai\/\">OKX crypto exchange to be operational in Dubai within the year, says executive<\/a><\/p>\n<h2 class=\"wp-block-heading\">Fast facts<\/h2>\n<ul>\n<li>The license allows the company to offer Dubai customers its custody services in full, including institutional staking and collateral management via its platform Komainu Connect, according to its <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/ae\/news-releases\/komainu-receives-virtual-asset-service-provider-vasp-licence-from-virtual-asset-regulatory-authority-in-dubai-301905911.html\">announcement<\/a>.<\/li>\n<li>Komainu sees \u201ctremendous\u201d growth opportunities in Dubai. The company also has offices in London, Dublin and Singapore.<\/li>\n<li>Komainu follows a slew of crypto companies that have expanded to Dubai, including <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/headlines\/binance-crypto-license-dubai-days-ftx\/\">Binance<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/okx-crypto-exchange-dubai\/\">OKX<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/headlines\/hex-trust-bags-virtual-asset-license-from-dubai\/\">Hex Trust<\/a> and Nomura\u2019s crypto subsidiary Laser Digital.<\/li>\n<li>The United Arab Emirates have been pushing to grow the region, headlined by Dubai, as a crypto hub of the world. In March 2022, Dubai\u2019s law regulating digital assets <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/insights-dubai-cryptocurrency-digital-assets-hub\/\">came into effect<\/a>, creating VARA as a regulatory body setting operations standards for international crypto businesses.<\/li>\n<li>Komainu, established in 2018, mainly provides crypto custody to exchanges, institutions and asset managers.<\/li>\n<\/ul>\n<p><strong><em>See related article:<\/em><\/strong> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/insights-dubai-cryptocurrency-digital-assets-hub\/\">Insights from Dubai\u2019s cryptocurrency scene as city looks to be global digital assets hub<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Komainu, a joint venture between Japanese financial services group Nomura Holdings, blockchain developer Ledger, and digital asset investment manager CoinShares, announced Tuesday that it received an operating license from the Virtual Asset Regulatory Authority (VARA) in Dubai.\u00a0 See related article: OKX crypto exchange to be operational in Dubai within the year, says executive Fast facts [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":141145,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-141144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=141144"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141144\/revisions"}],"predecessor-version":[{"id":141146,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141144\/revisions\/141146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/141145"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=141144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=141144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=141144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}