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Ripple Approved in UAE to Enter $400B Trade and $40B Remittance Markets
3.5.2025
Ripple secures first DFSA license for blockchain payments in the UAE, opening access to a $400B trade hub with regulated cross-border services and RLUSD stablecoin. Ripple Targets $400B UAE Trade Hub With Fully Regulated Cross-Border Payments Ripple shared insights on May 1, highlighting a major...
Gate Secures Key VASP License in Dubai, Eyes Regional Growth
30.4.2025
The United Arab Emirates division of the cryptocurrency exchange Gate has secured a license from Dubai’s Virtual Assets Regulatory Authority, allowing it to offer exchange services to institutional and retail investors. Gate’s Commitment to Operating Within Legal Frameworks Gate Technology FZE,...
UAE Greenlights Stablecoin Issuer Circle as Money Services Provider
30.4.2025
Stablecoin issuer Circle has secured In-Principle Approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market, allowing it to operate as a money services provider. Circle Eyes Greater Role in UAE Circle Internet Group, the leading global financial technology company...
Historic: AI Will Begin Developing Laws in the UAE
29.4.2025
The government of the UAE has launched what it calls the first AI-based legislative system, allowing synthetic agents to develop laws and monitor their effects through big data analysis. UAE Enables AI Interaction in Lawmaking With New Smart Legislative System Artificial Intelligence (AI) has begun...
Investors Beware — Dubai Authorities Warn of Fake Tokenized Property Offerings
26.4.2025
Dubai’s Virtual Assets Regulatory Authority and the Dubai Land Department have issued a public warning about entities falsely claiming involvement in their real estate tokenization project pilot. Possible Violation of Dubai’s Virtual Assets Regulation The Virtual Assets Regulatory Authority...
UAE Central Bank Approves Web3 Insurance Solutions
16.4.2025
The United Arab Emirates Central Bank has approved Web3 insurance solutions developed by Relm Insurance and Liva Insurance. Closing the Insurance Gap The United Arab Emirates (UAE) Central Bank has approved Web3 insurance solutions developed by Relm Insurance and Liva Insurance. The approved...
Standard Chartered, OKX Launch Collateral ‘Mirroring’ Program for Institutional Crypto Trading
11.4.2025
Institutional traders can now leverage cryptocurrencies and tokenized money market funds as off-exchange collateral, thanks to a new program launched by Standard Chartered and OKX. Boosting Institutional Investor Confidence Standard Chartered and OKX have unveiled a “pioneering”...
MANTRA Unveils $108M Fund to Boost Blockchain Projects
9.4.2025
MANTRA Chain has launched the a $108.8 million investment fund to support high-potential blockchain projects focused on real-world asset tokenization. Blockchain Revolutionizes Finance MANTRA Chain has announced the launch of the MANTRA Ecosystem Fund (MEF), a $108.8 million investment initiative...
Kazakhstan, UAE Seek to Boost Digital Asset Cooperation
3.4.2025
Kazakhstan’s financial sector recently strengthened ties with the United Arab Emirates (UAE) through a delegation visit from March 26-27. Kazakhstan, UAE to Cooperate on CBDC Development A delegation from Kazakhstan’s financial sector recently visited the United Arab Emirates (UAE)...
Bitpanda Expands to UAE After Securing VARA License
28.3.2025
Vienna-based crypto platform Bitpanda has obtained a broker-dealer license from Dubai’s VARA, allowing it to serve users in the UAE. Bitpanda Expands Into the Middle East Bitpanda, the Vienna-based crypto asset platform, has secured a broker-dealer license from the Dubai Virtual Assets...
UAE Central Bank Reveals Digital Dirham Symbol, Targets Late 2025 Launch
28.3.2025
The Central Bank of the UAE (CBUAE) has unveiled the official symbol for the Digital Dirham, set to launch in retail markets by late 2025. Digital Dirham to Enable Tokenization The Central Bank of the UAE (CBUAE) has announced significant progress in its Digital Dirham initiative, unveiling...
White House Crypto Czar Meets UAE Leader to Discuss Crypto and Investment Opportunities
25.3.2025
White House crypto czar David Sacks met UAE leadership to discuss digital currency’s disruptive impact, signaling potential global policy shifts and deepening strategic financial alliances. White House Crypto Czar Meets UAE Official in a Move That Could Trigger Policy Chain Reactions White House...
UAE Leads World in Crypto Obsession, Study Finds
23.3.2025
A study by Atmos ranks the UAE as the world’s most crypto-obsessed country due mostly to its high crypto ownership and adoption rates. UAE Has Highest Crypto Ownership Rate Globally According to a study by Atmos, the United Arab Emirates (UAE) is the world’s most crypto-obsessed country, with...
DFSA Promotes Tokenization With New Regulatory Initiative
20.3.2025
The Dubai Financial Services Authority has launched the tokenization regulatory sandbox to support firms developing tokenized investment products within the Dubai International Financial Centre. Crypto Tokens Excluded The Dubai Financial Services Authority (DFSA) has announced the launch of...
Crypto.com Expands UAE Footprint With License to Offer Derivatives
14.3.2025
Crypto.com has received a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivative products such as futures and perpetual swaps, marking a major step forward in its global expansion strategy. Dubai’s VARA Grants Crypto.com Approval to Launch Derivatives...
Binance Secures Historic $2 Billion Crypto Investment From Abu Dhabi’s MGX
12.3.2025
Abu Dhabi-based MGX has invested $2 billion in Binance, marking the largest institutional investment ever in a crypto company and the largest ever paid in stablecoins. The deal cements Binance’s dominance and signals growing institutional faith in blockchain’s future. MGX Enters Crypto with...
Hubpay, Aquanow Launch Regulated Crypto Payments in UAE
1.3.2025
Hubpay, a United Arab Emirates-based cross-border payments platform, has partnered with Aquanow, a digital asset infrastructure provider, to launch a regulated cryptocurrency payments facility for businesses in the Middle East country. Collaboration Bolsters UAE’s Digital Asset Hub Ambition Hubpay...
Investor Alert: Dubai Regulator VARA Flags Unlicensed MKAN Coin Platform
25.2.2025
The Virtual Assets Regulatory Authority (VARA) has issued an alert regarding MKAN Coin DMCC, which advertised virtual asset activities in the United Arab Emirates (UAE) without the necessary regulatory approval. VARA has instructed the company to cease all unlicensed operations and imposed a fine....
Stablecoin Payments at POS Terminals Coming to UAE via AFS, Ternoa
25.2.2025
Arab Financial Services, a Middle East and Africa digital payments provider, has partnered with Ternoa to introduce cryptocurrency payments in the United Arab Emirates. Stablecoin Payments at POS Terminals Arab Financial Services (AFS), a digital payment solutions provider focused on the Middle...
USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins
24.2.2025
Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial...