Central Bank of Bahrain seeks to see how banks can offer stablecoins in the future

Central Bank of Bahrain studies how banks can offer stablecoins in the future

The Central Bank of Bahrain, while still piloting CBDCs, is moving forward with its stablecoin and crypto payments strategy and is currently studying the possibility... Details
Deribit crypto derivatives exchange receives full license from Dubai's virtual asset regulator

Deribit crypto derivatives exchange receives full license from Dubai’s virtual asset regulator

Deribit, a crypto derivatives exchange, will be launching its spot and derivatives trading in the UAE and migration of all activities towards Deribit’s Dubai-based entity,... Details
Moroccan Central Bank says crypto regulations in adoption phase

Moroccan Central Bank says crypto regulations in adoption phase

The Moroccan Central Bank’s governor Abdellatif Jouahri announced on November 26th that the digital asset/crypto regulation law has been prepared and is in the adoption... Details
Dubai Police and BitOasis partner to enhance security efforts

Dubai Police and BitOasis partner to enhance security efforts

The General Department of Criminal Investigation at Dubai Police has signed a Memorandum of Understanding (MoU) with BitOasis Technologies to strengthen cooperation, foster partnership ties,... Details
Crystal Intelligence signs MOU with Dubai Police to fight crypto crime

Dubai Police collaborates with Crystal Intelligence to identify crypto crimes in digital era

Crystal Intelligence an advanced blockchain analytics and on-the-ground intelligence firm empowering financial institutions, governments & regulators in the fight against cryptocurrency crime, has signed an... Details
Bahrain Gulf Bank to raise $50 million for stablecoin payment entity

Bahrain based Singapore Gulf Bank to raise $50 million for stablecoin payment entity

Singapore Gulf Bank, a subsidiary of Whampoa Group, with a license in Bahrain, is in talks with a Middle East sovereign wealth fund to raise... Details
Yellow Card receives crypto asset provider license in South Africa

Yellow Card receives crypto asset provider license in South Africa

As stablecoin adoption surges in Africa, with sub Saharan Africa having the highest adoption rate in the world at 9.2%, Yellow Card, Africa's leading stablecoin... Details
The FSRA's risk management guidance includes decentralized infrastructures

The FSRA’s risk management guidance includes decentralized infrastructures

The Financial Services Regulatory Authority (FSRA) of ADGM has published its Information Technology (IT) Risk Management Guidance (Guidance), providing a comprehensive and holistic framework for... Details
Digital asset custodian, Zodia Custody interested in expanding to UAE and Qatar

Digital asset custodian, Zodia Custody interested in expanding to UAE and Qatar

Zodia Custody, backed by Standard Chartered Bank has shown interest in offering its services not only in the UAE but in Qatar as well. Recently,... Details
UAE M2 crypto exchange engages Haruko for treasury risk management

UAE M2 crypto exchange engages Haruko for treasury risk management

UAE homegrown M2, cryptocurrency exchange and custodian has engaged Haruko, an institutional-grade infrastructure solution created for companies deploying capital across the digital asset ecosystem to... Details