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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 (Mbank), together with crypto custodian Changer.ae, has announced the launch of … Read more
Dubai Finance (DOF) has partnered with cryptocurrency platform Crypto.com to enable cryptocurrency payments for government service fees, marking the first such initiative by a government globally, officials announced Monday. Dubai Finance Signs MoU with Crypto.com for Digital Dirham Conversions Dubai Finance (DOF) signed a Memorandum of Understanding (MoU) with cryptocurrency exchange Crypto.com on May 12, … Read more
Emarat, a leading fuel provider in the UAE, has partnered with Crypto.com to launch cryptocurrency payment services at 10 of its fuel stations. Emarat, Crypto.com Kick off Naming Rights Program for Fuel Stations In an announcement that further solidifies the United Arab Emirates (UAE)’s burgeoning reputation as a hub for financial innovation, the country’s prominent … Read more
Emirates Petroleum Company (Emarat) has announced a partnership with Crypto.com to introduce cryptocurrency services at its service stations, pending regulatory approval. The collaboration will initially integrate Crypto.com services at 10 Emarat stations, with plans for further expansion across the company’s network of over 155 locations in the UAE. As part of this initiative, the two … Read more
Starting next year, schools in the United Arab Emirates (UAE) will introduce artificial intelligence (AI) as a subject for students from kindergarten to 12th grade. Fostering Awareness of Ethics of the Technology Schools in the United Arab Emirates (UAE) will start teaching artificial intelligence (AI) as a subject from kindergarten to 12th grade students starting … Read more
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 regulatory achievement in the United Arab Emirates (UAE), as it … Read more
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, the United Arab Emirates (UAE) division of the cryptocurrency exchange Gate Group, has been … Read more
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 and issuer of the USDC stablecoin, has received In-Principle Approval (IPA) from the … Read more
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 to penetrate all aspects of human life, and governance is … Read more
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 (VARA) has issued a public alert cautioning consumers and market participants about entities misrepresenting their involvement … Read more
