United Arab Emirates – DIGIT INFO

HSBC Expands Orion Network to UAE, Enabling Real-Time Dirham Liquidity Flows

DIGIT — Wed, 24 Jun 2026 04:30:41 +0000

HSBC has launched its tokenized deposit service in the United Arab Emirates, introducing the UAE dirham to its blockchain-based corporate cash management network. Regulatory Readiness Meets Market Demand HSBC Bank Middle East Limited has launched a tokenized deposit service in the United Arab Emirates, introducing around-the-clock blockchain-based cash management for corporate clients and adding the […]

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VARA Pushes Dubai Crypto Firms to Track FATF Blacklists, Sharpening Risk Controls

DIGIT — Mon, 15 Jun 2026 22:45:49 +0000

A Dubai regulator is replacing baseline compliance with rigorous, data-driven frameworks. Virtual asset service providers must now use quantitative business data for real-time risk scoring instead of static tracking. New Framework Demands Quantitative Data The Dubai Virtual Assets Regulatory Authority (VARA) has published new guidance aimed at tightening financial crime defenses across the region’s booming […]

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ASK Group Taps Eric Schimdt-Backed Keeta to Tokenize Oil, Gold and Copper

DIGIT — Thu, 11 Jun 2026 05:30:24 +0000

The UAE-based investment group ASK Group and U.S. blockchain company Keeta have partnered to launch a public exchange where physical assets will be traded as fractional digital tokens. Gulf Commodities to Go Digital A United Arab Emirates investment group and Keeta, a U.S. blockchain company backed by tech billionaire Eric Schmidt, have launched a joint […]

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Ripple Eyes Turkey’s $200B Crypto Boom and 4x UAE Lead

DIGIT — Mon, 01 Jun 2026 01:30:11 +0000

Turkey’s crypto market has become the region’s largest, with roughly $200 billion in transaction volume over the past year. Ripple executive Reece Merrick described Turkey as a leading crypto adoption market as Istanbul prepares to host a major blockchain event. Turkey’s Crypto Adoption Surge Signals a Larger Regional Shift Ripple Senior Executive Officer and Managing […]

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IHC Executes $30M DDSC Stablecoin Trade as UAE Digital Payments Enter New Phase

DIGIT — Mon, 25 May 2026 09:30:40 +0000

International Holding Company recently executed a $30 million transaction using the new United Arab Emirates dirham-backed stablecoin. Major Institutional Transaction Executed The Abu Dhabi-based global investment company, International Holding Company (IHC), has executed a $30 million (AED 110 million) transaction using a stablecoin backed by the United Arab Emirates (UAE) dirham, marking the first major […]

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Kraken Secures VARA Approval to Launch Crypto Trading and Staking in UAE

DIGIT — Sat, 23 May 2026 08:48:48 +0000

Kraken parent company Payward has received preliminary regulatory approval to expand operations in the United Arab Emirates. The move strengthens Dubai’s position as a global crypto hub as major exchanges continue gravitating toward jurisdictions with clearer digital asset rules. Payward Gains UAE Crypto License Approval as Kraken Deepens Middle East Push Kraken is preparing to […]

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UAE’s Mubadala Raises Bitcoin ETF Stake 16% to $566 Million in Q1 2026

DIGIT — Sun, 17 May 2026 03:30:59 +0000

Abu Dhabi’s Mubadala Investment Company raised its stake in Blackrock’s Ishares bitcoin ETF by 16% in Q1 2026, disclosing ownership of 14.7 million shares valued at $565.6 million. Quarter by Quarter Mubadala’s bitcoin ETF exposure has grown in every reporting period since it first appeared in disclosures. The fund entered in Q4 2024 with a […]

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ADI Foundation and Settlemint Launch ADGM Tokenization Rail for $30.9B RWAs

DIGIT — Thu, 14 May 2026 07:30:49 +0000

ADI Foundation and Settlemint have launched a partnership to build an integrated digital securities infrastructure on the ADI Chain. Integrated Infrastructure for Institutional Adoption ADI Foundation and Settlemint announced a partnership on May 13 to launch a new digital securities infrastructure on the ADI Chain, aiming to streamline the tokenization of assets within the Abu […]

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Crypto.com Lands UAE License, Opening Crypto Payments for Dubai Government Fees

DIGIT — Tue, 12 May 2026 04:30:28 +0000

Crypto exchange Crypto.com announced that its United Arab Emirates entity has been granted a stored value facilities license, enabling payment of government fees with cryptocurrencies. Regulatory Milestone Crypto exchange Crypto.com has announced on May 11 that its United Arab Emirates (UAE) entity, Foris DAX Middle East FZE, has been granted a stored value facilities (SVF) […]

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UAE’s Innovation City Launches Blockchain-Based IDs, Pushing Firms to Instant Checks

DIGIT — Tue, 05 May 2026 05:30:21 +0000

Innovation City, an AI-powered free zone in Ras Al Khaimah, has launched a blockchain-based digital business identity system to replace traditional and static business licenses with “living,” cryptographically verifiable assets on the OPN chain. Key Takeaways: Innovation City launched an onchain identity system on May 4 to replace static PDF business licenses. IOPn’s OPN chain […]

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