The UAE Crypto and Blockchain ecosystem employs 7000 people and DeFi is the next growth segment!
UAE Crypto Oasis ecosystem published its first annual report entitled the “Crypto Ecosystem in the UAE” with the collaboration of Roland Berger. The report highlighted the growth...
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UAE ranked 4th globally as most favourable crypto economy in Q3 2022
In a recent report published by CoinCub, the UAE ranked 4th in the third quarter of 2022 as the most favourable crypto economy globally. Germany ranked 1st place, followed by...
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VC firm Brinc offers crypto and Blockchain entities in UAE’s DMCC access to $150 million fund
Global VC firm Brinc has offered crypto entities residing in UAE’s DMCC ( Dubai Multi Commodities Centre) Crypto centre access to a $150 million accelerator...
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UAE Mubadala Capital takes first step in crypto blockchain direction and sponsors Token 2049 in London
UAE Mubadala Capital, a wholly owned subsidiary of Abu Dhabi sovereign fund Mubadala, is sponsoring for the first time a crypto event in the United...
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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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