Central Bank of Bahrain grants crypto trading license to Fasset
The Central Bank of Bahrain (CBB) has granted a Category 3 license to Fasset Financial Services, a Crypto Asset Service Provider, to operate in Bahrain,...
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UAE DP World to issue stablecoin for cross border payments
DP World, a global player in the logistics and trade ecosystem, is partnering with financial and technology providers to address inefficiencies in cross-border payments with...
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AIFT creators of UAE OneInfinity Web3 insurer receive additional investments and new board members
AIFT, and Dubai Insurance, the creators of OneInfinity, the first regulated Web3 and digital asset insurance entity in UAE and Middle East, has received further...
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Kingdom Holdings will invest in crypto only in one case
In an interview on the sidelines of the World Economic Forum, the CEO of Kingdom Holding Company (KHC), led by Saudi Prince Alwaleed Bin Talal,...
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DKK Digital receives preliminary approval from VARA in UAE
DKK Digital FZE, based in the Dubai World Trade Centre, as a subsidiary of DKK, has secured an in-principle approval from the Dubai Virtual Assets...
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UAE Phoenix Group joins crypto miners in Ethiopia
UAE based Phoenix Group PLC (ADX:PHX), has expanded its operations into the burgeoning African market with the acquisition of an 80-megawatt (MW) power purchase agreement...
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Unregulated UAE based Cryptocurrency Financial services admits to fraud
UAE based but unregulated, Cryptocurrency financial services firm CLS Global, has pleaded guilty to charges stemming from a U.S. undercover operation targeting fraud in the...
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Morocco’s Central Bank forms the Morocco Fintech Center
The Central Bank of Morocco, better known as Bank Al Maghrib has formed the Morocco Fintech Center (MFC). It includes governmental entities, private sector entities...
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UAE regulated stablecoin, AEcoin sponsors Qatar UAE SuperCup
UAE's first regulated stablecoin by the Central Bank of UAE, AEcoin has announced the sponsorship of the Qatar UAE SuperCup. The Qatar-UAE Super Cup football...
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Komainu licensed in the UAE, raises $75 million in Bitcoin from Blockstream
UAE regulated digital asset service provider and custodian, Komainu, licensed by VARA Dubai, and backed by Laser Digital, a Nomura company, has raised $75 million...
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