UAE

Bybit Becomes First Exchange with Full SCA License in UAE

ByBit becomes the first global crypto exchange to receive a Virtual Asset Platform Operator License from the UAE’s Securities and Commodities Authority (SCA). The license...

Bybit Secures UAE SCA License, Plans Abu Dhabi Expansion

Bybit received a full Virtual Asset Platform Operator License from the UAE Securities and Commodities Authority (SCA).Bybit is the first cryptocurrency exchange to secure...

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...

Latest news

Senate GOP Updated Clarity Act Targets Fake DeFi, Vote Set

Senate Republicans released an updated Clarity Act on Thursday targeting non-decentralized crypto trading protocols.The bill would require protocols controlled...

TSMC revenue hits record $16.3B, AI demand fuels 53% jump

TSMC reported a record August revenue of NT$514.8 billion ($16.3 billion), marking a 53.3% year-over-year increase and its fourth...

AI Leaves Banks Minutes to Fix Flaws: BIS

A BIS paper warns that AI is shortening the time banks have to repair software vulnerabilities.The authors say routine...