Crypto.com, a leading global regulated cryptocurrency exchange licensed by the UAE’s Dubai Virtual Asset Regulatory Authority (VARA), has partnered with Emarat Energy, which operates over 155 gas stations throughout the UAE, to introduce cryptocurrency payment options. This initiative aims to enhance the utility of digital assets in the region. According to a post on LinkedIn,...
Crypto.com, a leading global regulated cryptocurrency exchange licensed by the UAE’s Dubai Virtual Asset Regulatory Authority (VARA), has formed a partnership with Emarat Energy. Emarat operates over 155 gas stations throughout the UAE and will now offer customers the option to make payments with cryptocurrency. The expansion of this service is contingent on regulatory approvals...
The UAE recently hosted one of the largest crypto events globally, Token2049, which attracted a record 15 000 attendees to Madinat Jumeirah. This conference alternates between Dubai and Singapore and is named after the sci-fi movie Blade Runner 2049. The venue was packed, showcasing the growing interest in the cryptocurrency sector. Despite facing significant challenges...
Ripple Labs, a cryptocurrency company based in San Francisco, has announced its plans to expand operations in the UAE after receiving approval to operate from the Dubai Financial Services Authority (DFSA). The DFSA licensed Ripple in March, marking the company as the first blockchain payments provider to achieve this status in Dubai. Currently, one in...
The world’s largest cryptocurrency event, Token2049, took place in Dubai at the Madinat Jumeriah Resort from April 30 to May 1. The conference attracted around 15 000 participants from more than 160 countries and featured over 200 speakers, which included industry leaders, policymakers, and innovators. The event began early, with a DJ spinning tracks before...
First Abu Dhabi Bank (FAB), the largest lender in the UAE by assets, has joined forces with the UAE sovereign wealth fund ADQ and holding company IHC to introduce a new dirham-backed stablecoin. This digital currency is intended for use by consumers, businesses, and institutions, pending regulatory approvals. The stablecoin will be issued by FAB...
BitGo, a leading provider of digital asset infrastructure, has announced that its Dubai subsidiary, BitGo Custody MENA FZE, has received a Virtual Assets Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This license enables BitGo to offer Virtual Asset Custody Services and Staking in Dubai, following the in-principle approval it received in...
Metis Token is set to sponsor RE:ALIGN, an immersive wellness session aimed at helping participants reset, reconnect, and realign before TOKEN2049, which will take place in Dubai on April 28th. This event is designed to provide attendees with a refreshing experience as they prepare for one of the most significant gatherings in the cryptocurrency sector....
The United Arab Emirates is preparing to launch its national stablecoin, AE Coin, which is expected to significantly change how residents conduct retail payments. The introduction of this stablecoin is anticipated to be a pivotal moment in the financial landscape, especially as it encourages traditional banks to adapt to this evolving payment system. AE Coin...
Oxbridge Re Holdings Limited (Nasdaq: OXBR) and its subsidiary SurancePlus will participate in TOKEN2049 Dubai, a major blockchain event scheduled for April 30 to May 1, 2025, at the Madinat Jumeirah in Dubai, UAE. The event is anticipated to attract more than 15 000 attendees from over 160 countries, featuring participation from more than 4...