News
One of the largest banking groups in the region, Dubai-state-run Emirates NBD, offers crypto trading services in collaboration with Aquanow and Zodia Custody.
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UAE News
The UAE, or the United Arab Emirates, is a federal state composed of seven states located in the Near East. The UAE has a strong economy and currently is thirteenth in the world by GDP due to its oil production. In terms of Bitcoin, the UAE government created a legal framework in 2016 that has become the foundation for future cryptocurrency regulation. Despite these regulations prohibiting payment services from providing transactions in Bitcoin, the new law, in accordance with the Central Bank, can be interpreted differently, depending on certain situations. However, the country is a great platform for innovation. The UAE has recently accepted the UAE Blockchain Strategy in order to become one of the most advanced countries in the blockchain technology sphere.
- Opinion
Navigating the UAE’s crypto ecosystem means decoding a maze of acronyms — SCA, VARA, DMCC, ADGM and more.
2149 - News
Tokinvest founder and CEO Scott Thiel said that in his seven years in the RWA sector, there’s been “no lack of demand” from asset owners wanting to tokenize their properties.
4004 - News
2024 was a disappointing year for MENA venture capital deals, but that could change as AI adoption accelerates.
2724 - News
Bybit is nearing a full operational license in the UAE, expanding globally despite regulatory challenges and the $1.4 billion crypto hack.
2530 - News
The Dubai Financial Services Authority has recognized the first stablecoins under its crypto token regime: USDC and EURC.
5160 - News
Crypto app downloads in the UAE reached 15 million in 2024, with a record 2.8 million installs in December, driven by market trends and adoption.
1828 - Market Analysis
Analysts speculate that the Bitcoin bull run is ready to resume after Bitfinex longs soar to $5.1 billion. Are they mistaken?
6344 - News
Mantra Finance has secured a Dubai VASP license, expanding its DeFi and RWA tokenization services for institutional investors in the UAE and MENA region.
3347 - News
Dubai’s crypto regulator said any virtual assets issued in the emirate must adhere to its regulations.
4333 - Recap
To truly tokenize RWA assets, regulation and full liquidity must go hand in hand, according to Mantra’s founders.
18503 - News
Tether and its new partner in the UAE will offer an opportunity to use USDt to purchase real estate at 30,000 local and international property agents.
4209 - Opinion
Bad advice from unqualified consultants can lead to costly regulatory mistakes.
1376 - News
The Dubai-based venture capital firm said it plans to invest in 100 early-stage Web3 projects, 25 liquid tokens and 10 fund-of-fund allocations.
6213 - Opinion
2024 cemented the UAE’s status as a global crypto hub as its landscape changed substantially with new stablecoin regulations, tax exemptions and stricter marketing rules.
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