UAE’s Central Bank Initiates Historic Cross-Border Digital Dirham Transfer to China Feb 3, 2024 23:12 Wayne Jones The transfer was sent via mBridge, a cross-border project introduced in 2021 by China, Hong Kong, Thailand, UAE in partnership
SC Ventures and SBI Holdings Launch $100 Million Crypto Initiative in UAE Nov 9, 2023 20:09 Chayanika Deka The new venture will focus on firms in DeFi, market infrastructure, and tokenization among other things.
UAE Leads MENA Region in DeFi Adoption: Chainalysis Report Sep 26, 2023 13:00 Chayanika Deka Chainalysis found that no country saw its crypto economy grow more this past year than Saudi Arabia.
Rain Acquires Abu Dhabi’s Financial Services Permission Jul 25, 2023 22:43 Chayanika Deka Rain will now provide the only regulated on-ramp and off-ramp of AED into virtual assets in the UAE.
Coinbase Sees UAE as a Strategic Hub for International Operations May 8, 2023 23:51 Mandy Williams Coinbase believes that its establishment in the UAE will expand its global footprint.
Deribit Eyes Dubai Amidst Global Expansion Plans: Report Jan 27, 2023 01:10 Chayanika Deka The crypto options exchange is also looking to obtain broker licenses in UK, Brazil, and Singapore.
CoinCorner Taps Dubai’s Royal Family to Facilitate Bitcoin Transactions Sep 24, 2022 16:14 Chayanika Deka It is worth noting that UAE's crypto market grew by a 1,500% in 2020-21 over the previous financial year.