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United Arab Emirates

Phoenix Group of the United Arab Emirates Acquires Strategic Shareholding in Tether’s Dirham Stablecoin

Tether Releases Dirham-Pegged Cryptocurrency The well-known international digital asset firm Tether, best known for its stablecoin USDT, has announced plans to launch a new stablecoin based on the United Arab...
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Crypto Salaries

Dubai Court Paves the Way for Crypto Salaries in Groundbreaking Decision

A Seminal Opinion Upholds the Validity of Cryptocurrency Payments in Employment Agreements The Dubai Court of First Instance has recognized bitcoin as a valid method of salary payment under employment...
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Bitpanda acquires 500k new users across MENA in Q2

In the rapidly evolving financial technology landscape, Bitpanda has made significant strides. The platform, known for its user-friendly approach to digital assets and financial services, recently announced an impressive milestone:...
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Custody Provider Liminal Gets Approval in Abu Dhabi

Liminal, a Singapore-based custody services provider, achieved a significant milestone in its international expansion with regulatory approval in Abu Dhabi. According to representatives interviewed by CoinDesk, the firm’s subsidiary, First...
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Bitcoin Exchange Reserves Reach Lowest Level in Three Years

As of June 19, 2024, the Bitcoin exchange reserve has reached its lowest point in three years, indicating a decrease in the total amount of Bitcoin available on exchanges. This...
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DFSA Unveils Significant Revisions to Cryptocurrency Token Regulations

In a swift response to global regulatory changes, Dubai’s financial authorities are making amendments to their digital asset regime, signaling their commitment to staying up-to-date. This move is compelling industry...
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Overview of Israeli FinTech Kima Mastercard Partnership on DeFi’s Credit Cards 

Israeli FinTech company Kima and Mastercard’s FinSec Innovation Lab recently partnered with Mastercard to infuse decentralized finance (DeFi) tools with traditional financial services such as credit cards and bank accounts....
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5 Ways Blockchain Has Promoted Digital Currency Initiatives In UAE

Blockchain technology has become a driving force in transforming digital currency initiatives in the United Arab Emirates (UAE). Widespread adoption is fueled by improved security, smooth cross-border transactions, and government-backed...
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Token Unlock

Notable Token Unlock Events Coming in November

The crypto market is preparing for a new round of token releases as November has begun. This month is expected to see significant releases worth over $10 million, including tokens...
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blockchain analysts

How Blockchain Analysts Help Recover Funds:

Cryptocurrency has become a widely used digital asset for transactions. People and companies use crypto and blockchain to carry out transactions because it saves costs. Also, crypto helps to maintain...
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