UAE

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,...

UAE Crypto Firm Pleads Guilty in $595K Uniswap Wash Trading Scheme After FBI Sting

UAE crypto market maker CLS Global admits to wash trading scheme on Uniswap, facing U.S. legal charges. FBI sting operation "Operation Token Mirrors" caught the...

Latest news

Moonshot AI Uses 20,000 Nvidia Chips Leased from Alibaba

Beijing-based AI startup Moonshot is using a cluster of around 20,000 NVIDIA chips leased from backer Alibaba to train...

Bank of Italy study finds stablecoins no cheaper or faster than traditional remittances

Bank of Italy researchers found stablecoin remittances offered no systematic cost or speed advantage over traditional channels due to...

Chinese hackers target Central Asian governments with new backdoors

A Chinese-speaking threat actor has targeted government organizations in Central Asia and Syria since January 2025, using two new...