UAE Dubai Court of First Instance recognizes crypto as a form of salary payment
In a recent article in Lexology, the UAE Dubai Court of First Instance has ruled in 2024 recognizing the payment of salaries in cryptocurrency under...
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UAE XRP oil sale deal is false and illegal in UAE
The recent story that the UAE and India carried out an oil deal using XRP token over CFT (Crypto trading Fund) ledger, is not only...
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UAE regulated crypto custodian Komainu chosen by Nasdaq
UAE regulated Komainu, diigtal asset custodian is now a Core Custodian for Nasdaq's suite of Crypto Indices. Nasdaq's Core Custodian requirements are designed to ensure...
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Tether invests $3 million in Kuwait’s Kem fintech startup
Tether Operations Limited, a company in the digital assets domain, and creator of USDT stablecoin has announced a $3 million strategic investment in Kuwait based...
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Crypto businesses in DMCC increase by 11% since start of 2024
As the UAE commodities free zone, DMCC announced its H1 2024 performance, it was obvious that the biggest growth sectors came from crypto and technology...
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England Institute of Chartered accountants and UAE Banks join forces for digital assets
The Institute of Chartered Accountants in England and Wales (ICAEW) joins forces with the UAE Banks Federation (UBF), to help companies navigate the changing digital...
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UAE QCP capital: investors sideline ETH and Bitcoin makes incredible recovery
UAEbased QCP Capital recently analyzed the price of Bitcoin stating that it has witnessed an unbelievable and swift recovery, comparing it with the increasing sideline...
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CoinMENA Crypto broker surpasses $2 billion in trading volume
In a recent announcement UAE and Bahrain regulated crypto broker CoinMENA announced that they have achieved a new milestone with crypto, fiat trading volumes surpassing...
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Azimut invests a total of $156 million in Alps Blockchain to expand operations in Oman and other markets
Azimut, an independent, global group in asset management, wealth management, investment banking and fintech, has successfully completed a new club deal to invest in Alps...
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UAE M2 now offers seamless AED to BTC and ETH conversions
M2 registered in ADGM, a virtual asset custodian and a Multilateral Trading Facility regulated by the Financial Services Regulatory Authority (FSRA) ADGM, has launched what...
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