Bahrain has made history by becoming the first Gulf nation to introduce a dedicated regulatory framework for stablecoins, marking a significant advance over its regional counterparts as governments in the Middle East consider how to regulate digital finance. This new set of rules, implemented by the Central Bank of Bahrain, aims to provide clarity in...
Vietnam’s Techsmart Telecom has formalized a significant agreement involving telecoms, blockchain, fintech, and cybersecurity. This partnership includes three key collaborators: The Institute of Information Technology and CyberSecurity (IITCS), the UAE-based Venom Foundation, and Abu Dhabi’s GS Fund Technology and Investment. The initiative aims to develop a sovereign digital finance ecosystem, which will incorporate a national...
The United Arab Emirates (UAE) is actively pursuing ambitious goals in artificial intelligence (AI) that reflect its strategic vision for the future. This vision presents a scenario where innovation and intelligence are seamlessly integrated into daily life, making AI not just a tool but a foundational societal operating system. The UAE aims to achieve this...
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...
Circle Internet Group, Inc., a global financial technology company and stablecoin market leader, has announced that it has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This approval permits Circle to operate as a money services provider, marking a significant step toward obtaining a Financial...
The Dubai Financial Services Authority (DFSA) has announced the opening of its Tokenisation Regulatory Sandbox, inviting firms to express their interest in participating. This initiative aims to support companies looking to offer tokenised investment products and services within the Dubai International Financial Centre (DIFC). Firms have until April 24 to submit their Expressions of Interest....