Dubai, UAE: In line with Dubai’s continued vision to position itself as a global leader in digital transformation and financial innovation, Dubai Insurance has welcomed the newly announced Dubai Government initiative enabling government fee payments through cryptocurrency; a landmark step that further accelerates the adoption of digital assets across everyday transactions and public services in the […]
Daman Virtual launches Daman Crypto, bringing institutional-grade digital asset trading to the UAE
Platform delivers deep liquidity, best execution, AED settlement, direct UAE banking rails, and 24/7 dedicated relationship management from day one Daman Crypto is now live and open to eligible clients across the UAE and internationally, backed by 27 years of UAE financial services heritage Dubai, United Arab Emirates: Daman Virtual Asset Brokerage L.L.C. (“Daman Virtual”), the […]
Dubai Government allows Residents to Pay Taxes with Bitcoin via Crypto.com
Dubai: Crypto.com has become the first virtual asset service provider in the UAE to secure a Stored Value Facilities (SVF) licence from the Central Bank of the UAE, a landmark approval that will allow the company to offer regulated digital asset payment services to government entities across the country. The licence was granted to the […]
Rain becomes the first crypto platform in Bahrain to enable in-app Payment Checkout via BenefitPay
Manama, Kingdom of Bahrain: Rain Management W.L.L (Rain Bahrain) and BENEFIT—the Kingdom’s leading innovators in fintech and electronic financial services—have joined forces to bridge the gap between traditional finance and the digital asset economy. As a result of this strategic partnership, Rain becomes the first crypto platform in Bahrain to integrate BenefitPay as a direct payment […]
Bitget Launches QR-Based Payments for Daily Needs, Targets 2.2 billion Users Globally
Global, May 8, 2026 Bitget, Bitget Launches QR-Based Payments for Daily Needs, the world’s largest Universal Exchange (UEX), has introduced its Scan to Pay feature on Bitget Pay, enabling users to spend USDT directly at offline merchants by scanning QR codes through the Bitget App. The feature is now live across selected markets across Southeast […]
Checkout.com and Mastercard report reveals: MENA emerges as one of the fastest growing regions to adopt tokenization at 344.9%
Dubai, UAE, 7 May 2026: A new white paper by Mastercard and Checkout.com reveals a massive year-on-year surge in tokenization transactions processed through Mastercard in the MENA region at 344.9% – emerging as one of the world’s fastest accelerating regions for network tokenization, according to Checkout.com’s data. This trend is fueled by rapid digital commerce […]
Rain Secures In-Principle Approval from VARA for exchange, broker-dealer and margin trading services in the UAE
Rain, the leading regulated crypto-asset platform in the Middle East, today announced that its Dubai entity, Rain MENA FZE, has received In-Principle Approval (IPA) from the Virtual Assets Regulatory Authority (VARA) for Exchange Services, Broker-Dealer Services, and Margin Trading. The approval marks Rain’s entry into the Dubai market under VARA’s regulatory framework and completes its […]
Pakistan Moves to Regulate Digital Assets as 40 Million Users Operate in Informal Market
Lahore: Pakistan is taking decisive steps to regulate its rapidly growing digital asset ecosystem, as policymakers and industry experts convened at the Leadership Summit on Blockchain and Digital Assets hosted by the LUMS Centre for Digital Assets Research (CeDAR). The summit highlighted the urgent need for regulatory intervention, with officials revealing that nearly 40 million Pakistanis are currently […]
UAE Innovation City launches the world’s first blockchain-based digital business identity, powered by IOPn
RAS AL KHAIMAH, UNITED ARAB EMIRATES: Today, Innovation City, the UAE’s premier AI-powered free zone in Ras Al Khaimah, announces the launch of the world’s first blockchain-based digital business identity system. Every company registered here now receives a sovereign, living, cryptographically verifiable identity powered by IOPn’s native layer on blockchain, OPN chain. This is not […]
ARP Digital receives in-principle approval from Dubai’s Virtual Assets Regulatory Authority
DUBAI, UAE – ARP Digital, a regulated digital capital infrastructure platform, today announced that it has received in-principle approval from the Dubai Virtual Assets Regulatory Authority (VARA) to provide Broker-Dealer services in Dubai. The approval extends ARP Digital’s multi-jurisdictional regulatory framework into the UAE, the region’s largest digital asset market by transaction volume. The UAE has […]
