UAE Denies Toncoin Golden Visa Scheme
The United Arab Emirates (UAE) has refuted viral claims that staking $100,000 worth of Toncoin (TON) could grant investors a 10-year golden visa. The Federal Authority for Identity, Citizenship, Customs…
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MGX Invests $2B in Binance in Historic Crypto Funding Deal
MGX has invested $2 billion in Binance, potentially marking one of the biggest funding deals in the industry’s history. This initiative represents the Abu Dhabi-based investment firm’s first entry into…
Ripple Sees UAE Driving Global Crypto Adoption – 2025 Looks Huge
Ripple says the UAE is spearheading global crypto adoption, with innovative regulations and stablecoin growth positioning the region as a hub for digital assets in 2025. Ripple Champions UAE’s Crypto…
UAE Deepens Economic Ties With China and India Through BRICS Collaboration
The UAE’s growing economic influence and deeper global ties are driven by its BRICS membership, strengthening connections with China and India and boosting international collaboration. UAE’s Economy Gains Momentum Through…
UAE Interior Ministry and FSRA Partner to Combat Virtual Assets-Related Crime
The United Arab Emirates’ Interior Ministry has signed a memorandum of understanding with the Financial Services Regulatory Authority to combat virtual assets-related crime. Strengthening Risk Mitigation Frameworks The United Arab…
UAE and Saudi Arabia Deepen Ties With Russia Amid Global Shifts
The United Arab Emirates (UAE) and Saudi Arabia are bolstering strategic ties with Russia, with the UAE seeking a partnership and Saudi Arabia enhancing diplomatic collaboration for regional stability. UAE…
Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade
Brazil pushes for a shift away from the U.S. dollar within the BRICS alliance, advocating for more use of national currencies in trade among member countries. As the group expands,…
AED Stablecoin Gets Green Light From UAE Central Bank
AED Stablecoin LLC has received approval from the Central Bank of the United Arab Emirates (UAE) to launch its stablecoin, AE Coin. This makes AED Stablecoin the first entity in…
BRICS Nations Set for 4.4% Growth in 2024-2025, Outpacing G7 Economies
Russian Finance Minister Anton Siluanov has emphasized the rising influence of BRICS nations during a recent event, noting their projected economic growth of 4.4% in 2024-2025, compared to 1.7% for…
UAE Introduces Retroactive VAT Exemptions for Crypto Transactions
The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space. Under the new rules, businesses dealing with cryptocurrencies…
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