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Distributed Technologies Research has launched DRAM, a Dirham-backed stablecoin that aims to tap into the performance of the United Arab Emirates fiat currency. Go to Source
SBI Holdings will work with UAE firm TradeFinex on a Japanese joint venture aimed at boosting adoption of its enterprise blockchain platform running on the XDC Network. Go to Source
The Japanese bank joins a rapidly growing number of digital asset firms operating in Abu Dhabi and the rest of the United Arab Emirates. Go to Source
The project now includes central and commercial banks of China, Hong Kong, Thailand and the UAE. Future new members were not identified. Go to Source
The kingdom is currently diversifying its economy away from oil and turning to new opportunities, such as gaming and Web3. Go to Source
New developments in the Bitcoin mining space have Hut8 vice president Sue Ennis convinced that well positioned miners will thrive after the next BTC halving. Go to Source
Komainu attained the final step in VARA’s licensing process nearly 10 months after securing its MVP license in November 2022. Go to Source
M2 platform will launch later in 2023, allowing UAE-based retail and institutional clients to buy, sell and custody virtual assets. Go to Source
In addition to attracting talent, Dubai has also given out operational licenses to crypto exchanges over the past several months. Go to Source
The UAE recently announced that it intends to reduce carbon emissions by 40% by 2030, a marked increase over its previous pledge. Go to Source
