Zodia Custody seeks acquisition of Tungsten crypto custodian

Zodia Custody seeks acquisition of Tungsten crypto custodian

Zodia Custody, the institution-first digital assets platform backed by Standard Chartered, Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD, is exploring the potential... Details
Circle receives preliminary regulatory approval in UAE

stablecoin issuer, Circle receives preliminary regulatory approval in UAE

Circle Internet Group, Inc., a stablecoin market leader and issuer of USDC stablecoin has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA)... Details
Daleel financial marketplace to integrate Binance Bahrain crypto products

Daleel financial marketplace to integrate Binance Bahrain crypto products

Daleel, a Middle East leading personalized financial marketplace will integrate and showcase cryptocurrency products from Binance Bharain. Through the Binance Link Program, Daleel will be... Details
Abu Dhabi ADI Blockchain to operate AED stablecoin for FAB Bank and ADQ

Abu Dhabi ADI Blockchain to operate AED stablecoin for FAB Bank and ADQ

The stablecoin race has started among the banking sector in the UAE, and the first AED stablecoin to be developed by an Abu Dhabi Blockchain... Details
Microsoft and Du to build $544.5 million data center in UAE

Microsoft and Du to build $544.5 million data center in UAE

The Emirates Integrated Telecommunications Company PJSC (du) will be investing in a $544.54 million hyperscale data center deal with Microsoft who will be its main... Details
UAE Fuze and Hex Trust partner for crypto custodian offerings to financial sector

UAE Fuze and Hex Trust partner for crypto custodian offerings to financial sector

UAE based Fuze, a digital assets infrastructure provider has partnered with crypto custodian Hex Trust, regulated in the UAE, to deliver institutional-grade digital asset custody... Details
Digital asset startups in Hub71 raise $100 million

Digital asset startups in Hub71 raise $100 million in 2024

Hub71, Abu Dhabi’s global tech ecosystem, in its 2024 Impact Report, noted that startups in the Digital Assets program raised more than $100 million. As... Details
Global Crypto Custodian Bitgo now licensed in UAE

Global Crypto Custodian Bitgo now licensed in UAE

BitGo, a global crypto custodian and crypto staking provider has received a license in the UAE through its Dubai subsidiary, BitGo Custody MENA FZE. BitGo... Details
UAE OKX crypto exchange launches $1.3 million reward campaign

UAE OKX crypto exchange launches $1.3 million reward campaign

OKX, the global crypto platform regulated in the UAE, has launched one of the biggest crypto trading campaigns that the UAE has ever seen. The... Details
Ruya, UAE's first digital Islamic Bank offers crypto trading services

Ruya, UAE’s first digital Islamic Bank offers crypto trading services

UAE based ruya (رويا), the country's first digital-first Islamic bank has partnered with UAE Fuze a digital asset infrastructure provider to offer its customers crypto services... Details