In just over a year, Fuze has emerged as the Middle East and Turkey’s leading digital assets infrastructure platform, providing regulated, secure, and scalable solutions that empower financial institutions to launch and manage next-generation digital asset products fast. Headquartered in UAE and built for the region, Fuze enables banks, fintechs, and enterprises to roll out products like […]
Dubai May 19, 2025 – Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced two new customers in the UAE utilizing Ripple Payments. Ripple Payments employs blockchain, digital assets, and a global network of payout partners to deliver fast, transparent, reliable cross-border payments and on/off ramps for banks, crypto companies, and fintechs worldwide. Since becoming the […]
The company started in Japan and expanded to the UAE in 2021 after being selected for Hub71, Abu Dhabi’s premier startup acceleration program. Bitgrit, a leading global AI startup, has officially established a DLT Foundation under the regulatory framework of ADGM. This milestone marks a significant step towards the launch of their BGR Network, one […]
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced it has surpassed 70 million registered users, a milestone that highlights the platform’s sustained global growth and deepening trust among both retail and institutional clients. This achievement underscores Bybit’s robust market presence and its steadfast commitment to security, compliance, and product innovation. “Reaching 70 […]
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 […]
DUBAI, United Arab Emirates — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and Ghaf Labs, a MENA-based Web3 boutique advisory and consultancy firm, have signed a Memorandum of Understanding (MOU) to enter a multi-year strategic partnership. The alliance aims to drive crypto adoption, ecosystem development, and real-world utility across the Middle East and North Africa […]
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 […]
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 […]
Singapore — XWeave, a non-custodial cross-border payments platform leveraging stablecoins, has announced the close of its $3 million seed funding round. The round was led by Jungle Ventures through its First Cheque@Jungle program, along with Lightshift. The funding also saw follow-on investment from Menyala, a venture studio founded by Singaporean sovereign wealth fund Temasek, and new […]
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 […]