UAE’s dirham stablecoin race widens as RAKBank nets in-principle approval
RAKBank becomes the first homegrown bank to receive in-principle approval to launch a dirham-backed stablecoin, widening the UAE’s stablecoin race.
UAE
‘Welcome to the Party’: Ripple Exec Reacts to Coinbase UAE Entry
A Ripple executive reacts to Coinbase’s potential UAE expansion, welcoming the move as a positive development for the crypto industry. The UAE’s crypto-friendly regulations and growing adoption make it an attractive market for global crypto exchanges.
Telecom giant e& to support central bank-licensed dirham stablecoin for payments
e& partners with Al Maryah Community Bank to explore AE Coin, a dirham-pegged stablecoin, enhancing digital payments in the UAE.
UAE telco giant e& taps dirham stablecoin for bill payments pilot
UAE’s e& company pilots a dirham stablecoin for bill payments, marking a step towards digital currency integration.
Binance Collaboration With Botim Money Advances Regulated Crypto Services
Binance partners with Botim Money to enhance regulated crypto access in the UAE, signaling growth in the digital asset space.
UAE hands over Ponzi scheme Finiko co-founder to Russian authorities
UAE’s deportation of Finiko’s co-founder highlights ongoing efforts to combat crypto fraud and protect investors globally.
Galaxy expands to UAE as part of Middle East push
Galaxy Digital expands into the UAE, signaling a strategic push into a burgeoning crypto hub with favorable regulations.
Michael Saylor Says Bitcoin Will Power Digital Credit Revolution in the Middle East
Michael Saylor envisions Bitcoin as a key driver for digital credit revolution in the Middle East, especially in the UAE.
Galaxy Digital enters the UAE with new ADGM office
Galaxy Digital expands into the UAE, signaling a growing crypto hub and potential market transformation.
Circle appoints new regional director in part of ADGM-approved expansion in UAE
Circle’s FSP license from ADGM enhances its presence in the UAE, signaling growth in the digital asset landscape.