The certification came only days before Bybit suffered the world's largest cryptocurrency breach last week.Bybit, a cryptocurrency exchange, has gained in-principle clearance to launch a virtual asset platform in the UAE.In a blog!-->!-->!-->!-->!-->… Read More...
The United States is preparing for a possible change in cryptocurrency regulation as Donald Trump takes office on January 20.The focus is now on leaders in digital finance throughout the world. The United Arab Emirates (UAE) is a!-->!-->!-->… Read More...
The issuance of a stablecoin anchored to the dirham (AED) has recently received in-principle sanction from the Central Bank of the United Arab Emirates (CBUAE).This decision is a substantial advancement in the United Arab Emirates'!-->!-->!-->… Read More...
Standard Chartered, a significant presence in the financial services sector, has obtained regulatory sanction to introduce a new digital asset custody service in the United Arab Emirates.One of the reasons why the United Arab Emirates!-->!-->!-->… Read More...
Using the mBridge network, the United Arab Emirates and China sent $13.6 million (50 million dirhams) in Renminbi, the first ever cross-border transaction of its kind.It was the first ever cross-border central bank digital currency!-->!-->!-->… Read More...
A new section of the UAE's anti-money laundering regulations targets digital assets. The Financial Services Regulatory Authority revised this section.The UAE has revised its sanctions and anti-money laundering (AML) regulations to!-->!-->!-->… Read More...
Regarding the cryptocurrency industry, there are many who feel that it has already irreversibly altered the world and that its future is related to the future of banking.The UAE's state minister for AI, digital economy, and remote-work!-->!-->!-->… Read More...
The number of cryptocurrency exchanges licenced to operate in the UAE continues to grow, with Kraken being the newest addition.The venerable US exchange is the latest to get an Abu Dhabi licence to operate as a virtual asset trading!-->!-->!-->… Read More...
YallaMarket, an emirate-based grocery delivery service, said on Wednesday that it would now accept cryptocurrency payments for client orders.The United Arab Emirates (UAE) has been a leader in the adoption of bitcoin and the metaverse.!-->!-->!-->… Read More...