UAE

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...

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...

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...

UAE Real Estate Giant Embraces Crypto Payments for Property Sales

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 Crypto Integration: Daily Transactions Could Become Reality Within Two Years

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’s Crypto.com Explores Fuel Payment Partnership with Emirates Petroleum

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,...

UAE Crypto Firm in Talks to Enable Digital Currency Payments at Gas Stations

UAE is rapidly advancing in crypto adoption, with plans to implement cryptocurrency payments for everyday transactions including fuel purchases. The UAE's regulatory framework, including VARA,...

Latest news

Bitcoin Surges Past $79,500, Highest Since May

Bitcoin climbed to $79,500 on August 21, its highest since May, fueled by a U.S. Treasury buyback announcement and...

Bitget CEO predicts Bitcoin will stay near $70k through year-end

Bitget CEO Gracy Chen expects Bitcoin to remain near current levels through year-end, citing interest rates and macroeconomic conditions.Chen...

Anthropic to file IPO this month, targets SpaceX record

Anthropic will reportedly file its IPO on the US stock market before the end of this month, aiming to...