Tether reached another milestone in 2024 as its stablecoin, USDT, was approved as an accepted virtual asset in the Abu Dhabi Global Market (ADGM). This approval...
At the TON Gateway event in Dubai, Tether’s Senior Strategic Partnership Manager, Alessandro Giori, revealed that the company plans to issue a stablecoin pegged to the...
The UAE will make changes to its Value Added Tax (VAT) Executive Regulations, effective November 15, 2024. These amendments focus on crypto transactions, eliminating VAT on...
The Securities and Commodities Authority (SCA) has announced that Virtual Asset Service Providers (VASPs) licensed in Dubai will now be allowed to operate throughout the entire...
The United Arab Emirates (UAE) has announced that government entities and authorities will now accept Bitcoin and other cryptocurrencies for donations during the holy month of...
The cryptocurrency market in the UAE has shown resilience amid global market turmoil, with the country maintaining over $34.8 billion in crypto transactions between July 2022...
The world has witnessed the widespread adoption of cryptocurrency, and the Middle East & North Africa (MENA) region has actively participated in this over $1 trillion...
The United Arab Emirates (UAE) has embraced the boundless potential of the metaverse following its announcement of the “Responsible Metaverse Self-Governance Framework” initiative. The initiative is...
A new stablecoin is on the market, pegged to the dirham (AED) — the currency of the United Arab Emirates (UAE) and launched by an ex-SoftBank...
The Middle East has proven to be an attractive spot for the development of Web3 technologies. For example, in Dubai alone, OKX, a crypto exchange, was...
The bilateral meeting held by the Central Bank of the United Arab Emirates and the Hong Kong Monetary Authority (HKMA) in Abu Dhabi on May 29...
The Central Bank of the United Arab Emirates has officially signed the formal launch of the country’s Central Bank Digital Currency (CBDC) strategy, which will be...
The metaverse has become an interesting tool to countries and not only brands; national metaverse enquiry centers, partnerships with private sectors and law enforcement centers in...
The Central Bank of the UAE (CBUAE) announced on Wednesday, 26 October 2022 that it had successfully completed the world’s largest pilot of central bank digital...
• South Korea to freeze $61M of Do Kwon’s BTC. • UAE Ministry Of Economy Moves To The Metaverse. What do you think of this video?...
The UAE has announced the opening of its first metaverse office. The office will be the digital branch of UAE’s Ministry of Economy. It means that...
VARA, Dubai’s Virtual Asset Regulatory Authority has released guidelines for marketing, advertising, and promotions of Virtual Assets in the city. This includes online and offline operations...
Following an earlier trade agreement on May 1st between UAE and India, the Dubai Chamber of Commerce has revealed more details about the scope of the...
Dubai regulators have flung open the door for crypto businesses
