Search
BlackRock receives license to operate in Abu Dhabi
18.11.2024
BlackRock has secured a license in Abu Dhabi, focusing on AI and private markets while expanding its presence in the UAE’s crypto-friendly ecosystem
BlackRock receives license to operate in Abu Dhabi
18.11.2024
BlackRock has secured a license in Abu Dhabi, focusing on AI and private markets while expanding its presence in the UAE’s crypto-friendly ecosystem
Ripple in the UAE, XRP’s Role in Dirham Stablecoin Expansion
8.11.2024
The global stabelcoin market is on the rise and is projected to reach $3 trillion in the next…
UAE and Chinese Investment Firms Partner on Ethiopian Energy Infrastructure Project
7.11.2024
Hodler Investments and GCL Energy Investment have partnered to develop a distributed energy infrastructure project in Ethiopia to power next-generation data centers. Boosting Ethiopia’s Data Center Market The United Arab Emirates (UAE) investment firm Hodler Investments has partnered with...
Tether to launch dirham-pegged stablecoin on TON
1.11.2024
Tether’s senior strategic partnership manager, Alessandro Giori, said that TON is the fastest blockchain to reach 1 billion USDT since its launch
UAE and Saudi Arabia Deepen Ties With Russia Amid Global Shifts
30.10.2024
The United Arab Emirates (UAE) and Saudi Arabia are bolstering strategic ties with Russia, with the UAE seeking a partnership and Saudi Arabia enhancing diplomatic collaboration for regional stability. UAE and Saudi Arabia Strengthen Strategic Ties with Russia During a meeting in Dubai,...
As BIS Mulls Shutting Down mBridge, Its Innovation Hub Calls The Project a ‘Public Good’
29.10.2024
An international payments project backed by China, the UAE, Thailand and Hong Kong is raising concerns in Washington
UAE’s Ras Al-Khaimah Launches Pioneering Legal Framework for DAOs
22.10.2024
Ras Al-Khaimah (RAK), a region in the United Arab Emirates, has established a legal framework for decentralized autonomous…
UAE Region Ras Al-Khaimah Launches Framework for Decentralized Autonomous Organizations in Free Zone
22.10.2024
The regime will enable DAO's to have tax optimization and legal clarity, Dr. Sameer Al Ansari, CEO of RAK DAO said in the statement
Chainalysis hit with $650M lawsuit, Italy to hike Bitcoin tax: Law Decoded
21.10.2024
Chainalysis faces a $650 million defamation lawsuit, the EU’s ESMA pushes for MiCA amendments, Cyprus and Ireland scramble to align with regulations, and Italy plans to hike tax on Bitcoin
Sui Launches ‘Incubator’ Hub in Dubai for ‘On the Spot’ Solution Engineering
21.10.2024
The Sui blockchain has launched a hub in Dubai which will act as an incubator for blockchain developers and entrepreneurs, one of its founding developers told CoinDesk in an interview
UAE to introduce legal framework for DAOs
18.10.2024
UAE lawyer Irina Heaver told Cointelegraph that the framework would allow even smaller DAOs to operate legally.
US lagging behind in global stablecoin adoption — Chainalysis
17.10.2024
Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions
Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade
17.10.2024
Brazil pushes for a shift away from the U.S. dollar within the BRICS alliance, advocating for more use of national currencies in trade among member countries. As the group expands, discussions on alternative payment platforms are gaining momentum ahead of the BRICS summit in Kazan. Brazil aims...
Dubai's VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official
16.10.2024
Dubai’s Virtual Assets Regulatory Authority believes it has struck the correct balance in terms of time taken to award licenses to crypto-related applicants, its senior official Sean McHugh told CoinDesk in an interview on Tuesday, disputing any perception of being a friendlier-than-usual crypto...
Regulation by enforcement leads to ‘exodus’ of talent — RAK DAO exec
15.10.2024
RAK DAO chief commercial officer Luc Froehlich told Cointelegraph that while regulations need clarity, a regulation-by-enforcement approach drives talent away.
AED Stablecoin Gets Green Light From UAE Central Bank
15.10.2024
AED Stablecoin LLC has received approval from the Central Bank of the United Arab Emirates (UAE) to launch its stablecoin, AE Coin. This makes AED Stablecoin the first entity in the UAE to issue stablecoins, aligning with the government’s digital strategy. AE Coin is a fiat-backed stablecoin...
UAE stablecoin issuer gets greenlight, FTX customers sue hedge fund: Law Decoded
14.10.2024
While the UAE central bank has given a significant regulatory nod to a new stablecoin, an FTX customer sued hedge fund Olympus Peak over its alleged profits from the exchange’s meltdown
UAE stablecoin issuer gets nod from central bank
14.10.2024
With Tether waiting in the wings, AED Stablecoin becomes the front-runner to launch the United Arab Emirates’ first regulated dirham-pegged token
BRICS Nations Set for 4.4% Growth in 2024-2025, Outpacing G7 Economies
11.10.2024
Russian Finance Minister Anton Siluanov has emphasized the rising influence of BRICS nations during a recent event, noting their projected economic growth of 4.4% in 2024-2025, compared to 1.7% for G7 countries. Siluanov highlighted BRICS’ growing share of global GDP, now at 36.7%, and...