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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
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