Dubai’s biggest bank, Emirates NBD, has jumped into the world of crypto trading, letting customers of its digital bank, Liv, buy, sell, and swap cryptocurrencies right through the Liv X app. They’ve teamed up with Aquanow, a legit digital assets company approved by Dubai’s Virtual Assets Regulatory Authority (VARA), to make it happen. The UAE […]
Dubai: In a major leap forward for digital finance, Hubpay, a leading UAE cross-border payments platform, has partnered with Aquanow, a global digital asset infrastructure provider, to introduce the UAE’s first fully regulated crypto payments facility tailored for businesses and SMEs. This collaboration will allow businesses across various sectors – including real estate, manufacturing, and general […]
Dubai, UAE – In what is being described as the largest cryptocurrency heist in history, Dubai-based crypto exchange Bybit has lost approximately $1.5 billion (Dh5.51 billion) worth of digital assets due to a “sophisticated attack.” Despite the breach, the company has assured users that all functions remain operational and that withdrawal requests have not been […]
Abu Dhabi, UAE: Klickl, the UAE-based Web3 financial platform, has announced a collaboration with IMKAN Properties, a leading global real estate master developer based in Abu Dhabi, to facilitate property purchases through cryptocurrency. This collaboration is set to revolutionize real estate transactions by introducing an innovative financial model that will elevate the home-buying experience for regional […]
AMMAN — The Cabinet on Sunday approved a plan to develop a comprehensive legal framework to regulate virtual and digital assets, aiming to establish clear governance mechanisms for this rapidly growing sector within a year. The decision, taken during a Cabinet meeting chaired by Prime Minister JaafarHassan, aligns with the Future Technology Council’s programmes, which were initiated under Royal directives […]
DP World is collaborating with leading financial institutions and technology providers to tackle inefficiencies in cross-border payment systems that have long hindered global commerce. The company aims to address critical challenges faced by customers in emerging markets, particularly in Asia and Africa, where businesses often struggle with slow settlement times, limited access to finance, and […]
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 […]
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 […]