Versifi and OTC crypto trading and lending firm receives initial approval from ADGM in UAE

Versifi an OTC crypto trading and lending firm receives initial approval from ADGM in UAE

VersiFi, a crypto and digital asset trading and lending firm, has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM in... Details
Xchain crypto forensic monitor rolls out its services across MENA

Xchain crypto forensic monitor rolls out its services across MENA

Global digital assets/crypto risk monitoring provider XChain, which has been working with Dubai's VARA since 2022 as its exclusive forensic transaction monitoring partner, is rolling... Details
UAE Mbank now offering the first AED stablecoin

UAE Mbank now offering the first AED stablecoin

Mbank has announced that it is the first bank to be offering the AE Coin licensed stablecoin. It has become the first bank to make... Details
Tether receives approval for USDT in UAE

Tether receives approval for USDT in UAE

Tether, the largest company in the digital assets industry, has announced the acceptance of USD₮ by the Financial Services Regulatory Authority (“FSRA”) as an Accepted... Details
Crypto.com presents Bahrain's Crown Prince and Prime Minister with new crypto Mastercard prototype

Crypto.com presents Bahrain’s Crown Prince and Prime Minister with new crypto Mastercard prototype

Bahrain's Crown Prince and Prime Minister, His Royal Highness Prince Salman bin Hamad Al Khalifa, has met with the President and Chief Operating Officer of... Details
Zodia markets crypto broker receives UAE license

Zodia markets crypto broker receives UAE license

Zodia Markets, a crypto and digital asset brokerage, has been granted a Financial Services Permission (FSP) by the Financial Services Regulatory Authority (FSRA) of ADGM.... Details
Zand Bank officially a licensed crypto custodian in UAE

Zand Bank now a licensed crypto custodian in UAE

UAE based Zand Bank, an AI powered digital bank, has received a full VASP license from Dubai's virtual assets regulatory authority (VARA) allowing it to... Details
First Abu Dhabi Bank to use RWA tokens as collateral for stablecoin lending

First Abu Dhabi Bank to use RWA tokens as collateral for stablecoin lending

First Abu Dhabi Bank (FAB), a leading UAE bank with asset of $335 billion, has partnered with UAE based Libre Capital to offer digital tokens... Details
UAE gets its first AED stablecoin approved

UAE gets its first AED stablecoin approved

The first AED (UAE Dirham) stablecoin has been approved by the Central Bank of the UAE and is set to launch soon according to AE... Details
USDC stablecoin issuer has set up office in Abu Dhabi ADGM

USDC stablecoin issuer has set up office in Abu Dhabi ADGM

Circle Internet Group, Inc., a global digital financial technology firm, and the issuer of the USDC stablecoin has incorporates its entity in the ADGM, as... Details