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UAE’s Mbank Launches AED Crypto Conversion
13.5.2025
Mbank and Changer.ae have launched a Dirham-based crypto conversion service, following approval from the UAE Central Bank to open a fully regulated AED escrow account. Secure and Regulated Dirham to Crypto Conversions The United Arab Emirates (UAE) integrated digital bank, Al Maryah Community Bank...
AED Stablecoin Gets Green Light From UAE Central Bank
15.10.2024
AED Stablecoin LLC has received approval from the Central Bank of the United Arab Emirates (UAE) to launch its stablecoin, AE Coin. This makes AED Stablecoin the first entity in the UAE to issue stablecoins, aligning with the government’s digital strategy. AE Coin is a fiat-backed stablecoin...
UAE stablecoin issuer gets nod from central bank
14.10.2024
With Tether waiting in the wings, AED Stablecoin becomes the front-runner to launch the United Arab Emirates’ first regulated dirham-pegged token
Crypto.com, Standard Chartered partner for global fiat services
29.8.2024
Crypto.com partners with Standard Chartered Bank to provide fiat currency services in over 90 countries, starting in the UAE
Tether plans to launch dirham stablecoin with UAE partners
21.8.2024
Tether teams up with UAE's Phoenix Group PLC and Green Acorn Investments to launch a Dirham-backed stablecoin, enhancing international trade and remittances
UAE residents can now trade crypto directly with their bank accounts
31.7.2024
The new integration enables the direct conversion of UAE dirhams into Bitcoin and Ether using M2’s spot market
UAE central bank approves licensing system for stablecoins
5.6.2024
KARM Legal Consultants founder Kokila Alagh said that the regulations clarify the issuance, licensing and supervision of AED-backed payment tokens
Carl Runefelt, CEO of The Moon Group, donates to the Emirates Down Syndrome Association
28.11.2023
The Emirates Down Syndrome Association (EDSA) has received a remarkable donation of 300,000 AED from Carl Runefelt, CEO of The Moon Group (https://moongroup.com/). Mr. Runefelt’s gesture reflects his commitment to improving the lives of individuals with Down Syndrome, inspired by his personal...
Crypto Exchange Bybit Announces AED 1 Million Scholarship Fund at UAE University
7.6.2023
As the regulatory environment in the United States become too hot to handle, cryptocurrency exchanges continue expanding their reach for better business environments. The United Arab Emirates (UAE) presents as one of these greener pastures. One of the most popular exchanges in the world, Bybit,...
Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market
27.4.2022
Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual assets exchange group in the UAE to offer investors the ability to invest, trade, withdraw and deposit virtual assets (bitcoin and ether) directly in local...