SEA Digest: Crypto.com gets preparatory licence in Dubai; Bitcoin transactions spike on Ajaib

SEA Digest: Crypto.com gets preparatory licence in Dubai; Bitcoin transactions spike on Ajaib

FILE PHOTO: A representation of bitcoin is seen in an illustration picture taken on June 23, 2017. REUTERS/Benoit Tessier/File Photo

Singapore-based blockchain and cryptocurrency trading platform Crypto.com has received its MVP preparatory licence from Dubai’s Virtual Assets Regulatory Authority (VARA). Meanwhile, Indonesia-based Ajaib said the number of bitcoin transactions on its platform increased by 600% in three days.

Edited by: Pramod Mathew