White House Crypto Czar Meets UAE Leader to Discuss Crypto and Investment Opportunities

March 25, 2025 Bitcoin.com

bitcoin.com

White House crypto czar David Sacks met UAE leadership to discuss digital currency’s disruptive impact, signaling potential global policy shifts and deepening strategic financial alliances. White House Crypto Czar Meets UAE Official in a Move That Could Trigger Policy Chain Reactions White House crypto czar David Sacks met with Sheikh Tahnoon Bin Zayed Al Nahyan […]

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UAE Leads World in Crypto Obsession, Study Finds

March 23, 2025 Bitcoin.com

bitcoin.com

A study by Atmos ranks the UAE as the world’s most crypto-obsessed country due mostly to its high crypto ownership and adoption rates. UAE Has Highest Crypto Ownership Rate Globally According to a study by Atmos, the United Arab Emirates (UAE) is the world’s most crypto-obsessed country, with a score of 98.4. The Middle Eastern […]

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DFSA Promotes Tokenization With New Regulatory Initiative

March 20, 2025 Bitcoin.com

bitcoin.com

The Dubai Financial Services Authority has launched the tokenization regulatory sandbox to support firms developing tokenized investment products within the Dubai International Financial Centre. Crypto Tokens Excluded The Dubai Financial Services Authority (DFSA) has announced the launch of its Tokenisation Regulatory Sandbox, a new initiative designed to support firms exploring tokenized investment products and services […]

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Crypto.com Expands UAE Footprint With License to Offer Derivatives

March 14, 2025 Bitcoin.com

bitcoin.com

Crypto.com has received a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivative products such as futures and perpetual swaps, marking a major step forward in its global expansion strategy. Dubai’s VARA Grants Crypto.com Approval to Launch Derivatives Products Crypto.com has secured a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA), […]

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Binance Secures Historic $2 Billion Crypto Investment From Abu Dhabi’s MGX

March 12, 2025 Bitcoin.com

Binance

Abu Dhabi-based MGX has invested $2 billion in Binance, marking the largest institutional investment ever in a crypto company and the largest ever paid in stablecoins. The deal cements Binance’s dominance and signals growing institutional faith in blockchain’s future. MGX Enters Crypto with Record-Breaking $2 Billion Stake in Binance Binance, the world’s largest crypto exchange […]

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Hubpay, Aquanow Launch Regulated Crypto Payments in UAE

March 1, 2025 Bitcoin.com

bitcoin.com

Hubpay, a United Arab Emirates-based cross-border payments platform, has partnered with Aquanow, a digital asset infrastructure provider, to launch a regulated cryptocurrency payments facility for businesses in the Middle East country. Collaboration Bolsters UAE’s Digital Asset Hub Ambition Hubpay, a United Arab Emirates (UAE)-based cross-border payments platform, has partnered with digital asset infrastructure provider Aquanow […]

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Investor Alert: Dubai Regulator VARA Flags Unlicensed MKAN Coin Platform

February 25, 2025 Bitcoin.com

bitcoin.com

The Virtual Assets Regulatory Authority (VARA) has issued an alert regarding MKAN Coin DMCC, which advertised virtual asset activities in the United Arab Emirates (UAE) without the necessary regulatory approval. VARA has instructed the company to cease all unlicensed operations and imposed a fine. The regulator said MKAN Coin’s activities expose users to significant financial […]

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Stablecoin Payments at POS Terminals Coming to UAE via AFS, Ternoa

February 25, 2025 Bitcoin.com

bitcoin.com

Arab Financial Services, a Middle East and Africa digital payments provider, has partnered with Ternoa to introduce cryptocurrency payments in the United Arab Emirates. Stablecoin Payments at POS Terminals Arab Financial Services (AFS), a digital payment solutions provider focused on the Middle East and Africa, announced on Feb. 24 that it had partnered with Ternoa […]

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USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins

February 24, 2025 Bitcoin.com

bitcoin.com

Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins. USDC […]

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The Dark Side of Memecoins: Dubai Regulator Warns of Market Manipulation and Scam Projects

February 16, 2025 Bitcoin.com

bitcoin.com

Dubai’s Virtual Asset Regulatory Authority (VARA) has issued a warning to investors and consumers about the risks of memecoins, which are highly speculative and volatile assets often subject to market manipulation. Memecoin Issuers Face VARA Scrutiny Dubai’s VARA has warned investors and consumers to be wary of advertisements promoting memecoins. In an alert issued Feb. […]

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