Tag: UAE
Tether Expands Into UAE with Dirham-Pegged Stablecoin
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise t [...]
USDT Issuer Tether Plans to Develop UAE Dirham-Pegged Stablecoin With Phoenix Group (PHX)
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What a Dubai Court Ordering a Company to Pay Its Employee in Crypto Means
The complainant alleged the company stopped paying their salary without reason for five months before terminating the contract. The court ordered the [...]
Ethiopia, UAE ink currency swap deal
Ethiopia, facing a significant foreign exchange shortage, signed a currency swap agreement with the United Arab Emirates, a joint stat [...]
BUX offloads FCA licensed entity to UAE CFDs broker APM Capital
Dutch banking concern ABN Amro has begun to offload the non-core units of BUX, the Amsterdam based neobroker [...]
Indian Crypto Exchange CoinDCX Acquires BitOasis
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MANTRA to Tokenize $500M Real Estate Assets for UAE Builder MAG Group
Mantra, which is focused on the Middle East, will tokenize the assets in multiple tranches. The first tranche will include a residential project, Ketu [...]
Crypto Exchange Bitpanda Extends Partnership With Austrian Bank Raiffeisen, Opens Dubai Office
Bitpanda’s deputy CEO Lukas Konrad says the European Union’s promise of regulatory clarity is translating into adoption: the Raiffeisen partnership, w [...]
Katina Messinis leaves Exinity for UAE Sales Director role at GCEX
GC Exchange FZE (GCEX), the UAE-licensed arm of digital assets prime brokerage GCEX Group, has appointed Katina Messinis as Sales Director [...]
Crypto.com Obtains Full Dubai Operational License
Singapore-based crypto platform Crypto.com has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA) for its loca [...]
Crypto Lender Nexo Secures First Regulatory Victory in Dubai
Receiving a full license involves three stages: an initial provisional permit, a preparatory license, and an operating license. Nexo’s regional entity [...]
UAE researchers launch blockchain carbon trading platform at COP28
An Abu Dhabi government-affiliated research center has announced the launch of a new blockchain-powered carbon tracking and trading platform, amid eff [...]
Crypto Miner Phoenix Group (PHX) Stock Surges as Much as 50% in Abu Dhabi Stock Market Debut
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eToro, M2 win ADGM crypto licenses to operate in UAE financial center
Crypto investment platforms eToro and M2 received various degrees of approval to offer their services in the United Arab Emirates from the ADGM Financ [...]
Crypto Miner Phoenix Group Says Abu Dhabi IPO Was 33-Times Oversubscribed
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