The UAE is developing a regulated framework that allows near-instant conversion between a dirham stablecoin and a dollar stablecoin. The system targets institutional payments, treasury operations, and cross-border transactions. According...
BNY is preparing to expand its digital asset custody operations into Abu Dhabi through a new collaboration with local firms Finstreet and ADI Foundation. The initiative will operate through Abu...
On April 28, 2026, the United Arab Emirates (UAE) Ministry of Energy officially announced its withdrawal from both OPEC and the broader OPEC+ alliance, effective May 1, 2026, ending 59...
The Government of the United Arab Emirates is pushing ahead with one of the most ambitious AI adoption plans globally. The move aims to transform how public services operate at...
Banks and financial institutions in the UAE are rapidly shifting from blockchain experimentation to real-world deployment, buoyed by the region’s early regulatory clarity, which experts believe has propelled the country...
Cloud services in the Middle East faced unexpected strain this week after an issue at an Amazon Web Services (AWS) data centre in the UAE caused widespread disruptions. The incident...
World Liberty Financial (WLF), a cryptocurrency venture tied to the Trump family, sold a 49% stake for $500 million to an investment fund backed by Sheikh Tahnoon bin Zayed Al...
Universal Digital International Limited (Universal) has launched the USDU as the first USD-backed stablecoin registered by the Central Bank of the UAE as a Foreign Payment Token under the Payment...
The UAE insurance industry has taken a major step toward digital finance integration as insurers begin accepting cryptocurrency for core services. Significantly, UAE residents can now pay insurance premiums and...
The United Arab Emirates has formally aligned itself with a small but growing group of countries that treat Bitcoin mining as state-linked infrastructure. At the same time, a long-dormant miner...
RAKBANK, Ras Al Khaimah, has received initial approval from the UAE Central Bank to launch a stablecoin tied to the UAE dirham (AED). Final approval will depend on completing all...
Network International, a fintech company, has taken a decisive step in reshaping digital payments in the UAE by enabling regulated stablecoin acceptance nationwide. The move follows a strategic partnership with...
Mastercard said it has entered a strategic alliance with the ADI Foundation to expand stablecoin settlement and tokenized asset use cases across the Middle East, according to a December 16,...
Abu Dhabi’s early decision to regulate digital assets is now influencing global policy debates, Binance Co-CEO Richard Teng said during a fireside chat at Abu Dhabi Finance Week (ADFW). The...
Botim Money and Binance have signed a memorandum of understanding to explore ways of offering customers in the United Arab Emirates access to digital assets, through channels that match local...
e& UAE is preparing a new phase in digital payments as the company partners with Al Maryah Community Bank to test AE Coin for customer transactions. The initiative introduces a...
Abu Dhabi has solidified its status as the premier destination for institutional digital assets, executing a dual strategy of attracting Wall Street heavyweights and deploying sovereign capital onto the blockchain....
KuCoin has announced the listing of ADI (ADI) on its platform, offering users the chance to participate in HODLer Airdrops. Deposits for ADI are available immediately via the ETH-ERC20 network....
Abu Dhabi Global Market has expanded its recognition of Tether’s USDT, allowing the stablecoin to be used in regulated activities across several major blockchain networks. The Financial Services Regulatory Authority...
Leading crypto exchange Binance has become the first digital asset platform to receive a complete set of licenses from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global...
The United Arab Emirates (UAE) executed a synchronized expansion of its digital asset infrastructure this week, moving to integrate cryptocurrency into sovereign trade rails while cementing Binance’s regulatory status. In...
Ripple has secured a critical regulatory foothold in the Middle East, announcing today that the Abu Dhabi Financial Services Regulatory Authority (FSRA) has recognized its USD-backed stablecoin, RLUSD, as an...
The United Arab Emirates has introduced a wide regulatory overhaul that reshapes how the Central Bank functions across the national financial system. The new framework expands regulatory tools, sharpens institutional...
Abu Dhabi’s sovereign wealth arm has tripled its exposure to Bitcoin. Regulatory filings reveal the Abu Dhabi Investment Council (ADIC) significantly increased its stake in BlackRock’s iShares Bitcoin Trust (IBIT)...
The United Arab Emirates has executed its inaugural government financial operation utilizing the Digital Dirham central bank digital currency. The Dubai Department of Finance and Ministry of Finance conducted the...