CoinMENA and Fuze partner with MasterCard to offer Crypto Credential solution in UAE

CoinMENA and Fuze partner with MasterCard to offer Crypto Credential solution in UAE

As the UAE and Kazakhstan now join North America, Europe, Latin America, and Asia Pacific with Mastercard's Crypto Credential solution, UAE regulated CoinMENA and Fuze... Details
UAE DAMAC properties investing $20 billion in US datacenters for AI and crypto

UAE DAMAC properties investing $20 billion in US datacenters for AI and crypto

UAE DAMAC Properties CEO, Hussain Sajwani, a close business partner of the Trump family will invest $20 billion in US datacenters used for AI (... Details
UAE M2 crypto exchange to offer crypto lending in 2025

UAE M2 crypto exchange to offer crypto lending in 2025

UAE licensed crypto exchange M2, has announced that it will be introducing new products and services including crypto lending in 2025. The press release noted... Details
UAE licensed Backpack Exchange acquires FTX EU

UAE licensed Backpack Exchange acquires FTX EU

UAE licensed Backpack Exchange, a global cryptocurrency exchange has acquired FTX EU, the MiFID II-licensed former European arm of FTX. In a Coindesk article, it... Details
UAE Zand bank signs up new collaboration

UAE Zand bank signs up new collaboration

UAE fully licensed digital bank Zand, has yet again signed up a new collaboration. This time it is with UAE Web3 financing platform Klickl. This... Details
UAE Phoenix Group expands its Bitcoin mining to USA

UAE Phoenix Group expands its Bitcoin mining to USA

UAE Phoenix Group PLC listed on the Abu Dhabi Securities Exchange (ADX: PHX), has launched its 50MW mining facility in North Dakota in the USA.... Details
Ehtiopia accounts for 2.5 percent of Bitcoin mining hashrate

Ethiopia accounts for 2.5 percent of Bitcoin mining hashrate

Ethiopia and its local Bitcoin mining operations now account for 2.5% of global hashrate. Bitcoin miner Kassa stated, “Bitcoin miners in Ethiopia now command 2.5%... Details
Syrian government is not exploring a bitcoin proposal

Syrian government is not exploring a bitcoin proposal

While some news outlet announced that the Syrian government was considering a bitcoin legislation, the Founder of Bitcoin21 Arabic noted that it was not the... Details
Dubai Islamic Bank and Crypto.com team up to tokenize Islamic Sukuks and offer crypto payments

Dubai Islamic Bank and Crypto.com team up to tokenize Islamic Sukuks and offer crypto payments

Global crypto exchange Crypto.com, regulated in the UAE has teamed up with Dubai Islamic Bank to explore opportunities to introduce tokenized Sharia compliant Islamic Sukuk,... Details
UAE and USA retail investors to increase investments in crypto in 2025

UAE and USA retail investors to increase investments in crypto in 2025

In an eToro survey, published December 24th, on UAE retail investors, it found that UAE retain investors plan to increase their cryptocurrency investments by 2025.... Details