Venom Blockchain gets ADGM license and becomes the first to build NFT marketplace and Fiat backed stablecoin
UAE ADGM ( Abu Dhabi Global Market) announced on LinkedIn that Venom Blockchain has become the first ADGM licensed crypto foundation to build a scalable blockchain platform....
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42 percent of UAE youth and middle aged residents have held crypto, stablecoins and NFTs
In Checkout.com’s third annual report on digital transformation in MENA for 2022, it found that e-commerce in the UAE had settled into a stable high growth era....
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Binance sees close to 50 percent growth in MENA users on its platform
Binance crypto exchange saw a 49 percent growth in the number of users from MENA region in 2022. As per the news this reflects the...
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MENA crypto users receive $566 billion worth of crypto in one year
As per a recent Chainalysis blog report, MENA based crypto users received $566 billion worth of cryptocurrency in one year from July 2021 to June 2022. As...
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Banks will become Dapps and 2022 is a crypto building year
The chairman of Belobaba, a crypto native hedge fund with a regulated security token, believes that Banks will become Dapps, and that this was the...
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UAE Bike and electric mobility retailer to offer crypto payment services with Binance
Binance Pay is once again being used in the UAE to buy products using cryptocurrencies. UAE based Bikeera, a retailer for bicycles, scooters, electric mobility...
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Crypto advocate Kevin O’Leary turned UAE national launches Web3.0 fund with lead investor from UAE
Kevin O’ Leary, nicknamed "Mr. Wonderful", a Canadian businessman, entrepreneur, and television personality and an advocate of cryptocurrency stated that he recently became a UAE citizen...
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Abu Dhabi’s virtual assets regulator First MENA regulator to allow NFT trading
UAE virtual asset regulator in Abu Dhabi, FSRA (Financial Services Regulatory Authority) of ADGM ( Abu Dhabi Global Market) has enhanced its capital markets framework, allowing...
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Abu Dhabi investment firm ADQ launches $200 million fund for Digital assets Fintech, and supplychain
Abu Dhabi’s ADQ and Further Ventures, an investment firm back by ADQ have launched a $200 million fund focused on Fintech, digital assets and supplychain....
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Arab Super Star Singers to hold the first ever concert in the metaverse
Moroccan Arab singer, dubbed “Al Mualem”, meaning the teacher, Saad LAMajarred and Arab Super star Ragheb Alama will be holding the first ever Arab joint...
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