Dubai, United Arab Emirates: The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), today announced the next phase of its Tokenisation Regulatory Sandbox, beginning engagement with firms selected to join its Innovation Testing Licence programme – the DFSA’s regulatory sandbox that allows entities to test innovative financial products and […]
Bitcoin.com Establishes First Regional Headquarters at UAE’s DMCC Crypto Centre
Bitcoin.com sets up its first MENA office in DMCC Crypto Centre, joining over 650 blockchain and Web3 companies. Move reinforces DMCC’s growing role as the most concentrated and dynamic hub for Web3 and emerging technologies in the region DMCC counts over 3,200 tech companies across its international business district, including over 800 companies within its […]
Qatar Financial Centre Launches Tokenised Carbon Markets Ecosystem to Support Cross-Border Carbon Trading
The Qatar Financial Centre is creating an ecosystem for tokenised carbon markets, which will not only facilitate cross-border carbon credit movements but also enable tokens produced in various countries to be easily exchanged. The Qatar Financial Centre is creating an ecosystem for tokenised carbon markets, which will not only facilitate cross-border carbon credit movements but also enable […]
SCA and The Blockchain Center Partners to Advance UAE’s Digital Asset Ecosystem
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 […]
BingX launches $150mln shield fund to set a new benchmark for user protection
UAE, Dubai – BingX, a leading global cryptocurrency exchange and Web3 AI company, has introduced the Shield Fund, a permanent $150 million safety reserve designed to safeguard users against unexpected incidents, including technical vulnerabilities, security risks, or malicious cyber threats on the platform. Unlike conventional insurance models, the Shield Fund is entirely self-funded and always active, […]
PRYPCO Mint unveils second tokenised property as Dubai expands blockchain real estate after historic sell-out
A new on-chain property goes live on 11 June, reinforcing Dubai’s leadership in real estate innovation, accessibility, and digital transformation. Dubai, UAE – Following the landmark success of its inaugural tokenised property, which was fully funded in under 24 hours, PRYPCO Mint has announced the launch of its second tokenised listing, set to go live on […]
Saudi Arabia’s First Ever Tokenized Real Estate Transaction Set for Launch by droppRWA and RAFAL Real Estate
The RAFAL pilot will serve as a national feasibility benchmark for the future of tokenized property markets in Saudi Arabia. Saudi Arabia – droppRWA, a subsidiary of droppGroup, the world’s leading provider of sovereign-grade Web3 AI and blockchain infrastructure, today announced a landmark partnership with RAFAL Real Estate Co., one of Saudi Arabia’s leading developers, to execute […]
Ctrl Alt secures VARA License, becomes first VASP authorized to conduct Issuer Services in Dubai
Dubai, UAE – Ctrl Alt, a leading tokenization infrastructure platform, has officially secured its license from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate as a Virtual Assets Service Provider (VASP). Notably, Ctrl Alt is the first VASP authorized to conduct issuer-related services. This milestone marks a significant step in Ctrl Alt’s global expansion and highlights its commitment to operating within […]
Emirates Coin Investment LLC obtained the first virtual asset license in the UAE from SCA
Abu Dhabi: Emirates Coin Investment LLC (EmCoin) has made history as the first company in the UAE to be licensed by the Securities and Commodities Authority (SCA) to offer fully regulated Virtual Asset services. This milestone marks a bold new chapter in the UAE’s financial journey ushering in a smarter, safer, and more inclusive era for […]
Ripple’s stablecoin “RLUSD” approved by the DFSA as Recognised Crypto Token
Ripple’s RLUSD Stablecoin Approved for Use in the DIFC Dubai, UAE – 3 June – Ripple, the leader in enterprise blockchain and crypto solutions, today announced that its stablecoin, RLUSD, has been approved as a recognised crypto token by the Dubai Financial Services Authority (DFSA) for use within the Dubai International Financial Centre (DIFC). This approval […]