Founder of Telegram gets arrested while TONcoin gets price hit
The Founder of Telegram Pavel Durov has been arrested in France under charges executed under a French Warrant and has been detained by the National...
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Digital assets platform, Zumo joins UAE sustainable Finance declaration
Zumo, a blockchain enabled digital asset as a service platform, aimed to offer sustainable finance to fintechs, banks, asset managers, has signed the Abu Dhabi...
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Africa’s stablecoin on and off ramp platform Yellow Card to utilize Fireblocks for cross border transactions
Yellow Card, Africa's stablecoin on/off ramp, has integrated with digital asset infrastructure provider Fireblocks to improve cross-border transactions for both businesses and individuals. By utilizing...
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Liminal Custody on WazirX attack, they were using our self custodial wallets
Weeks after WazirX, a cryptocurrency exchange was targeted by a cyber attack resulting in the theft of digital assets exceeding $230 million from one of...
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UAE RAK Bank and Bitpanda to offer digital asset services
The National Bank of Ras Al Khaimah (“RAKBANK”), a UAE bank partners with Bitpanda Technology Solutions, a leading digital assets infrastructure provider, to provide a...
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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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