DKK Digital FZE, secures In-Principle Approval from VARA, set to expand Virtual Asset Services in the UAE

DKK Digital FZE, secures In-Principle Approval from VARA, set to expand Virtual Asset Services in the UAE

Dubai, UAE—23 January 2025—DKK Digital FZE, based in the Dubai World Trade Centre, as a subsidiary of DKK, has successfully secured an in-principle approval from the Dubai Virtual Assets Regulatory Authority (VARA). This is an important milestone in DKK’s journey to becoming a regulated Virtual Asset Service Provider (VASP) in the UAE. Founded in England, DKK Partners […]

Bitcoin hits record above $109,000 awaiting Trump

Bitcoin hits record above $109,000 awaiting Trump

London – Bitcoin soared to a record high of $109,241 on Monday as anticipation grew over Donald Trump’s impending inauguration as the next U.S. president. The cryptocurrency briefly surged past the historic milestone before settling at around $107,500. The world’s largest cryptocurrency has been on a remarkable rally since Trump’s victory in November’s presidential election, […]

Deus X Pay and BCB Group partner to enhance Fiat Currency Settlement Capabilities

Deus X Pay and BCB Group partner to enhance Fiat Currency Settlement Capabilities

Dubai, UAE—Deus X Pay, a regulated institutional stablecoin payment provider, is thrilled to announce its strategic payment partnership with BCB Group, a leading provider of payment and trading services for the digital asset economy. This integration offers instant settlement of fiat currencies, enabling faster, cheaper, and safer financial transactions for clients. Through this collaboration, Deus […]

Tokinvest Becomes First DMCC Company Secures Full VARA License for RWA Marketplace

Tokinvest Becomes First DMCC Company Secures Full VARA License for RWA Marketplace

Dubai, UAE – Tokinvest, a trailblazing platform for Real-World Asset (RWA) investing, has achieved a groundbreaking milestone by becoming the first company within Dubai’s DMCC Free Zone to secure a full market license from the Dubai Virtual Assets Regulatory Authority (VARA). Pioneering Tokenised Investments The VARA license empowers Tokinvest to operate as a virtual asset […]

MANTRA and DAMAC Group Ink US$1 Billion Deal To Tokenize Assets

MANTRA and DAMAC Group Ink US$1 Billion Deal To Tokenize Assets

The collaboration will enable token-based financing for the group’s assets, which are valued at a minimum of $1 billion. Dubai, UAE – MANTRA, a purpose-built layer 1 blockchain for tokenized real-world assets (RWAs), has signed a groundbreaking US$1 billion agreement with Dubai-headquartered investment conglomerate DAMAC Group. This partnership aims to tokenize DAMAC’s diverse portfolio of […]

Mastercard Rolls Out Crypto Credential Solution in the UAE and Kazakhstan

Mastercard Rolls Out Crypto Credential Solution in the UAE and Kazakhstan

The innovative solution helps verify cryptocurrency interactions among consumers and businesses using blockchain networks CoinMENA, ATAIX Eurasia and Intebix join the Mastercard Crypto Credential pilot ecosystem, expanding availability in the Middle East and Eastern Europe Crypto-wallet-as-a-service provider Fuze also joins to extend the reach to more businesses and consumers in the region Dubai, UAE; 9 […]

Zand Bank Collaborates With Klickl International To Lead Digital Asset Innovation

Zand Bank Collaborates With Klickl International To Lead Digital Asset Innovation

Dubai, United Arab Emirates: Zand, the UAE’s first fully licensed, AI-powered digital bank, has announced a collaboration with Klickl International (Klickl), a forward-thinking Web 3.0 Open Finance platform headquartered in the UAE. This collaboration highlights Klickl’s commitment to elevating its operations by utilizing Zand’s comprehensive banking products and innovative solutions. Zand recently announced that it […]