XBTO and Arab Bank in Switzerland launch Bitcoin yield product
UAE licensed XBTO, an institutional digital asset management, and Arab Bank Switzerland to launch a Bitcoin yield product for its wealth management clients. The collaboration...
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UAE Zodia Custody, digital assets are intrinsic in UAE’s government strategy
Dominic Longman is Managing Director of Middle East and Africa at Zodia Custody noted in a monthly interview on their website, that the UAE mood...
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Iranian government asks crypto exchanges to limit operating hours
After Iranian's largest cryptocurrency platform, Nobitex, was exploited, resulting in the loss of more than $90 million in assets spanning a range of cryptocurrencies, including...
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Jordan now allows crypto payments, trading and investments
Jordan has passed its virtual asset regulations which will become applicable within the next 90 days. The law covers what is considered as virtual assets,...
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Luxury Aviation Forte Aviation in UAE to accept stablecoin payments through Deus X Pay
Deus X Pay, a licensed institutional stablecoin payment solutions provider, has partnered with UAE based Forté Aviation Consultants, a leading provider of bespoke global private...
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OneDegree for digital asset insurance has insured 20 companies in UAE
Hong Kong virtual insurer OneDegree in a recent interview with South China Morning Post noted that the company which has a regulated presence in the...
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Bitget and UNICEF to bring blockchain to Moroccan youth
Bitget, cryptocurrency exchange, and UNICEF have partnered for a three year period to bring advanced digital skills and blockchain literacy to young people in eight...
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UAE SaturnX stablecoin infrastructure provider raises $3 million
UAE based SaturnX, the infrastructure provider for stablecoin-based cross-border payments, closes a $3 million seed round. The round was led by White Star Capital, with...
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Hash AI to launch UAE crypto mining site worth $2 million
Hash AI has begun constructing a $2 million large-scale cryptocurrency mining facility in the UAE. Announced on their X channel, the company noted that the...
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ADGM amends crypto regulations to attract more VASPs
The Financial Services Authority (FSRA) of ADGM has implemented amendments to its regulatory framework for digital assets. The implementation of these amendments follows extensive industry...
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