UAE

The Abu Dhabi Judicial Department (ADJD) has become the first government institution in the Middle East to accept cryptocurrency, allowing residents to pay for court-related services using the regulated UAE...

Travel giants Emirates and Dubai Duty Free have signed a memorandum of understanding (MoU) with Crypto.com to enable digital payment solutions for travelers.  In a recent announcement, HH Sheikh Ahmed...

Dubai’s financial regulator has granted approval to the QCD Money Market Fund (QCDT), the first tokenized money-market fund to be based within the Dubai International Financial Centre (DIFC). The fund,...

UAE regulators have denied claims that staking Toncoin (TON) qualifies investors for the country’s Golden Visa program. The clarification comes after a controversial announcement from the TON community drew global...

Binance founder Changpeng Zhao (CZ) has responded to Toncoin’s now-debunked UAE Golden Visa initiative and floated the idea of a similar program for BNB holders, if such a model were...

The Abu Dhabi Securities Exchange (ADX) is preparing to list the first-ever blockchain-based digital bond in the Middle East and North Africa (MENA).  Issued by First Abu Dhabi Bank (FAB),...

BipTap (a UAE-based crypto-on-ramp solution) and Al Fardan Ventures (the investment division of the Al Fardan Group) signed an MoU (memorandum of understanding) to launch a global digital bank based in Abu...

In a landmark development, Abu Dhabi has become the first city in the world to integrate a stablecoin pegged to its national currency into public transportation payments. Residents and visitors...

In light of the UAE’s surge in FDI and proactive regulatory moves, the country is rapidly evolving into one of the most crypto-friendly jurisdictions across the globe. This is mainly...

The United Arab Emirates ranked 10th globally as a top destination for foreign direct investment (FDI) for last year 2024, attracting a record-breaking AED 167.6 billion ($45.6 billion) in inflows. ...

Abu Dhabi-based Ctrl Alt, a regulated digital assets infrastructure provider, just received a significant regulatory green light from Dubai’s Virtual Assets Regulatory Authority (VARA). This approval makes Ctrl Alt the...

Emirates Coin Investment LLC (EmCoin) has made history in the United Arab Emirates financial sector by obtaining the first Virtual Asset license from the Securities and Commodities Authority (SCA). With...

The Solana Foundation has achieved another milestone in the push for wider blockchain and digital assets adoption. The Foundation announced today it has signed a Memorandum of Understanding (MoU) with...

Dubai’s Financial Services Authority (DFSA) has officially recognized and approved Ripple’s stablecoin, RLUSD, as a crypto token usable within the Dubai International Financial Centre (DIFC).  Ripple announced this key regulatory...

Abu Dhabi-based Fuze, a regulated digital assets infrastructure provider, and Mamun, a Sharia-compliant alternative finance and investment platform headquartered in Oman, have signed a strategic Memorandum of Understanding (MoU) to...

While the US is leading in Bitcoin accumulation and hashrate distribution, the UAE is starting to develop into a rather big player in the global Bitcoin ecosystem, especially in the...

XBTO, a platform focused on institutional digital assets, obtained full regulatory approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), allowing the institutional digital asset...

Mbank and Air Arabia have agreed to work together as the Middle East and North Africa’s biggest low-cost airline. This partnership will allow passengers to use AE Coin to pay...

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...