In a significant step toward bridging the gap between traditional finance and the digital asset economy, Mbank provides AED Escrow Account Services to Changer.ae clients enabling secure and regulated dirham to crypto conversions and trades executed at the Changer.ae platform. Through this service, customers can safely utilize a Dirham escrow account powered by Al Maryah […]
May 8, 2025 – Emirates Petroleum Company PJSC (Emarat) and Crypto.com today announced an innovative partnership to enable cryptocurrency services at Emarat service stations via Crypto.com (subject to regulatory approval). Emarat is a pioneering petroleum company with more than 155 service stations across the UAE. With Crypto.com, merchants can utilize crypto and digital asset services as […]
Singapore — XWeave, a non-custodial cross-border payments platform leveraging stablecoins, has announced the close of its $3 million seed funding round. The round was led by Jungle Ventures through its First Cheque@Jungle program, along with Lightshift. The funding also saw follow-on investment from Menyala, a venture studio founded by Singaporean sovereign wealth fund Temasek, and new […]
Abu Dhabi, UAE – The future of crypto in MENA is taking shape. BurjX, a UAE-based digital asset brokerage, announced today that it has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This marks a key regulatory milestone as BurjX moves towards securing its Financial Services Permission […]
Dubai, United Arab Emirates, 1 May 2025: MAG, the leading real estate developer in the UAE has signed a historic $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution based in Dubai, and Mavryk, a leading blockchain innovator — marking the largest real-world asset (RWA) tokenization initiative globally to date. The […]
Dubai, UAE – May 2, 2025 — JPMorgan’s blockchain arm, Kinexys (formerly Onyx), has made significant inroads into the Middle East and North Africa (MENA) region, with eight of the region’s largest banks now leveraging its blockchain-based payments infrastructure. Among the confirmed financial institutions are; Qatar National Bank Saudi National Bank First Abu Dhabi Bank […]
Three major UAE institutions pioneer a new stablecoin as founding partners. The stablecoin launch led by three leading UAE entities will put the UAE at the forefront of blockchain innovation, strengthening UAE’s digital infrastructure. Businesses and consumers to benefit from trusted network with the UAE’s Central Bank oversight. Abu Dhabi, UAE – IHC, ADQ, and First […]
Islamabad, April 29, 2025 — Fasset, a leading digital asset platform focused on fostering financial inclusion in high-growth markets, has officially introduced Pakistan’s first gold tokenization solution under a Regulatory Sandbox license approved by the Securities and Exchange Commission of Pakistan (SECP). By leveraging blockchain technology, Fasset’s latest innovation enables secure, transparent, and fractionalized investments in physical gold, […]
Dubai, United Arab Emirates and Manama, Bahrain: Daleel, the Middle East’s leading personalized financial marketplace has announced it will integrate and showcase cryptocurrency products from Binance, the world’s largest crypto exchange by trading volume. Through the Binance Link Program, Daleel will be able to access the top 10 crypto trading pairs from the largest and most […]
Dubai, UAE – BitGo, the leading infrastructure provider of digital asset solutions, is pleased to announce that its Dubai subsidiary, BitGo Custody MENA FZE, has received a Virtual Assets Service Provider (VASP) operating license to provide Virtual Asset Custody Services and Staking, from Dubai’s Virtual Assets Regulatory Authority (VARA). This approval follows BitGo’s receipt of the in-principle […]