UAE

UAE closely monitors Pavel Durov's detention in France, ensuring consular assistance.   Durov's arrest linked to cybercrime, financial crime, and other serious allegations.   France denies political…

Tether to launch a UAE Dirham-pegged stablecoin, backed by UAE-based liquid reserves. Tether partners with Phoenix Group to develop a stablecoin tied to the value…

RakBank and Bitpanda partner to enhance digital asset access in UAE, pending central bank approval. New platform to offer secure, regulated digital asset management for…

Ripple expands to the UAE through a strategic partnership with DIFC. A whopping $1 billion XRP fund committed to accelerate blockchain development. UAE's crypto-friendly environment…

China and UAE pledged to fortify the battle against crypto-related cybercrime. In a joint statement, they highlighted telecom fraud and online gambling as areas of…

Daily active crypto users in the Middle East rose to 500K in Feb 2024. The UAE leads the Middle East in terms of crypto adoption.…

Klumi Ventures has received a financial license to invest in tokens and equity in early-stage Web3 startups. The renowned VC is the first Web3 venture…

The United Arab Emirates secured the second rank in crypto investment gains in 2023 among the GCC nations. With a gain of $204 million, the…

The Financial Services Regulatory Authority (FSRA) in the UAE updates Anti-Money Laundering (AML) and Sanctions Rules. The AML Rulebook aims to strengthen measures against money…

Binance CEO notes growing interest in UAE and Bahrain among crypto enthusiasts. The crypto community debates the favorable regulations in the Middle East compared to…