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United Arab Emirates News
Top United Arab Emirates Stories
Latest United Arab Emirates News
News
Gulf-based Sigma Capital has introduced a $100 million fund to invest in web3 sectors, from blockchain infrastructure to the metaverse. Sigma Capital, a private equity firm specializing in early-stage startups, has announced the launch of a $100 million fund to…
News
Mastercard brings its Crypto Credential solution to the EEMEA region, starting with the UAE and Kazakhstan. Payments processor Mastercard has rolled out its Crypto Credential solution in the UAE and Kazakhstan, marking its first move into the EEMEA region. The…
News
Abu Dhabi-listed Phoenix Group deepens its U.S. footprint with the opening of a 50 MW crypto mining site in North Dakota. Phoenix Group has opened a 50 MW crypto mining facility in North Dakota, as the Abu Dhabi-based firm doubles…
BTC
Bitcoin
News
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…
News
Binance founder Changpeng Zhao has triggered a discussion about cryptocurrency adoption in the UAE after sharing claims about the nation’s Bitcoin holdings. In a recent X tweet, Zhao shared an article claiming the United Arab Emirates holds $40 billion in…
BTC
Bitcoin
News
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
News
CoinDCX’s BitOasis has been granted a full virtual asset service provider license from Dubai virtual asset regulators, two years after it secured an operating permit. In a press release, Dubai-based crypto exchange BitOasis announced that it has received a new…
Opinion
In the new days of Tulip Mania for Bitcoin, cryptocurrency investors will be subject to worldwide US taxation on their digital assets.
BTC
Bitcoin
Opinion
From government initiatives to VC investments, UAE’s web3 gaming ecosystem works harmoniously to foster growth and innovation.
News
BlackRock has received a license to operate in Abu Dhabi, further expanding its business into the Middle Eastern region after gaining approval from Saudi Arabia just last month. According to a Bloomberg report published on Nov. 18, the investment management…
News
Abu Dhabi-based cryptocurrency exchange M2 claims it has resolved a $13.7 million incident after allegedly falling victim to a hacker attack. Cryptocurrency exchange M2, co-founded by Bijan Alizadeh Fard and Stefan Kimmel, has suffered a “cybersecurity incident involving $13.7 million,”…
News
A recent research report by Coincub and Blockpit highlights how varying tax policies, from zero taxes in the UAE to high rates in the U.S., shape crypto investment strategies. The crypto taxation landscape varies widely across the globe, as revealed…
News
Deputy Governor of China’s Central Bank says the countries partnering together to build mBridge would need to establish trust and mutual understanding of one another’s regulatory framework. According to a report by SCMP on Oct. 23, the deputy governor of…
News
The UAE, particularly through its Dubai and Abu Dhabi financial hubs, continues to introduce initiatives and regulatory frameworks to attract crypto companies and investors. Consider the latest update: The UAE announced value-added tax (VAT) exemptions for crypto transfers and conversions.…
News
Ripple has received in-principle approval from the Dubai Financial Services Authority to enhance its cross-border payment solutions in the Middle East. Ripple is expanding its international presence by securing in-principle approval from the Dubai Financial Services Authority to broaden its…
XRP
XRP
News
United Arab Emirates’s Virtual Assets Regulatory Authority new rule will require crypto firms to add a disclaimer, warning potential customers about the risks that come with investing in digital assets. According to a Bloomberg report, companies that want to market…
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