UAE

Zcash Surges After ThorSwap Support Despite UAE Exchange Delistings

ZCash reached a three-year price high after being listed on ThorSwap. New trading support allows Zcash to swap with major cryptocurrencies like Bitcoin, Ethereum, and...

US Sanctions Iranians, Hong Kong, UAE Firms Over $100M Crypto Oil Deal

The U.S. Treasury sanctioned two Iranian financiers and several entities in Hong Kong and the United Arab Emirates for using cryptocurrency to help fund...

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...

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,...

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...

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...

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...

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...

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BlackRock’s Ethereum Staking ETF Debuts With $15.5M Volume

BlackRock's new staked Ethereum ETF, ETHB, launched with $15.5 million in trading volume, described as a "very, very solid"...

$50M AAVE Swap Yields $36K Despite Warning

A trader lost nearly $50 million on Thursday after swapping that amount of USDT for just 324 AAVE tokens...

Teamsters Threaten to Block Paramount-WBD Merger

The International Brotherhood of Teamsters opposes the Paramount Skydance-Warner Bros. Discovery merger without enforceable worker protections, calling on the...

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