BlackRock sets up in Abu Dhabi UAE as it plans regulatory approval from ADGM
The global fund manager BlackRock, which has a Bitcoin ETF, known as IBIT where in just 211 days since its launch has amassed $40 billion...
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Greengage to promote green digital assets sector with e-money solutions
Hub71 startup, Greengage, a blockchain enabled digital finance pioneer serving entrepreneurs, SMEs, family offices and digital asset firms with e-money solutions and B2B lending, has...
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Tether facilitates $45 million crude Middle East oil transaction
Tether, issuer of stablecoin USDT, through its Investment division has financed a physical crude oil transaction, in the Middle East, between a publicly traded super-major...
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Ethiopia signs with 25 bitcoin mining companies
Ethiopia Electric Power (EEP), a state-owned utility, has signed power purchase agreements with 25 bitcoin mining companies. These bitcoin companies are using Ethiopia's surplus renewable energy...
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Bahrain Singapore Gulf Bank to offer digital asset custody services
Operating under full regulatory approval from the Central Bank of Bahrain, Singapore Gulf Bank (SGB) has launched in Bahrain to offer comprehensive digital banking services...
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Tether to issue AED Stablecoin on TON blockchain
On the same day that Tether the issuer of the USDT stablecoin announced that USDT is now on TON Network on MobeeID, Alessandro Giori, Tether’s...
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UAE M2 crypto exchange resolves $13 million hack in 16 minutes
On October 31st, UAE crypto exchange M2, underwent a cybersecurity breach involving $13.7 million but was able to quickly address the incident within 16 minutes....
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Bahrain Beyon Money partners with Crypto.com for digital payments and AI
Bahrain based Beyon Monay, and Crypto.com have partnered to enhance transaction solutions and explore innovative opportunities in digital payments and AI. As per the press...
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UAE Commercial Bank International partners with Zumo digital assets as a service platform
UAE Commercial Bank International (CBI), a leading UAE bank, has partnered with Zumo, an award-winning digital-assets-as-a-service platform registered with the UK Financial Conduct Authority (FCA)...
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UAE Phoenix Group reports $35.9 million in revenues from crypto mining, a 7% quarter decline
UAE's multi-billion dollar tech conglomerate, Phoenix Group PLC, listed on the Abu Dhabi Securities Exchange (ADX: PHX) has announced its Q3 2024 results, reporting core...
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