Abu Dhabi News

In an exclusive interview with crypto.news, Dominic Longman, senior executive officer of Binance Abu Dhabi, discusses rising institutional interest in crypto, potential crypto ETFs, and the region’s efforts to attract web3 talents. In February, the Financial Action Task Force (FATF)…

Crypto options trading platform QCP Capital has received initial permission to operate in Abu Dhabi

Singapore-based crypto trading firm QCP Capital has signed a strategic partnership agreement with Further Ventures to double down on the Middle Eastern markets. Asia’s crypto trading firm QCP Capital revealed a partnership agreement with Further Ventures, an investment firm backed…

Binance has withdrawn its application for an Abu Dhabi license, saying it ‘was not necessary.’ According to a Reuters report on Dec. 7, 2023, crypto exchange Binance has decided not to proceed with its application for an Abu Dhabi license.…

Following its listing on the Abu Dhabi Securities Exchange (ADX), Middle Eastern Bitcoin mining company Phoenix Group has announced a new deal with Whatsminer, the second largest Bitcoin mining machine manufacturer.

The native token of the IOTA distributed ledger ecosystem, also called IOTA, witnessed a sudden rally following the announcement of the new IOTA Foundation in the United Arab Emirates (UAE). IOTA is up by 35% in the past 24 hours…

Stablecoin issuer Paxos has received in-principle approvals from the Financial Services Regulatory Authority to issue stablecoins in Abu Dhabi. Paxos, a cryptocurrency brokerage firm and stablecoin issuer, has secured two in-principle approvals of the Financial Services Regulatory Authority in Abu…

Abu Dhabi introduces a trailblazing DLT regulatory framework, setting global standards for blockchain foundations and DAOs.

Swiss digital asset bank, Sygnum, secures approval to operate in the high-growth Abu Dhabi's crypto hub.

Binance continues to expand its footprints in the Middle East, with its latest approval from Abu Dhabi to operate custody services in the region.

Major U.S. cryptocurrency exchange Kraken has received a regulatory license from Abu Dhabi regulators to operate a trading platform. Also, the exchange will be the first to offer dirham trading pairs.  Kraken Gets Green Light in the UAE According to…

Cryptocurrency exchange giant Binance was recently awarded a regulatory license to operate in Abu Dhabi, the capital of the United Arab Emirates (UAE), signaling the company’s continuous expansion in the region. Binance Given In-Principle Approval to Operate in UAE Capital…

MidChains, a licensed bitcoin trading platform based in the United Arab Emirates (UAE) has secured an unspecified amount of funding from Mubadala Investment Capital, Abu Dhabi’s sovereign wealth fund, according to a report by local news source Gulf News on…

Saudi Arabia and the UAE have launched a cryptocurrency aimed at facilitating cross-border payments. The new digital asset was unveiled during the first meeting of the Saudi-Emirati Coordination Council held on January 19, 2019, in Abu Dhabi, according to a…

The Abu Dhabi National Oil Company (ADNOC), a leading diversified energy and petrochemicals group that claims to produce roughly 3 million barrels of oil and 10.5 cubic feet of natural gas daily, has joined forces with IBM  to enable it…

Al Hilal Bank,  a progressive Islamic Bank headquartered in Abu Dhabi has announced the successful completion of an Islamic Sukuk transaction via distributed ledger technology, making it the first Islamic bank to achieve such a feat, according to a local…