UAE
News
China to Launch Flying Taxis by 2027, Exports to Russia, UAE Set
China has approved flight operations for two flying taxi manufacturers, GOVY and eVTOL, to develop small helicopters capable of flying between 100 and 300...
News
UAE Denies Issuing Golden Visas to Cryptocurrency Investors
The United Arab Emirates confirms that it does not grant golden visas to investors in digital currencies.Only specific categories, such as real estate investors,...
News
UAE Denies TON’s Golden Visa Offer for $100K Staked Toncoin
The Open Network (TON) announced a program offering 10-year UAE Golden Visas to applicants who stake $100,000 in Toncoin for three years and pay...
News
UAE Residents May Soon Pay Bills, Fines, and Salaries in Crypto
Cryptocurrency usage is growing in the UAE, with plans for residents to make a variety of payments in digital currencies.
Dubai will soon enable cryptocurrency...
News
MultiBank signs record $3B real estate tokenization deal with UAE’s MAG
MultiBank Group has partnered with MAG and Mavryk to execute a $3 billion real estate tokenization deal, the largest of its kind globally.The initiative...
News
UAE to Roll Out Digital Dirham CBDC in Q4, Aims to Enhance Financial Stability
UAE's Central Bank plans to launch retail Digital Dirham CBDC in Q4 2024 as legal tender.The blockchain-based CBDC will be distributed through financial institutions...
News
UAE Dirham Takes Spotlight as Sonic Labs Drops US Dollar Stablecoin
Sonic Labs has abandoned plans for a USD algorithmic stablecoin, pivoting to a UAE dirham-denominated alternative.The decision follows the UAE's announcement of a digital...
News
Bybit Secures Preliminary Approval for UAE Crypto Operations
Bybit advances toward full operational status in UAE despite recent security challenges.
The UAE's Securities and Commodities Authority has granted in-principle approval for virtual asset...
Latest news
Marex First to Use JPMorgan’s Kinexys Blockchain for Settlements
Marex became the first clearing firm to use JPMorgan's Kinexys blockchain platform for client settlements, working with Brevan Howard...
IREN Shares Jump 11% as July Bitcoin Production Tops MARA
IREN Ltd shares rose 11.4% after reporting $86 million in July revenue and strong Bitcoin mining results.The company mined...
S Token Launches on Coinbase, Sonic Unveils Summit and Updates
The S token is now available for trading on Coinbase and can be used on multiple platforms.Sonic Labs has...