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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…
The Central Bank of the UAE has granted a no-objection certificate to the dirham-backed stablecoin DDSC, allowing it to list on regulated exchange platforms. Federal Oversight and the Retail Transition…
HSBC has launched its tokenized deposit service in the United Arab Emirates, introducing the UAE dirham to its blockchain-based corporate cash management network. Regulatory Readiness Meets Market Demand HSBC Bank…
A Dubai regulator is replacing baseline compliance with rigorous, data-driven frameworks. Virtual asset service providers must now use quantitative business data for real-time risk scoring instead of static tracking. New…