UAE

Commercial Bank International (CBI) has launched CBIx, a wholly owned subsidiary intended to advance innovation across artificial intelligence (AI), tokenized assets, Web3, and the global fintech ecosystem. According to a...

Fasset and Ajman Bank signed an MoU to launch integrated digital asset services that conform to Shariah principles. The rollout targets both retail and institutional clients in the UAE and...

Dubai has unveiled an ambitious reform plan for its financial sector, setting its sights on becoming one of the world’s top three financial centers.  The initiative, called the Dubai Financial...

Abu Dhabi’s Agriculture and Food Safety Authority (ADAFSA) announced a new enforcement regime that fines farms Dh100,000 if cryptocurrency mining is detected on agricultural land, doubling that amount for repeat...

M2 Capital Limited, the investment arm of UAE-based M2 Holdings, has committed $20 million to Ethena’s governance token ENA. The group said the deal fits with its plan to build...

The UAE Ministry of Finance has formally signed onto the Crypto-Asset Reporting Framework (CARF), binding the country to a global system for automatically sharing tax data on digital assets. The...

Eric Trump has rejected claims of conflict of interest after a report linked his family to a major UAE investment in Binance. Speaking on CNBC, he said, “My father’s the...

The Dubai International Financial Centre (DIFC) Courts have launched new legal services that integrate public blockchains, a major development for the real-world asset (RWA) sector.  The new framework, launched under...

The tokenization of real estate just got a massive boost in the United Arab Emirates. RAK Properties, a leading publicly-listed developer in Ras Al Khaimah, is now accepting Bitcoin (BTC),...

Abu Dhabi-based investment manager Lunate, with $110 billion in assets under management, has partnered with hedge fund giant Brevan Howard, which manages $34 billion, to establish a new investment platform...

The United Arab Emirates is cementing its role as a leader in crypto adoption with air travel emerging as one of the newest sectors to integrate crypto assets.  UAE travelers...

The United Arab Emirates is streamlining its crypto rules. The country’s two main regulators, the federal Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority (VARA), have signed...

RAKBANK has officially become the first conventional bank in the UAE to offer crypto brokerage services directly through its mobile banking app. This development marks a notable step forward in...

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...