MANAMA – Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced a strategic partnership with Bahrain Fintech Bay (BFB), the Kingdom’s leading fintech incubator and ecosystem builder, which partners with government bodies and others to further accelerate the development and adoption of blockchain and digital assets technology in Bahrain. The agreement will see […]
Strategic partnership between DMCC and VARA to develop infrastructure and framework for tokenised commodities, reinforcing Dubai’s position as a global digital asset hub. Collaboration to include pilot projects for the tokenisation of gold, diamonds and other commodities, alongside joint education initiatives to boost market awareness and investor protection Partnership will see cooperation on aggregated data […]
LONDON: The boom in US dollar-backed stablecoins, helped by Donald Trump’s crypto policies, could suck $1 trillion worth of deposits out of emerging economy banks in the next few years, a report from Standard Chartered estimates. About 99% of all stablecoins are pegged to the dollar, which economists say effectively makes them dollar-based bank accounts […]
Malaysia grants Fasset a provisional license to operate as a Shariah-compliant digital bank. Fasset to offer asset-backed savings, zero-interest accounts, and global payments on-chain. The $5T Islamic finance market could see broader crypto integration through this model. Fasset, a digital asset investment platform, has been given a provisional banking license in Malaysia, clearing the way […]
Binance and Franklin Templeton are collaborating to create innovative digital asset products that bridge traditional finance and blockchain. The partnership leverages Franklin Templeton’s expertise in compliant tokenization and Binance’s global trading infrastructure to enhance efficiency, transparency, and accessibility in capital markets. Strategic collaborations like this accelerate blockchain adoption, unlock new investment opportunities, and bring scalable, […]
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced a strategic collaboration with QNB Group and DMZ Finance. Together, the partners are introducing QCDT—the world’s first DFSA-approved (Dubai Financial Services Authority) tokenised money market fund (MMF)—into Bybit’s platform as a collateral asset, marking a breakthrough in bridging traditional finance and digital assets. Bybit […]
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced the signing of a Memorandum of Understanding (MOU) with the People’s Committee of Da Nang City, the Abu Dhabi Blockchain Center (ADBC), and Verichains Network Security Company Limited. This milestone underscores Bybit’s commitment to supporting Vietnam’s digital asset ecosystem and deepening long-term cooperation in building […]
UAE accounted for 71.7% of all trading volumes in MENA, reinforcing its position as a key hub in Capital.com’s global growth story. DUBAI, UNITED ARAB EMIRATES – High-growth global trading platform Capital.com today announced that its trading volumes surged to US$1.5 trillion in the first half of 2025, a 42.5% increase from US$1.06 trillion in the second half […]
This collaboration reflects the Central Bank of Bahrain’s forward-looking approach to regulate digital finance and reinforces the Kingdom’s role as a hub for financial innovation in the region. Manama, Bahrain: Binance Bahrain and Singapore Gulf Bank (SGB) have partnered to deliver direct USD transfers for retail customers, making it easier and faster to move money between […]
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 […]