UAE ADGM grants Klickl a digital asset dealer and custodian preliminary license

UAE ADGM grants Klickl a digital asset dealer and custodian preliminary license

UAE ADGM (Abu Dhabi Global Market) has granted Klickl, a virtual asset service provider with offices in Hong Kong and Abu Dhabi, an in principle... Details
WadzPay teams up with DIFC Fintech Hive to offer blockchain payment features in the Metaverse

WadzPay teams up with DIFC Fintech Hive to offer blockchain payment features in the Metaverse

WadzPay, blockchain payments provider operating in the UAE, has teamed up with DIFC (Dubai International Financial Centre) Fintech Hive and Emirates NBD accelerator program, to offer... Details
UAE start-up purifies indoor air using blockchain and bio-tech

UAE start-up purifies indoor air using blockchain and bio-tech

UAE based start-up Urbie, is purifying indoor air using blockchain, bio-tech, and crypto. Inspired by NASA, Urbie leverages plant evolution and technology to absorb and... Details
Oman Oil service Entity to utilize blockchain for sustainable energy production

Oman Oil service Entity to utilize blockchain for sustainable energy production

Oman Al Shawamikh Oil Services Company will cooperate with Oman Frontech, a government entity established by both Omantel and Ethcha (Oman Investment Authority) to implement Blockchain... Details
UAE telecom regulatory authority says more than 10 percent of UAE residents own crypto

UAE telecom regulatory authority says more than 10 percent of UAE residents own crypto

UAE Telecommunication and Digital Government Regulatory Authority has released is Digital Lifestyle 2022 report where it confirms that more than 10 percent of UAE residents... Details
Oman Corporation trials stablecoin pegged to Oman Riyal

Oman Corporation trials stablecoin pegged to Oman Riyal

The Oman Water and Waste Water Services Company ( OWWSC), member of Nama Group, to trial a stablecoin linked to the Oman Riyal. The company signed an... Details
New rules govern how virtual assets are marketed in Dubai

New rules govern how virtual assets are marketed in Dubai

Dubai’s Virtual Asset Regulatory Authority (VARA), with the commencement of its Minimum Viable Product (MVP) Phase, has announced Regulatory Guidelines on Marketing, Advertising and Promotions of VA... Details
Abu Dhabi launches blockchain and virtual asset committee to grow ecosystem

Abu Dhabi launches blockchain and virtual asset committee to grow ecosystem

Abu Dhabi has launched the Abu Dhabi blockchain and virtual assets committee. The Abu Dhabi Blockchain and Virtual Assets Committee is comprised of representatives of major entities... Details
UAE French Bakery project raises more than 260,000 USD using Blockchain Security token platform

UAE French Bakery project raises more than 260,000 USD using Blockchain Security token platform

UAE based La Boulangerie, a French bakery whose goal is to bring quality standards that will revolutionize the food delivery industry, is raising capital for its venture... Details
Crypto ETP issuer sets up MENA base in UAE

Crypto ETP issuer sets up MENA base in UAE

21Shares, one of the largest issuers of cryptocurrency exchange traded products (ETPs), has expanded to the Middle East and hired Sherif El-Haddad, to Head the... Details