Leading global crypto exchange LBank has suspended registration for new users from the UAE and also limited its services for existing customers in the region. This move is due to...
Ripple has partnered with Zand Bank and Mamo in the United Arab Emirates. The new alliance enables Ripple to expand its global reach for cross-border payments. Ripple Payments uses blockchain...
Dubai’s Virtual Assets Regulatory Authority (VARA) has issued updated regulatory guidelines for licensed crypto companies. This gives firms until June 19 to comply with the new requirements. The regulator announced...
The United Arab Emirates (UAE) has announced a plan to invest $1.4 trillion into the United States over the next decade. This significant commitment, one of the largest foreign investments...
Ripple Labs is rapidly expanding its role in the Middle East’s fintech ecosystem. The company held high-level talks with United Arab Emirates (UAE) officials at the Dubai Fintech Summit this...
Abu Dhabi has initiated a new project to establish a quantum-resistant blockchain infrastructure for government and economic applications. The initiative, led by the Department of Government Enablement (DGE), aims to...
Crypto.com is partnering with the UAE’s state-owned Emirates Petroleum Company (Emarat) to introduce cryptocurrency payment options at select fuel stations. This agreement launches with a pilot phase at 10 Emarat...
Senator Elizabeth Warren is pushing the U.S. Senate to pause a vote on the GENIUS Act, a major proposed stablecoin regulation bill. Her call for delay follows news of a...
Buyers will be able to use cryptocurrency to purchase units at Trump Tower Dubai, the luxury real estate project recently unveiled by the Trump Organization and Dar Global. The announcement...
Circle, the issuer of the USDC and EURC stablecoins, has received in-principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to operate as a...
Three major financial institutions in the United Arab Emirates — International Holding Company (IHC), ADQ, and First Abu Dhabi Bank (FAB) — have announced plans to launch a new stablecoin...
Ruya, a digital Islamic bank based in the UAE, now lets customers buy and sell cryptocurrencies directly through its mobile app. The bank confirmed this marks the first time a...
Emirates NBD, a popular banking group in the MENAT region, has disclosed a partnership with J.P. Morgan’s innovative platform Kinexys Liink, a peer-to-peer data-sharing network. By utilizing the ‘Confirm’ application,...
The UAE Securities and Commodities Authority (SCA) has issued a series of investor alerts, cautioning the public on fraudulent financial schemes currently targeting the country. The warnings, shared on X,...
Binance confirmed it will stop supporting several privacy coins and non-AED fiat currencies as it moves users in the United Arab Emirates (UAE) to its Dubai-based exchange, Binance FZE. The...
BlackRock has teamed up with Emirates NBD, a leading Dubai-based lender, to create a new platform to provide Middle Eastern investors with improved access to private markets. This alliance aims...
The UAE’s national security advisor and chairman of investment firm MGX, Sheikh Tahnoon Bin Zayed Al Nahyan, met with White House AI and crypto advisor David Sacks to discuss artificial...
BNB, Binance’s native token, climbed nearly 7% higher on news after the exchange secured a $2 billion investment from MGX, an Abu Dhabi sovereign wealth fund. This unprecedented deal marks...
In a deal that can possibly bring in a shift to crypto power dynamics, Binance, the world’s largest cryptocurrency exchange, has landed a $2 billion investment from MGX, an Abu...
Dubai is tightening its crypto regulations, introducing new measures to increase transparency and combat market manipulation. The move aimed at exposing the identities of major token holders, known as crypto...
The Virtual Assets Regulatory Authority (VARA) of Dubai has issued an official alert regarding the company MKAN Coin DMCC. In a statement on the official VARA website, they cautioned that...
On February 4, the United Arab Emirates (UAE) Ministry of Energy and Infrastructure announced an alliance with Shiba Inu. This marks the country’s first blockchain integration at a federal level. ...
Renowned Bitcoin investor Lark Davis has downplayed the potential impact of China’s retaliatory move against the US by threatening to impose tariffs in a brewing trade war. In a recent...
The United Arab Emirates (UAE) is creating a legal framework for the tokenization of real-world assets (RWA). The country’s Securities and Commodities Authority (SCA) recently published two regulation drafts, including...
According to Triple-A data, Binance CEO Richard Teng noted that cryptocurrency ownership has reached large global adoption, with over 562 million people worldwide holding digital assets. The data paints a...