ADI Foundation developing infrastructure for Dirham-backed stablecoin Fasset to provide regulated onboarding, KYC and on-/off-ramp infrastructure Abu Dhabi, United Arab Emirates – Fasset, a leading global banking and investment platform, today announced a strategic partnership agreement with ADI Foundation (ADI), an Abu Dhabi-based non-profit founded by Sirius International Holding, a subsidiary of IHC, the largest listed company in the MENA region. […]
The partnership will provide GFO-X’s institutional clients with a custody solution for using digital assets as collateral towards positions, held in a fully centrally cleared model, with Standard Chartered acting as an independent, regulated custodian. The Go live is expected in the second half of 2026. Abu Dhabi and London – Standard Chartered, a leading cross-border […]
UAE: Zand has received final approval from the Central Bank of the UAE (CBUAE) to launch the country’s first fully regulated, multi-chain AED-backed stablecoin—marking a major milestone in the evolution of digital finance in the region. The new digital asset, Zand AED, will be fully backed 1:1 by UAE dirham reserves, transparently audited, and issued […]
Laser Digital – the digital assets arm of Nomura Group, will be launching Dubai’s first real-world assets (“RWA”) tokenisation pilot under VARA’s Asset-Referenced Virtual Assets Issuance Rules (“ARVA Framework”), giving professional and institutional investors access to its flagship Laser Carry Fund (LCF). Laser Digital has partnered with KAIO (formerly LibreCapital) as the on-chain partner and […]
Receives Financial Services Permission from ADGM’s FSRA to bridge key institutional markets in Asia and the Middle East. ABU DHABI – QCP Group (“QCP”), a global leader in digital asset trading, today announced it has received its full Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in ADGM, the international financial centre of […]
Aquanow, a leading global digital asset infrastructure provider, has entered into a strategic partnership with SGB, a fully licensed digital bank regulated by the Central Bank of Bahrain (CBB), to make fiat banking services more accessible to institutional and enterprise participants in the digital asset space. Backed by Bahrain’s sovereign wealth fund Mumtalakat and Singapore’s […]
The UAE is set to launch Digital Dirham through phases, according to a new report from the Central Bank of UAE (CBUAE). Once launched, Digital Dirham, which is the digital alternative to physical money, will allow the public to use it for a wide range of payments, including online, in-store, commercial and peer-to-peer transactions. A […]
First global systemically important bank to offer secure, regulated and scalable access to Bitcoin and Ether deliverable spot trading. LONDON – In line with its commitment to offer clients safe, trusted and efficient digital assets solutions and following the successful launch of its digital assets custody service, Standard Chartered has today launched a fully integrated digital […]
Issued by FAB and to be listed on ADX and made available on HSBC Orion platform Milestone listing reinforces ADX’s leadership in digital asset innovation and financial market modernization Abu Dhabi, United Arab Emirates: Abu Dhabi Securities Exchange (ADX), the largest exchange in the UAE and second largest exchange in the Middle East North Africa (MENA), […]
Abu Dhabi, UAE — In a significant move to solidify the UAE’s position as a global leader in blockchain innovation and digital assets, the Securities and Commodities Authority (SCA) has signed a Memorandum of Understanding (MoU) with The Blockchain Center (ADBC). The MoU was signed by H.E. Waleed Saeed Al Awadhi, CEO of the SCA, and […]