2023-7-11 15:35 |
Dubai's digital asset regulator, the Virtual Asset Regulatory Authority (VARA), has suspended crypto exchange BitOasis from operating in the region. origin »
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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.
The United Arab Emirates has completed its first government transaction using a central bank digital currency (CBDC), marking a significant step in its Digital Dirham project. This test payment, made through the cross-border mBridge platform, confirms the UAE’s technical integration and signals readiness for wider government and private sector adoption of CBDCs. The development is […]
UAE residents can now mine Bitcoin without owning hardware, as telecom operator du launches its first-ever Bitcoin cloud mining platform, “Cloud Miner.” du launches UAE’s first cloud Bitcoin mining platform UAE’s second largest telecom operator du has launched a Bitcoin…
Crypto.com has become the first VASP in the UAE to receive IPA for SVF license, enabling regulated digital payments — like government fees in crypto — automatically converted into UAE dirhams or AED-pegged stablecoins once final compliance checks are completed.…
The approval will allow Crypto.com to enable crypto-to-dirham payments for government services and commercial use under Central Bank oversight.
Abu Dhabi Airports will pioneer digital asset technology to enable a more seamless travel experience. Abu Dhabi Airports is embracing crypto. On Friday, October 10, a new partnership with Al Hail Holding and fintech firm Xare will bring a digital…
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has secured the first full crypto exchange operator license in the United Arab Emirates. The Virtual Asset Platform Operator License, issued by the Securities and Commodities Authority, sees Bybit become the…