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Kazakhstan’s financial sector recently strengthened ties with the United Arab Emirates (UAE) through a delegation visit from March 26-27. Kazakhstan, UAE to Cooperate on CBDC Development A delegation from Kazakhstan’s financial sector recently visited the United Arab Emirates (UAE) to strengthen collaboration in digital assets and blockchain technology. Held from March 26 to 27, the … Read more
Vienna-based crypto platform Bitpanda has obtained a broker-dealer license from Dubai’s VARA, allowing it to serve users in the UAE. Bitpanda Expands Into the Middle East Bitpanda, the Vienna-based crypto asset platform, has secured a broker-dealer license from the Dubai Virtual Assets Regulatory Authority (VARA). The license enables Bitpanda to open its platform to users … Read more
The Central Bank of the UAE (CBUAE) has unveiled the official symbol for the Digital Dirham, set to launch in retail markets by late 2025. Digital Dirham to Enable Tokenization The Central Bank of the UAE (CBUAE) has announced significant progress in its Digital Dirham initiative, unveiling the official symbol for the nation’s digital currency. … Read more
White House crypto czar David Sacks met UAE leadership to discuss digital currency’s disruptive impact, signaling potential global policy shifts and deepening strategic financial alliances. White House Crypto Czar Meets UAE Official in a Move That Could Trigger Policy Chain Reactions White House crypto czar David Sacks met with Sheikh Tahnoon Bin Zayed Al Nahyan … Read more
A study by Atmos ranks the UAE as the world’s most crypto-obsessed country due mostly to its high crypto ownership and adoption rates. UAE Has Highest Crypto Ownership Rate Globally According to a study by Atmos, the United Arab Emirates (UAE) is the world’s most crypto-obsessed country, with a score of 98.4. The Middle Eastern … Read more
The Dubai Financial Services Authority has launched the tokenization regulatory sandbox to support firms developing tokenized investment products within the Dubai International Financial Centre. Crypto Tokens Excluded The Dubai Financial Services Authority (DFSA) has announced the launch of its Tokenisation Regulatory Sandbox, a new initiative designed to support firms exploring tokenized investment products and services … Read more
Crypto.com has received a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivative products such as futures and perpetual swaps, marking a major step forward in its global expansion strategy. Dubai’s VARA Grants Crypto.com Approval to Launch Derivatives Products Crypto.com has secured a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA), … Read more
Abu Dhabi-based MGX has invested $2 billion in Binance, marking the largest institutional investment ever in a crypto company and the largest ever paid in stablecoins. The deal cements Binance’s dominance and signals growing institutional faith in blockchain’s future. MGX Enters Crypto with Record-Breaking $2 Billion Stake in Binance Binance, the world’s largest crypto exchange … Read more
Hubpay, a United Arab Emirates-based cross-border payments platform, has partnered with Aquanow, a digital asset infrastructure provider, to launch a regulated cryptocurrency payments facility for businesses in the Middle East country. Collaboration Bolsters UAE’s Digital Asset Hub Ambition Hubpay, a United Arab Emirates (UAE)-based cross-border payments platform, has partnered with digital asset infrastructure provider Aquanow … Read more
The Virtual Assets Regulatory Authority (VARA) has issued an alert regarding MKAN Coin DMCC, which advertised virtual asset activities in the United Arab Emirates (UAE) without the necessary regulatory approval. VARA has instructed the company to cease all unlicensed operations and imposed a fine. The regulator said MKAN Coin’s activities expose users to significant financial … Read more