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Dubai Completes Crypto Payment Pilot for Government Services
18.10.2025
Dubai’s Department of Finance has successfully completed a pilot test enabling the settlement of digital assets in UAE dirhams for instant government service payments. Pilot Transaction Details The Dubai Department of Finance (DoF) has successfully completed a preliminary technical test enabling...
OKX and Standard Chartered Bring Crypto Custody to the European Market
16.10.2025
OKX has expanded its partnership with Standard Chartered into the European Economic Area (EEA), offering institutional clients its collateral mirroring program. The move strengthens regulatory trust and cements OKX’s long-term commitment to Europe’s growing digital asset market. Standard Chartered...
Dubai’s Ruler Praises Digital-Assets Economy, Boasts $680M Trading Milestone
14.10.2025
His Highness Sheikh Mohammed bin Rashid Al Maktoum, prime minister of the United Arab Emirates and ruler of Dubai, said that with the establishment of VARA “a completely new economic sector has been added to our national economy in just three years.” Dubai Rises as World’s Largest Virtual Assets...
São Tomé and Príncipe Unveils Blockchain-Powered Citizenship-by-Investment Program
14.10.2025
São Tomé and Príncipe and the UAE-based tech firm IOPn have partnered to launch a blockchain powered citizenship-by-investment (CBI). Anchoring Digital Sovereignty in the UAE The Democratic Republic of São Tomé and Príncipe has partnered with United Arab Emirates (UAE)-based sovereign technology...
Bitgo Secures VARA Broker‑Dealer License to Launch Regulated Institutional Trading in Dubai
8.10.2025
Bitgo MENA FZE announced that it has obtained a Broker‑Dealer license from the Dubai Virtual Assets Regulatory Authority (VARA), allowing the firm to offer regulated digital asset trading and intermediation services to institutional clients across the region. The approval enables Bitgo to operate...
ARK Buys $162M of Shares in SOL Treasury Company Solmate, Formerly Brera Holdings
19.9.2025
Brera, a Nasdaq-listed sports club owner, raised $300 million from United Arab Emirates-based Pulsar Group to buy Solana's SOL token
Mavryk Secures $10M From Multibank to Power $10B UAE Real Estate Tokenization
18.9.2025
Mavryk Network closed a $10 million strategic investment led by Multibank Group, the companies announced, marking an institutional endorsement of the Layer‑1 blockchain built for regulated real‑world asset (RWA) markets. Multibank — a derivatives institution with $35 billion in daily trading volume...
Abu Dhabi Grants GFO‑X Approval to Launch Digital Asset Exchange and Clearing House
5.9.2025
Abu Dhabi Global Market (ADGM) has granted GFO‑X Group in‑principle approval to establish a digital asset exchange and clearing house, the two parties announced. The approval positions GFO‑X to offer regulated venues for trading, clearing and settlement of tokenized securities and digital assets...
RAK Properties Lets Buyers Use Crypto for UAE Beachfront Homes
2.9.2025
RAK Properties, Ras Al Khaimah’s leading publicly listed real estate developer in the United Arab Emirates, announced a partnership with Hubpay to let international buyers purchase units in its Mina beachfront community using major digital assets such as USDT, BTC and ETH, with payments instantly...
Project ATLAS Unveiled: UAE’s Bold Leap into Decentralized AI and Blockchain
30.8.2025
Gewan Holding, part of Abu Dhabi’s NG9 Holding, has partnered with decentralized infrastructure pioneer Iopn to accelerate the development of sovereign AI, blockchain and digital identity solutions in the United Arab Emirates. Introducing Project ATLAS The United Arab Emirates (UAE) conglomerate...
UAE Mines Its Way to $712M Bitcoin Hoard—Now the No. 4 Government Holder on Arkham
25.8.2025
Arkham Intelligence says it has pinpointed bitcoin ( BTC) wallets tied to the United Arab Emirates (UAE), and according to the blockchain analytics firm, the UAE now ranks as the fourth-largest government holder of bitcoin flagged on Arkham’s platform. Citadel Mining’s BTC Trove Tied to Abu Dhabi...
UAE Establishes Unified Regulatory Framework for Virtual Assets Through SCA and VARA Agreement
8.8.2025
In a significant development for the local crypto sector, the United Arab Emirates has established a unified regulatory framework through an agreement between the Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority (VARA). According to local media, this...
‘Suboptimal Capital Leakage’ in GCC Due to Lack of Crypto ETPs, Warns Defi Tech President
6.8.2025
In the Gulf Cooperation Council region, there is a significant gap in the availability of regulated digital asset exchange-traded products. According to Andrew Forson, this leads to capital being exported to other jurisdictions—a situation that not only results in financial losses but also hampers...
Phoenix Group Formalizes $150M Crypto Treasury in Q2 2025 Results
31.7.2025
Abu Dhabi-headquartered bitcoin miner Phoenix Group, listed on the ADX, reported strong financial and operational results for Q2 2025, highlighting the formalization of a digital asset treasury valued at over $150 million, making it the first ADX-listed company to do so. The treasury primarily...
Rakbank Partners Bitpanda to Launch Crypto Brokerage Service for Retail Customers in the UAE
29.7.2025
Rakbank has launched a crypto brokerage service through its mobile app, becoming the first conventional bank in the United Arab Emirates (UAE) to offer crypto trading for retail customers. This new service allows Rakbank customers to buy, sell, and swap cryptocurrencies via Bitpanda’s trading...
Ripple Expands Blockchain Footprint in UAE With Real Estate and Custody Deal
17.7.2025
Ripple is revolutionizing global real estate as Dubai adopts its XRP Ledger for tokenized property deeds, unlocking secure, scalable blockchain custody in a landmark government move. Dubai Land Department Modernizes Deeds With Ripple’s Blockchain Infrastructure Ripple announced on July 16 a major...
Ripple Custody to Support Dubai Land Department’s Tokenized Real Estate Initiative
16.7.2025
Ripple has announced a strategic partnership with Ctrl Alt to provide institutional-grade digital asset custody for the Dubai Land Department’s (DLD) Real Estate Tokenization Project. This collaboration will enable secure storage for tokenized real estate title deeds issued on the XRP Ledger...
Crypto Takes Flight: Emirates and Dubai Duty Free Announce Crypto Payment Plans
10.7.2025
Dubai is advancing its payment systems by integrating cryptocurrency options through partnerships between Emirates Airline and Dubai Duty Free with the digital asset platform Crypto.com. This initiative follows the signing of strategic Memorandums of Understanding (MoUs) aimed at enhancing digital...
TON Foundation Clarifies Details of Golden Visa Staking Program
8.7.2025
The TON Foundation stated that this program resulted from an independent collaboration with a licensed partner, explaining that the UAE government had no direct involvement. “Application alone does not guarantee visa issuance,” the foundation emphasized, following the denials...
UAE Authorities Debunk Golden Visa Program for Digital Asset Investors
7.7.2025
Various government institutions in the United Arab Emirates have denied the existence of a golden visa program for cryptocurrency investors. The Virtual Assets Regulatory Authority emphasized that TON is not regulated in the country. UAE Government Denies Existence of Golden Visa Program...