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...
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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...
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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...
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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...
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Crypto.com acquires Abu Dhabi based brokerage company
Crypto.com has acquired Orion Principals Limited, a brokerage company licensed by the Abu Dhabi Global Market (ADGM) in the UAE. As per the press release,...
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Central Bank of Iran announces regulation for crypto exchanges and custodians
Iran’s Minister of Economic Affairs and Finance Abdolnaser Hemmati has announced at an event on digital currencies in Tehran that the government intends to regulate...
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After takeover by Scintilla, registered crypto exchange TOKO rebrands in Dubai
Scintilla, a platform delivering onchain solutions has bought out TOKO FZE registered and licensed out of Dubai UAE by VARA ( Virtual assets regulatory authority)...
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Moroccan authorities make arrests for crypto fraud operation
Moroccan authorities have arrested five individuals in connection with an alleged cryptocurrency fraud operation. The suspects, aged between 24 and 48, were detained earlier this...
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UK National Crime Agency disrupts multi billion dollar laundering network
The United Kingdom’s National Crime Agency (NCA) disrupted a multi-billion dollar money laundering network, which provided services to a wide range of illicit actors, including...
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Crypto.com and MasterCard partner to issue cards in Bahrain
Crypto.com which recently secured a crypto payment service provider license in Bahrain has now partnered with Mastercard to directly issue cards on Mastercard's network. It...
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