UAE

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...

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...

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...

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...

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...

UAE-based Web3 platform Klickl partners with Imkan Properties to enable cryptocurrency payments for real estate purchases. The collaboration will support Bitcoin, Ethereum, and stablecoin transactions...

UAE could integrate cryptocurrency for everyday transactions within two years. Discussions underway with Emirates Petroleum for crypto payments at fuel stations. Partnership with Mastercard and Dubai...

UAE shows rapid advancement in cryptocurrency adoption, with plans to implement crypto payments for everyday transactions including fuel purchases. The UAE's regulatory framework, particularly VARA,...