UAE

Binance employees detained in UAE over bank account link

Two Binance employees were detained at UAE airports this summer; one was held overnight in a Sharjah police stationThe detentions echo 2023, when an...

Dems Demand Hearings On Trump UAE Crypto Deal

U.S. Senate Democrats are demanding hearings into a $500 million deal between the Trump family's World Liberty Financial crypto platform and Abu Dhabi royalty.The...

UAE Banks Stable Despite Regional Conflict Spike

The UAE central bank asserts financial stability following regional missile attacks, highlighting strong banking sector metrics.Crypto exchanges like Bybit and Bitget have activated emergency...

Billiton, Ctrl Alt Tokenize $280M Diamonds via XRPL in UAE

Billiton Diamond and Ctrl Alt have tokenized over $280 million in polished diamonds in the UAE, utilizing Ripple's custody and the XRP Ledger.The project,...

UAE Invested $500M in Trump-Linked Crypto Firm Before Deal

A UAE-linked entity agreed to buy a 49% stake in World Liberty Financial, a Trump-linked crypto firm, for $500 million just days before Donald...

Musk Hints at Tesla FSD Launch in UAE; TSLA Hits All-Time High

Tesla plans to launch its Full Self-Driving (FSD) technology in the United Arab Emirates (UAE) as early as next month, pending final preparations.Delaware's Supreme...

UAE Executes First Live Government Transaction Using Digital Dirham

The UAE conducted its first live government financial transaction using the digital dirham via the mBridge platform.The transaction was part of the pilot phase...

Microsoft to Ship 60,000 Nvidia AI Chips to UAE in $15B Deal

Microsoft will send 60,000 NVIDIA AI chips to the United Arab Emirates following U.S. Commerce Department approval.The GPUs will support AI models from OpenAI,...

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Nvidia’s AI Ecosystem Support Key to Upside, BMO Says

NVIDIA is expanding beyond GPU sales into AI infrastructure investments and partnerships.BMO Capital initiated coverage with a $340 price...

Binance employees detained in UAE over bank account link

Two Binance employees were detained at UAE airports this summer; one was held overnight in a Sharjah police stationThe...

Bitcoin jumps 23% near $79k after Treasury doubles buybacks

Bitcoin surged above $79,000 after the US Treasury announced it would double certain long-dated bond buybacks, a move analysts...