Abu Dhabi will host the second edition of the Bitcoin MENA conference in December 2025, following the success of the inaugural event held in December 2024. The conference is a collaborative effort between ADNEC Group and BTC Inc Group, aiming to bring together industry leaders and enthusiasts in the cryptocurrency sector. Credit: WAM The 2024...
Ctrl Alt, a tokenization infrastructure platform, has announced that it has obtained a virtual asset broker-dealer license and an issuer license from Dubai’s Virtual Assets Regulatory Authority (VARA). As of May 1, 2025, Ctrl Alt has successfully tokenized over $295 million in various assets, including real estate, private credit, funds, and litigation finance. According to...
Ripple’s stablecoin, RLUSD, has received official approval from the Dubai Financial Services Authority (DFSA) for use within the Dubai International Financial Centre (DIFC). This announcement was made by Ripple on Tuesday, marking a significant step for the cryptocurrency in the region. The DFSA’s approval allows RLUSD to be utilized by Ripple and other businesses that...
UAE-based Emirates Coin Investment LLC (EmCoin) has achieved a significant milestone by becoming the first investment platform in the region to be regulated by the Securities and Commodities Authority (SCA). This development allows EmCoin to offer investment opportunities in both digital assets and traditional financial assets, including global equities, commodities, and Initial Coin Offerings (ICOs)...
Ripple has announced that its stablecoin, RLUSD, has received approval as a recognized crypto token by the Dubai Financial Services Authority (DFSA) for use within the Dubai International Financial Centre (DIFC). This approval solidifies RLUSD’s reputation as a trusted, enterprise-grade stablecoin, emphasizing regulatory compliance, utility, and transparency. RLUSD stands out as one of the few...
Fresh digital asset regulations in the UAE are set to encourage further tokenisation and the introduction of more complex cryptocurrency-related products, according to analysts. Tokenisation involves creating and trading digital tokens that are backed by real-world assets like real estate, gold, or art on a blockchain, facilitating direct and verifiable peer-to-peer transactions. Dubai’s crypto regulator,...
BitGo, a prominent digital asset infrastructure provider, has introduced its Crypto-as-a-Service (CaaS) platform in Dubai. This new offering allows financial institutions, FinTech companies, and enterprises to easily integrate cryptocurrency functionality into their existing products. The platform streamlines the process for businesses to provide crypto trading, transfers, and staking services while ensuring high standards of security...
du, the leading telecom and digital services provider, has announced its role as the headline sponsor of Crypto Expo 2025, which is set to be the premier event for cryptocurrency and blockchain in the region. Scheduled for 21–22 May at the Dubai World Trade Centre, the Expo aims to serve as a key platform for...
Ripple has significantly enhanced its presence in the United Arab Emirates by partnering with two new entities: Zand Bank and fintech firm Mamo, both of which will utilize Ripple’s blockchain-based cross-border payments platform. This strategic move aims to facilitate faster and more cost-effective international transfers using advanced blockchain technology. According to a press release from...
Bitcoin continues to dominate global markets, and a significant indication of this trend comes from Abu Dhabi. The sovereign wealth fund Mubadala has officially announced an investment of $408.5 million in the iShares Bitcoin Trust (IBIT) managed by BlackRock. This move strengthens Bitcoin’s position as a strategic financial asset for institutional investors, revolutionizing the traditional...