Dubai

The Dubai Financial Services Authority (DFSA) has received interest from 96 companies for its first Tokenization Regulatory Sandbox. This initiative, based in the Dubai International Financial Centre (DIFC) enables firms...

Dubai is set to become the first government in the world to accept cryptocurrency payments for public services. In a major push toward digital finance, the city’s Department of Finance...

The Maldives is making a massive bet on blockchain technology to reshape its economy, signing a multibillion-dollar deal with Dubai-based MBA Global Services. The plan involves building a huge blockchain...

Abu Dhabi-based tech investment firm MGX has finalized a $2 billion investment in Binance using USD1, a dollar-backed stablecoin developed by World Liberty Financial. The deal, announced during the TOKEN2049...

At the TOKEN2049 conference in Dubai, Binance co-founder Changpeng Zhao (CZ) commended Bhutan’s strategic initiative to incorporate cryptocurrencies into its national reserves, highlighting the country’s forward-thinking approach to digital asset...

Dubai’s Virtual Assets Regulatory Authority (VARA) and the Dubai Land Department (DLD) have jointly issued a formal alert warning consumers and the market about false claims related to the DLD...

Polygon Labs and sustainable infrastructure startup Pyse have launched a compelling blockchain-based electric vehicle (EV) initiative in Dubai, with potential India expansion planned.  The project tokenizes an entire e-motorcycle fleet,...

Dubai’s Land Department (DLD) partnered with the Emirate’s Virtual Assets Regulatory Authority (VARA) to officially link the real estate registry with property tokenization platforms.  This collaboration uses an advanced governance...

Dubai has launched a pilot program to tokenize its real estate assets, marking a significant move to integrate blockchain technology into the property sector.  The Dubai Land Department (DLD), in...

Crypto.com has obtained a limited regulatory license from Dubai’s Virtual Assets Regulatory Authority (VARA), allowing it to offer derivatives, including futures and perpetual swap contracts, in the Dubai International Financial...

Emirates NBD, a Dubai government-owned bank, has activated digital currency trading services through its subsidiary platform, Liv. According to reports, Liv has started allowing customers to buy and sell digital...

Dubai continues to strengthen its reputation as a global hub for blockchain, Web3, and financial innovation. The city attracts visionaries, policymakers, and thought leaders from around the world, positioning itself...

Blockchain and cryptocurrency adoption hit a new milestone as UAE’s First Abu Dhabi Bank (FAB) partnered with Libre Capital for blockchain-based collateralized lending. The two signed a Memorandum of Understanding...

The United Arab Emirates (UAE) has become a welcoming destination for crypto companies, adopting a more crypto-friendly stance than the United States or the European Union. The country has also...

The United Arab Emirates (UAE) is preparing to launch a legal framework for decentralized autonomous organizations (DAOs). The Ras Al Khaimah Digital Assets Oasis (RAK DAO), a free economic zone,...

Sean McHugh, a senior official with Dubai’s Virtual Assets Regulatory Authority (VARA), pushed back against the opinion that his agency is taking a “friendlier-than-usual” approach to crypto regulation. He stated...

The United Arab Emirates (UAE) saw a 74% jump in the total value of DeFi transactions compared to last year, according to Chainalysis. Token value sent through DEX surged by...

Dubai’s Virtual Assets Regulatory Authority (VARA) has released new marketing guidelines for virtual asset firms, according to a Bloomberg report. The updated guidelines require stronger disclaimers about the risks of...

Sahil Arora, an Indian-born Dubai resident, has come under fire for allegedly orchestrating a multi-million dollar cryptocurrency scheme involving high-profile celebrities. According to a recent investigation by Bubblemaps, Arora capitalized...

Hong Kong is poised to introduce a series of cryptocurrency exchange-traded funds (ETFs), taking a cue from the United States’ efforts. Hong Kong wants its tier 1 level cities to...

Crypto.com gained full operational approval from Dubai’s VARA. The platform is the first global cryptocurrency operator approved in the UAE for use with fiat currency. It plans to expand services...

Changpeng Zhao (CZ), the co-founder and former CEO of Binance, is not permitted to leave the United States after federal prosecutors asked to review a Seattle magistrate’s initial decision. The...

Binance founder Changpeng Zhao will be permitted to remain in the United Arab Emirates while awaiting sentencing scheduled for next year. The concession came after Zhao pleaded guilty to violating...

Crypto companies registered under Dubai‘s new legal framework have until November 17 to finish their applications. The Dubai Virtual Assets Regulatory Authority (VARA) recently made this announcement and warned crypto...

The United Arab Emirates currently leads the list of crypto owners per capita, with more than 27% of its population identifying as crypto asset owners. This metric is indicative of...