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Abu Dhabi News
Top Abu Dhabi Stories
Latest Abu Dhabi News
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BlackRock’s iShares Bitcoin Trust (IBIT) recorded $523 million in net outflows on Tuesday, its most significant single-day withdrawal since it launched.
BTC
Bitcoin
News
The Abu Dhabi Investment Council significantly expanded its exposure to Bitcoin during the third quarter, tripling its stake in IBIT ETF just before the cryptocurrency market experienced a sharp downturn.
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Canadian investment fund manager 3iQ has teamed up with Abu Dhabi-based alternative investments firm AltNovel to launch the first multi-strategy digital assets fund in the Middle East. 3iQ and AltNovel, a platform regulated by the Financial Services Regulatory Authority, announced…
BTC
Bitcoin
News
Stablecoin issuer firm Circle was recently granted in-principle approval from Abu Dhabi financial authorities to serve as a money services provider in the region. According to an official press release, the Financial Services Regulatory Authority of Abu Dhabi Global Market…
USDC
USDC
News
Abu Dhabi’s International Holding Company, ADQ, and First Abu Dhabi Bank announced plans to launch a dirham-backed stablecoin, fully regulated by the UAE Central Bank, aimed at advancing payment solutions and digital infrastructure. The stablecoin will operate on the ADI…
USDT
Tether
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The Stacks Asia DLT Foundation has become the first Bitcoin-based foundation to register within the Abu Dhabi Global Market. Â The move aims to support the expansion of Bitcoin (BTC) layer-2 technology across the Middle East and Asia. The foundation will…
News
Abu Dhabi’s financial regulator has fined crypto firm Hayvn and its CEO more than $12 million for AML breaches and unlicensed activity. The Financial Services Regulatory Authority of Abu Dhabi Global Market has taken enforcement action against Hayvn Group and…
News
Wisconsin more than doubled its Bitcoin exposure in three months, while Abu Dhabi’s sovereign wealth fund disclosed its public BTC purchase.
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Phoenix Group reported $107 million in Bitcoin mining revenue for 2024, more than a 230% jump from 2023. Cryptocurrency miner Phoenix Group saw its mining revenue surge 236% in 2024, reaching $107 million as it expanded operations and navigated industry…
BTC
Bitcoin
News
Prime Minister of Malaysia, Anwar Ibrahim, says he wants to explore policies for crypto and blockchain technology after his meeting with Binance co-founder CZ and the Abu Dhabi government. According to a report by media outlet New Straits Times, Ibrahim…
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UAE’s first crypto-listed company, Phoenix Group, plans NASDAQ dual-listing. Phoenix Group, the first cryptocurrency company in the UAE to be listed on the Abu Dhabi Stock Exchange (ADX), is planning to dual-list on the Nasdaq in 2025 to expand its…
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Koma Inu, a meme coin based on BNB Chain saw its price skyrocket after securing backing from DWF Labs’ Meme Fund. Koma Inu (KOMA) is up 200% in the past 24 hours and is trading at $0.171 at the time…
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Aptos Foundation is opening a regional office in Abu Dhabi in a bid to foster partnerships and support projects focused on the Aptos ecosystem. Aptos Foundation, the organization behind the Aptos (APT) blockchain, is opening a regional office in Abu…
APT
Aptos
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Tether has announced that Abu Dhabi’s Financial Services Regulatory Authority has approved the company’s U.S. dollar-pegged stablecoin as an accepted virtual asset. According to the announcement on Dec. 10, Tether (USDT) is now available to authorized individuals and entities regulated…
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The international financial center in Abu Dhabi, Abu Dhabi Global Market is collaborating with Polygon Labs in establishing an international token disclosure process for the web3 ecosystem. According to the press release received by crypto.news, the ADGM aims to use…
News
DWF Labs, a crypto venture capital company, will move its main office to Abu Dhabi as part of its efforts to establish ‘a strong presence in the Middle East’, according to its co-founder. Co-founder of DWF Labs, Andrei Grachev, announced…
