[Oct 18, 2023 3:45 AM] UAE, Dubai and Bahrain continue to attract major cryptocurrency exchanges and businesses due to their progressive regulatory approaches.
[Oct 14, 2023 4:30 AM] Fluent Finance, a US-based startup that aims to bridge banking and Web3, has announced that it will partner with the Ministry of Economy of the United Arab Emirates (UAE) to develop deposit token-based tech. The company, which takes advantage of…
[Oct 3, 2023 6:50 AM] Distributed Technologies Research has launched DRAM, a Dirham-backed stablecoin that aims to tap into the performance of the United Arab Emirates fiat currency.
[Sep 29, 2023 7:06 AM] SBI Holdings will work with UAE firm TradeFinex on a Japanese joint venture to boost the adoption of its enterprise blockchain platform on the XDC Network.
[Sep 26, 2023 3:43 PM] The Japanese bank joins a rapidly growing number of digital asset firms operating in Abu Dhabi and the rest of the United Arab Emirates.
[Sep 25, 2023 2:19 PM] The project now includes central and commercial banks from China, Hong Kong, Thailand and the UAE. Future new members were not identified.
[Aug 28, 2023 3:00 PM] New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive after the next BTC halving.
[Aug 18, 2023 6:00 PM] Dubai will offer subsidized licenses for Web3 and artificial intelligence (AI) companies that want to enter the country. The Dubai International Financial Centre (DIFC) and its campus will subsidize 90% of the costs of these licenses to attract…
[Aug 16, 2023 5:31 AM] M2 platform will launch later in 2023, allowing UAE-based retail and institutional clients to buy, sell and custody virtual assets.
[Aug 15, 2023 2:30 AM] The Mbridge project, a central bank digital currency (CBDC) international payment system, is starting to worry observers. Such a system, when completed, could ostensibly allow the digital yuan to reach more countries in trade settlements, chipping…
[Aug 15, 2023 1:55 AM] In addition to attracting talent, Dubai has also given out operational licenses to crypto exchanges over the past several months.
[Aug 11, 2023 5:30 PM] The accession of new members will allow BRICS to push the West to accept changes in international relations, an expert from UAE has been quoted as stating. That’s valid in particular for cross-border trade and de-dollarization, said Mohamed El…
[Aug 7, 2023 12:18 PM] The UAE recently announced that it intends to reduce carbon emissions by 40% by 2030, a marked increase over its previous pledge.
[Aug 3, 2023 2:26 AM] Liquidating FTX Dubai under UAE law would help timely distribution of any outstanding liabilities, the bankrupt estate argued in court filings.
[Jul 31, 2023 6:00 AM] Binance, the world’s largest crypto exchange by trading volume, recently announced that it had secured a license to operate in Dubai after meeting the conditions needed for the grant of an Operational Minimum Viable Product (MVP) license. The firm…
[Jul 25, 2023 5:36 AM] Rain's Abu Dhabi-based entity can now offer institutional clients and some retail clients in the UAE the ability to buy, sell and store virtual assets.
[Jul 6, 2023 2:30 PM] According to the latest report by Hashrate Index, a website for Bitcoin mining data and metrics, the UAE is now becoming a growing destination for Bitcoin miners, especially in the Middle East. Bitcoin Miners Look For Greener Pastures Bitcoin…
[Jul 6, 2023 3:10 AM] The United Arab Emirates’ combined Bitcoin mining capacity is estimated to be around 400 megawatts or 4% of Bitcon’s global hash rate.
[Jun 29, 2023 9:13 AM] The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020.
[Jun 27, 2023 7:15 AM] Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
[Jun 1, 2023 1:26 PM] Gemini, a global cryptocurrency exchange, has announced its plans to acquire a cryptocurrency license in the United Arab Emirates (UAE) in a move to expand its services. Describing the UAE's position as a forward-thinking financial hub, Gemini aims…
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