Paxos secures in principle approval from Abu Dhabi ADGM for stablecoins, crypto brokerage and custody

Paxos secures in principle approval from Abu Dhabi ADGM for stablecoins, crypto brokerage and custody

Paxos,, a regulated blockchain & tokenization infrastructure platform has secured the in-principle approvals (IPAs) of the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi... Details
UAE based Aurus joins forces with Authic Labs introducing the first Gold-Backed NFTs

UAE based Aurus joins forces with Authic Labs introducing the first Gold-Backed NFTs

UAE based Aurus, pioneers in the tokenization of precious metals, and Authic Labs, a leader in Web3 customer loyalty solutions, have partnered to utilize blockchain... Details
Qatar Genesis Technologies joins QFC digital assets Lab to work on Blockchain use cases

Genesis Technologies joins QFC digital assets Lab for Blockchain use cases

Henk Jan Hoogendoorn has confirmed that Qatar Genesis Technologies, a Qatar University tech spinoff is working with Qatar Financial Center Authority on possible use cases... Details
Is R3 Corda financial platform coming to Kuwait soon?

Is R3 Corda DLT platform coming to Kuwait soon?

As many know the R3 team developed Corda the first native private, permissioned DLT platform that is not only secure and regulatory-compliant by design, but... Details
Taurus in Qatar is offering digital asset, crypto and tokenized securities solutions

Taurus opens UAE based Middle East office as more financial and non-financial entities sign up for digital asset and custodial services

Taurus SA, a FINMA-regulated Swiss institutional-grade digital asset infrastructure provider, has expanded its operations into the Middle East to serve its growing client base in... Details
Swiss digital asset custodian and manager enters UAE with acquisition of Securrency Capital

Swiss digital asset custodian and manager enters UAE with acquisition of Securrency Capital

Swiss based Copper, an institutional digital asset infrastructure provider focusing on custody and collateral management, has acquired  Abu Dhabi based Securrency Capital Limited, a full-service,... Details
$100 million digital asset venture Investment Company launched by Standard Chartered and SBI holdings in UAE

Standard Chartered and SBI to launch $100 million digital asset venture company in UAE

Standard Chartered’s , venture arm SC Ventures, an innovation and fintech investment arm has partnered with Japanese SBI Holdings to establish a Digital Asset Joint... Details
Latham Watkins advisors for UAE ADGM on the DLT Foundations regulations

Latham Watkins advisors for UAE’s ADGM DLT Foundations regulations

Latham Watkins announced that it advised UAE’s Abu Dhabi Global Market (ADGM), financial free zone in the Distributed Ledger Technology (DLT) Foundations regulations, which aims... Details
UAE Gold tokenization pioneers applaud HSBC gold tokenization initiative furthering growth

UAE Gold tokenization pioneers applaud HSBC gold tokenization initiative furthering growth

Recently HSBC announced that it would be tokenizing physical gold using Blockchain technology. The tokenized gold stored in HSBC London Bank vaults, will offer tokens... Details
Abu Dhabi Securities Exchange utilizes HSBC Blockchain to develop digital securities

UAE ADX Exchange utilizes HSBC Blockchain for digital securities

UAE ADX (Abu Dhabi Securities Exchange)and HSBC Bank Middle East Limited have announced that they will develop digital fixed income securities leveraging the investment product... Details