UAE

The UAE Securities and Commodities Authority (SCA) officially asked the U.S. Securities and Exchange Commission (SEC) to investigate the WAP cryptocurrency token promoted by Cardi B on the Solana blockchain,...

The United Arab Emirates (UAE) made crypto transactions and conversions VAT-free with amendments to its Value-Added Tax (VAT) regulations. This change, effective January 1, 2018, solidifies the UAE’s position as...

Ripple, the US-based fintech firm, continues to expand its presence in the United Arab Emirates (UAE). On October 1st, the company announced it received in-principle approval for a financial services...

British multinational bank Standard Chartered has unveiled its crypto custody services in the UAE, licensed by the Dubai Financial Services Authority. The bank’s offering, announced on Tuesday, allows institutional clients...

The UAE’s Ministry of Foreign Affairs has formally asked the French government to quickly provide Pavel Durov with all necessary legal services. The UAE Foreign Ministry issued a statement emphasizing...

Tether, the issuer of the world’s largest stablecoin, USDT, is set to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative is a collaboration with...

RakBank and Bitpanda Technology Solutions are joining forces to launch a new digital asset management platform in the UAE, pending regulatory approval from the Central Bank of the UAE. This...

American fintech firm Ripple has announced partnership with DIFC Innovation Hub, the largest innovation community in the United Arab Emirates (UAE), “to accelerate blockchain and digital assets innovation in the...

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 mutual concern. In addition to...

A massive increase has been witnessed in crypto-related activities in the Middle East, with the United Arab Emirates (UAE) leading the region in terms of the adoption of digital assets,...

Klumi Ventures, a premier Web3 venture capital (VC) firm based in Abu Dhabi, has received a financial license permitting it to invest in tokens and equity investments in early-stage Web3...

A recent report unveiled the significant gains in the crypto sector in the United Arab Emirates (UAE) over the last year. According to a Chainalysis report, the UAE has marked...

The Financial Services Regulatory Authority (FSRA) in the United Arab Emirates has issued updates to its Anti-Money Laundering (AML) and Sanctions Rules and Guidance, referred to as the AML Rulebook....

Changpeng Zhao (CZ), the CEO of Binance, recently shared his observation on the X platform about the trend of individuals involved in the crypto industry. According to CZ, crypto enthusiasts...

The United Arab Emirates has introduced a new governance framework aimed at ensuring the ethical growth of the metaverse. The UAE Minister of State for Digital Economy, A.I., and Remote...

According to the latest analysis, the United Arab Emirates (UAE) has been emerging as a Bitcoin mining hub, making it a “prime destination” for Bitcoin miners in the Middle East....

In a move aimed at strengthening its regulatory framework, the UAE Central Bank has released new guidelines for handling virtual assets, including cryptocurrencies and non-fungible tokens (NFTs). The guidance, announced...

Tranglo, a cross-border payment hub, has partnered with Al Ansari Exchange, the largest outward personal remittance and foreign exchange company in the United Arab Emirates (UAE). The collaboration aims to...

The United Arab Emirates (UAE) has become the center of attention with its pioneering Crypto Oasis, gaining recognition as a premier hub for top-tier protocols and cutting-edge infrastructure. Renowned crypto...

During the Arab Health 2023, UAE’s Ministry of Health and Prevention (MoHAP) launched two new services by deploying metaverse technologies. The services are meant to assess medical professionals, including doctors...

At the World Economic Forum’s (WEF) annual summit at Davos, Switzerland, Thani Al-Zeyoudi, the UAE’s Minister of State for Foreign Trade declared that crypto would have a crucial role in...

UAE has announced the introduction of a new federal-level regulation governing virtual assets. This framework is the state’s first-ever regulatory regime set up for the web3 space in UAE. According...