Dubai To Enable Cryptocurrency Payments for Government Fees

Dubai To Enable Cryptocurrency Payments for Government Fees

The Department of Finance in Dubai Government (DOF) has partnered with cryptocurrency trading platform Crypto.com to enable the payment of government service fees using cryptocurrencies. The signing took place on the sidelines of DOF and Crypto.com’sticipation in the Dubai FinTech Summit at the Dubai International Financial Centre.The partnership supports the implementation of the Dubai Cashless Strategy by […]

Mbank Provides AED Escrow Account Services to Changer.ae Clients Enabling Secure and Regulated Dirham to Crypto Conversions

Mbank Provides AED Escrow Account Services to Changer.ae Clients Enabling Secure and Regulated Dirham to Crypto Conversions

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 […]

Emarat and Crypto.com Partner to Introduce First Cryptocurrency Payments at UAE Fuel Stations

Emarat and Crypto.com Partner to Introduce First Cryptocurrency Payments at UAE Fuel Stations

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 […]

UAE-based BurjX secures in principle approval from ADGM’s Financial Services Regulatory Authority

UAE-based BurjX secures in principle approval from ADGM’s Financial Services Regulatory Authority

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 […]

Daleel becomes Middle East’s First Minancial Marketplace to integrate Binance Cryptocurrency Products

Daleel becomes Middle East’s First Minancial Marketplace to integrate Binance Cryptocurrency Products

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 […]

Standard Chartered and OKX launch world-leading Collateral Mirroring Programme

Standard Chartered and OKX launch world-leading Collateral Mirroring Programme

London, Dubai – Standard Chartered and OKX, a leading cryptocurrency exchange and global onchain technology company, today announced the launch of a ground-breaking, world-leading collateral mirroring programme, enabling institutional clients to utilise cryptocurrencies and tokenised money market funds as off-exchange collateral for trading. This initiative significantly enhances security and capital efficiency for institutional clients by using a […]

Bitget to Burn $120 Million worth of BGB for Upcoming Quarterly Burn

Bitget to Burn $120 Million worth of BGB for Upcoming Quarterly Burn

Global, April 9, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a significant update to the burn mechanism of Bitget Token (BGB). This enhancement introduces a utility-based model that ties BGB’s quarterly burn amount to its on-chain usage, signifying the token’s evolution towards higher transparency, compliance, and sustainable token value. To […]

Ripple and Chipper Cash Partners to unlock Faster and more cost-effective Crypto-Enabled Payments across Africa

Ripple and Chipper Cash Partners to unlock Faster and more cost-effective Crypto-Enabled Payments across Africa

San Francisco/Lagos March 27, 2025 – Ripple, the leading provider of digital asset infrastructure for financial institutions, and payments provider Chipper Cash have announced a new partnership to support cross-border payments into Africa using Ripple Payments, which leverages digital assets for faster, cheaper, more efficient cross-border payments. By leveraging Ripple’s crypto-enabled payments solution Chipper Cash, which has […]

Bitpanda secures Full Licence Approval from the VARA for UAE Expansion

Bitpanda secures Full Licence Approval from the VARA for UAE Expansion

Dubai: Bitpanda, Europe’s leading virtual assets platform, has secured a Broker-Dealer licence from the Dubai Virtual Assets Regulatory Authority (VARA), obtaining approval in record time. The licence will allow Bitpanda to make its virtual assets platform available to investors in the UAE including access to over 500 virtual assets – the most extensive virtual assets […]

UAE-based neo broker Amana expands Crypto Offering to 450+ coins – The largest selection among MENA brokers

UAE-based neo broker Amana expands Crypto Offering to 450+ coins – The largest selection among MENA brokers

DUBAI, United Arab Emirates (GLOBE NEWSWIRE) — amana, MENA’s leading neobroker, is redefining trading by adding 300+ new cryptocurrencies, bringing its total to 450+ coins—the most from any local broker. This unmatched range cements amana as the go-to platform for seamless digital and traditional asset trading in one powerful app. This milestone fills a major gap: […]