Sygnum Digital asset bank receives license from UAE ADGM and opens its hub in Abu Dhabi

Sygnum Digital asset bank receives license from UAE ADGM and opens its hub in Abu Dhabi

Sygnum, a global digital asset bank, has opened its Middle East hub in the Abu Dhabi Global Market international financial center to provide a portfolio... Details
WadzPay Blockchain crypto entity no longer licensed in UAE

UAE based WadzPay blockchain payment provider launches its 2.0 version built on Algorand blockchain

UAE based WadzPay, an interoperable blockchain-based technology provider, has launched the WadzPay 2.0 which it believes will redefine the landscape of virtual asset-based transactions. WadzPay 2.0... Details
XRPAYNet to bring Crypto Fiat micro payments and Buy now pay later services to UAE

XRPAYNet to bring Crypto Fiat micro payments and Buy now pay later services to UAE

XRPayNet a blockchain XRP Ledger based crypto-fiat micropayments solution provider is gearing up to launch in the UAE. Already in the process of being regulated... Details
Bahrain Crypto trading platform partners with Open Banking platform for fiat crypto payments

Bahrain Crypto trading platform partners with Open Banking platform for fiat crypto payments

MENA Tarabut Gateway, an open banking platform has partnered with Bahrain’s crypto trading platform RAIN to bring faster, cost effective fiat to crypto transactions to... Details
UAE Al Nawwar Investments to purchase Sequoia Capital for $45 million from Alameda Research

UAE Al Nawwar Investments to purchase Sequoia Capital for $45 million from Alameda Research

Al Nawwar Investments RSC a Private Limited Company established in 2018 in Abu Dhabi, UAE, will be purchasing the remaining interest of Alameda research in... Details
Exclusive Interview with CEO of Dubai’s Virtual asset regulator on the leading role VARA will play in global regulations

Exclusive Interview with CEO of Dubai’s Virtual asset regulator on the leading role VARA will play in global regulations

In March 2022 Dubai announced the launch of the world’s first virtual asset regulatory authority. The authority would be set up to grant blockchain and... Details
UK Nexo crypto lender to hire a150 workforce in UAE as it expands its MENA presence

UK Nexo crypto lender to hire a150 workforce in UAE as it expands its MENA presence

In a recent article published by Arabian Gulf Business Insight, Nexo Co-Founder and MD Antoni Trenchev announced that the UK entity would be opening its offices in... Details
Binance invests more than $2 million to educate and mentor women on crypto and Web3

Binance invests more than $2 million to educate and mentor women on crypto and Web3

As part of Women’s Day, Binance cryptocurrency exchange, is investing more than $2 million in more than 10 countries globally to educate them and mentor... Details
UAE nealthy NFT and crypto investment platform raises $1.3 million in pre seed round

UAE nealthy NFT and crypto investment platform raises $1.3 million in pre seed round

UAE based nealthy, a Web3 startup for investing in NFTs and cryptocurrency, has raised $1.3 million in pre-seed funding. Nealthy will use these funds to... Details
FLUUS crypto payment startup founded by MENA crypto enthusiasts raises $600,000

FLUUS crypto payment startup founded by MENA crypto enthusiasts raises $600,000

Crypto payment startup FLUUS ( which means money in Arabic) founded by MENA crypto enthusiasts has raised $600,000 ahead of its beta launch. FHS Capital,... Details