MultiBank receives crypto exchange license from Dubai’s regulator
MultiBank Group, a financial traditional derivatives institution worldwide headquartered in Dubai, has received a full VASP license for broker and exchange services from VARA (Virtual...
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Wio Securities in UAE to offer virtual assets as investment options in partnership with Fuze
Wio Securities a digital investment platform, with a presence in the UAE has announced that it is expanding its offerings on Wio Invest by introducing...
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Tether holdings of U.S. treasury bills surpasses that of UAE
Tether stablecoin on its 10th anniversary announced that it was one of the top 20 largest buyers of U.S. Treasury bills, surpassing the holdings of...
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The National Bank of Bahrain launches first Bitcoin Linked structured investment in GCC
The National Bank of Bahrain (NBB) has launched the GCC’s first Bitcoin-linked Structured Investment, in partnership with ARP Digital which provides crypto investment products and services such...
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Crystal Intelligence to provide UAE BitOasis crypto broker with AML and monitoring solutions
Crystal Intelligence, blockchain analytics, compliance, and risk monitoring firm has partnered with UAE crypto broker BitOasis to offer Crystal’s cutting-edge anti-money laundering (AML) and transaction...
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UAE Phoenix Group launches 20 Megawatt digital asset mining facility in Canada
Phoenix Group PLC (PHX), a leading multi-billion-dollar blockchain and crypto mining conglomerate listed on the Abu Dhabi Securities Exchange (ADX), has launched 20-megawatt mining facility...
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UAE Federal government exempts virtual assets and crypto from taxation
The UAE Federal Tax Authority (FTA) published on October 2nd 2024 the amended version of the Executive Regulation of Federal Decree Law No. 8 2017...
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Bitcoin mining firm, Mining Grid opens showroom in UAE
Mining Grid, a blockchain and Bitcoin mining solutions provider has announced the opening of its showroom in Al Quoz Dubai UAE, and its “Mining Race”....
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In MENA the Fastest growing crypto countries are Saudi Arabia and Qatar while biggest are Turkey and Morocco
Chainalysis shared an excerpt from its upcoming 2024 Geography of Cryptocurrency report covering the MENA region and noting that MENA is the seventh largest crypto...
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Bybit crypto exchange offers shariah compliant trading products
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the launch of its Islamic Account, offering Muslim traders a suite of shariah compliant...
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