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DeFi Technologies Inc, a Nasdaq-listed fintech firm, is expanding into the GCC and MENA regions to capitalize on the rising institutional demand for digital assets across the Middle East. Expanding DeFi Technologies’ Global Footprint DeFi Technologies Inc, a Nasdaq-listed financial technology company, has announced a significant expansion into the GCC and MENA regions. The company … Read more
Mavryk Dynamics CEO, Alex Davis, says the United Arab Emirates is positioning itself as a leader in the integration of traditional assets with blockchain technology. He says the country’s regulatory environment allows real estate giant MAG to tokenize ultra-luxury properties. UAE’s Pioneering Regulatory Sandbox As the global financial landscape increasingly looks to merge traditional assets … Read more
A Web3 fund based in the United Arab Emirates has made a strategic $100 million investment in World Liberty Financial governance tokens. Creation of Institutional-Grade Marketplace The United Arab Emirates-based Web3 fund, Aqua 1, has announced a significant $100 million strategic purchase of World Liberty Financial (WLFI) governance tokens. The investment is intended to secure … Read more
Ctrl Alt, a tokenization infrastructure platform, has officially received its license from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate as a Virtual Assets Service Provider (VASP), becoming the first VASP authorized to conduct issuer-related services. This license enables Ctrl Alt to offer Broker-Dealer and Issuer services, allowing the company to create, manage, and distribute … Read more
Ripple USD rockets ahead as RLUSD secures approval in Dubai’s financial free zone, unleashing enterprise adoption and supercharging Ripple’s dominance in the UAE’s digital asset revolution. Ripple Advances in UAE With RLUSD Approval Ripple announced on June 3 that its enterprise-focused stablecoin, RLUSD, has received regulatory clearance to operate within Dubai’s key financial free zone, … Read more
Blockchain-powered advertising firm Veraviews has launched the UAE’s first domestically developed advertising exchange and supply-side platform. Veraviews SSP Targets UAE Ad Transparency The Dubai-based blockchain company Veraviews introduced the Ad Exchange and SSP under the United Arab Emirates (UAE) Ministry of Economy’s NextgenFDI initiative. The platform connects advertisers directly with UAE publishers to sell digital … Read more
United Arab Emirates’s securities regulator has introduced the finfluencer license to regulate and supervise the promotion of digital financial content in the United Arab Emirates. Redefining Regulators’ Role in Digital Economy The Securities and Commodities Authority (SCA) has launched what it calls the Middle East’s first “Finfluencer” license, a regulatory move designed to formalize and … Read more
Ctrl Alt has officially launched its tokenization partnership with the Dubai Land Department (DLD) for the Real Estate Tokenization Project, marking an advancement in property investment within the Emirate. This initiative, developed in collaboration with the Virtual Assets Regulatory Authority (VARA) and the Dubai Future Foundation, utilizes the XRP Ledger to create a secure and … Read more
Lbank announced on May 20 that it has temporarily suspended new user registrations from the United Arab Emirates to comply with regulatory requirements set by Dubai’s Virtual Assets Regulatory Authority. Existing UAE Users Face Service Restrictions Lbank, the British Virgin Islands-based cryptocurrency exchange, announced May 20 it has temporarily suspended new user registrations from the … Read more
Ripple is revolutionizing cross-border finance in the UAE, launching with Zand and Mamo just months after securing groundbreaking regulatory approval, unleashing real-time blockchain-powered payments. Ripple Payments Gains First Major Foothold in UAE with Zand and Mamo Integration Ripple announced on May 19 that Zand Bank and Mamo have become the first customers in the United … Read more
