TON and XRP tokens join Bitcoin, Ethereum and Litecoin in DIFC recognized crypto regime

TON and XRP tokens join Bitcoin, Ethereum and Litecoin in DIFC recognized crypto regime

Two new crypto tokens TonCoin (TON), and Ripple’s XRP have joined Bitcoin (BTC), Ethereum, and Litecoin as recognized crypto tokens by the Dubai Financial Services... Details
Dubai virtual asset regulator to offer 15 crypto licenses by end of the year with DeFi,gamefi, and crypto derivatives regulation

VARA to license 15 entities by end of 2023, and launch DeFi regulations, Gamefi, and crypto derivatives

In a recent LinkedIn post, Soham Panchamiya, Associate for tech companies and regulatory disputes at Reed Smith, one of the leading global law firms with... Details
48 Percent of UAE crypto users lack trust in crypto exchanges

48 Percent of UAE crypto users lack trust in crypto exchanges

According to the recent Kucoin Survey report The Cryptoverse,Understanding Crypto Users in the UAE, which revealed insights into the UAE’s role as a crypto hub,... Details
BackPack Crypto XNFT wallet receives full license for crypto exchange in UAE

BackPack XNFT wallet receives regulated crypto exchange license in UAE

BackPack Web3 non custodial XNFT wallet has received a full license by Dubai Virtual asset regulatory authority allowing it to run a regulated crypto exchange... Details
Blockchain tech settlement provider WadzPay receives initial regulatory approval in UAE

Blockchain settlement entity WadzPay receives initial regulatory approval in UAE

WadzPay has been granted "Initial Approval" by Dubai’s Virtual Assets Regulatory Authority (VARA), marking a pivotal step in Wad pay’s journey towards obtaining a Virtual... Details
Zero two and Marathon Digital inaugurate 200 MW bitcoin mining facility at Masdar UAE

Marathon Digital and Zero Two inaugurate 200 MW bitcoin mining facility in UAE

Zero Two, and Marathon Digital Holdings, Joint entity based out of ADGM Abu Dhabi for crypto mining has inaugurated  the state of the art 200... Details
UAE well-known Blockchain crypto entrepreneur and investor Saeed Al Darmaki joins BoCG ventures

UAE well-known Blockchain crypto entrepreneur and investor Saeed Al Darmaki joins BoCG ventures

Saeed Al Darkmaki, a UAE national well known in the crypto, blockchain and DeFi circles as an entrepreneur and investor has joined BoCG, a Venture... Details
3000 Bahrain retailers offer crypto payments with Binance Pay from Binance

3,000 Bahrain retailers now offer crypto payments with Binance Pay

Binance Pay has announced that it is now offering its cryptocurrency transaction platform with over 3,000 Bahrain retailers. Binance pay is working with online as... Details
More than 50% of GCC and MENA employee cryptocurrency withdrawal from salaries in Ethereum

More than 50% of GCC and MENA employee cryptocurrency withdrawal from salaries in Ethereum

In a recent survey carried out by Deel, a global HR platform within the GCC and MENA region, the findings found that 51% of employees... Details
21shares announces approval of Saudi Shariah scholars for its Bitcoin ETP

21shares announces approval of Saudi Shariah scholars for its Bitcoin ETP

21Shares, issuer of digital asset ETPs, continues its international expansion with Shariah approval of its 21Shares Bitcoin ETP (ABTC) and 21Shares BOLD ETP (BOLD) from... Details