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Nalezeno "abu dhabi": 61

QCP Capital and Further Ventures Announce Partnership for Middle East Crypto Expansion

17.4.2024
Both companies plan to develop new institutional digital offerings, while QCP is set to open an Abu Dhabi shop

Nexo Secures Preliminary VARA Approval to Launch Crypto Lending and Brokerage Services in Dubai

6.3.2024
On Tuesday, Nexo announced its Dubai entity, Nexo DWTC, had secured preliminary approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to engage in virtual asset lending, borrowing, and broker-dealer activities within the UAE’s most populous city. Nexo Gains Initial VARA...

Coinbase Reveals ‘Project Diamond’ Initiative, Targets Institutions Issuing Native Digital Assets

15.12.2023
Coinbase, the largest U.S.-based crypto exchange, has revealed Project Diamond, an initiative that seeks to provide the tools for institutions to issue native digital assets. The project, which integrates several technologies, including Coinbase’s layer 2 product Base, the USDC stablecoin...

Coinbase to Bring TradFi Assets On-Chain With New Platform Built on Base Under Abu Dhabi Regulator's Oversight

12.12.2023
Coinbase's Project Diamond lets institutions create and trade digital native versions of financial instruments such as debt using Base in a regulated manner

Crypto Exchange Binance Drops Abu Dhabi License Application as Global Needs Shift

9.12.2023
Crypto exchange Binance has withdrawn its application for a license in Abu Dhabi. “When assessing our global licensing needs, we decided this application was not necessary,” a Binance spokesperson stated, adding that the company plans to continue to work with regulators “to...

Binance Withdraws Bid for Abu Dhabi License: Reuters

8.12.2023
Binance determined the application was not necessary "when assessing [its] global needs." The move is unrelated to the exchange's legal settlement in the U.S

UAE Tech Researchers Roll Out Lightweight Blockchain for Carbon Trading

7.12.2023
The Technology Innovation Institute in Abu Dhabi has launched a blockchain geared towards tracking carbon emissions and facilitating trading amid growing climate concerns. In a Dec 5 post on X (Twitter), the institute disclosed that its Cryptography Research Center has launched the blockchain as...

Crypto Mining Firm Phoenix Shares Surges 50% on Abu Dhabi Debut

6.12.2023
Source: Adobe Phoenix Group Plc, an Abu Dhabi-based Bitcoin mining and colocation service provider, has reported a significant 50% surge in shares. The company announced Sunday, its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX), slated for December 5th. The event marked...

Crypto Miner Phoenix Group's Shares Surge 35% in Abu Dhabi Stock Market Debut

5.12.2023
The UAE-based company said its initial public offering (IPO) in November was 33-times oversubscribed

SEBA Bank Rebrands to AMINA Bank, Shoots for Global Expansion

1.12.2023
Crypto-friendly Swiss-based SEBA Bank AG has announced its new brand identity: AMINA Bank AG. According to the press release shared with Cryptonews, the rebrand will not affect the bank’s current clients “other than encountering the new name.” It stated that, “All operations will be business...

Paxos Secures In Principle Approvals for Stablecoin Issuance and Crypto Services in Abu Dhabi

30.11.2023
Paxos, a provider of blockchain and tokenization infrastructure, has recently received preliminary approvals from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi. The company stated that these endorsements are crucial steps for Paxos, enabling it to issue stablecoins pegged to...

IOTA Jumps 43% After Registering Ecosystem Foundation in Abu Dhabi

29.11.2023
Native token of the Iota ecosystem [IOTA] jumped 35% Wednesday on news about registering a development foundation in Abu Dhabi

Paxos receives in-principle approval to issue stablecoins in Abu Dhabi

29.11.2023
The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin

Crypto Custody Firm Copper to Start Digital Securities Brokerage in Abu Dhabi

29.11.2023
Copper Securities is working with Abu Dhabi’s Financial Services Regulatory Authority to have the appropriate approvals in place by early 2024

Crypto Miner Phoenix Group Says UAE Initial Share Sale Was 33-Times Oversubscribed

21.11.2023
Phoenix was looking to sell almost 18% of the company for a target raise of $368 million

Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms

2.11.2023

Abu Dhabi Global Market Unveils New Regulations for Web3 Firms

2.11.2023
Abu Dhabi seeks to beef up its web3 landscape with new guidelines for blockchain-based firms as its crypto hub is projected to grow in the coming months. The Abu Dhabi Global Market (ADGM) announced new rules that create numerous blockchain foundations and how they operate within the jurisdiction...