UAE and Sweden Dismantle $7M Crypto Gang Tied to Contract Hits
The joint operation resulted in the arrest of seven individuals: the leader of the Sweden-based laundering ring in the UAE and six others in the gang in Sweden. The organization…
Auto Added by WPeMatico
The joint operation resulted in the arrest of seven individuals: the leader of the Sweden-based laundering ring in the UAE and six others in the gang in Sweden. The organization…
Crypto transaction volume across the Middle East and North Africa has surged from about $100 billion in 2022 to an estimated $350 billion in 2025–2026. The growth is increasingly tied…
Police in the United Arab Emirates detained two Binance employees at airports and questioned a third, as part of a fraud inquiry into funds moving through the exchange. All three…
Deribit, the derivatives exchange Coinbase acquired for $2.9 billion, secured a Broker-Dealer Licence from Dubai’s Virtual Assets Regulatory Authority (VARA) last week, routing its spot orders directly into Coinbase’s liquidity.…
Two of Abu Dhabi’s biggest sovereign investment vehicles sat through a roughly $118 million hit to their Blackrock spot bitcoin exchange-traded fund (ETF) positions in the second quarter and did…
Dubai Duty Free has introduced Crypto.com Pay as a regulated digital payment option for eligible UAE residents, allowing customers to use their Crypto.com accounts at airport stores and online. The…
Abu Dhabi has built one of the world’s clearest paths for crypto and blockchain companies to set up shop, and sovereign money is following close behind. Regulators Write the Rulebook…
Emirates has launched Crypto.com Pay on its website and mobile app, giving eligible UAE residents a new way to pay for flights priced and settled in Emirati dirhams. The rollout…
Emirates NBD has gone live on the blockchain-based Partior network, becoming the first financial institution in the region to offer blockchain-enabled cross-border U.S. dollar payments. Instant Settlement via JPMorgan Dubai-based…
United Arab Emirates tech enterprise Siada and Innovation City have launched the region’s first operational sovereign AI data center in Ras Al Khaimah. Bypassing Global Chip Shortages In a bid…