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0 CommentsDubai Multi Commodities Centre (DMCC) has revealed crypto and blockchain firms constituted 16% of the 655 new company registrations that were recorded in Q1 of 2022. The surge in crypto-related registrations also coincided with a quarterly period in which the DMCC is reported to have recorded its highest quarterly performance since inception. One of the…
UAE-based global digital asset gateway Fasset has announced its expansion to the European Union market after securing authorization for crypto operations in the EU. The startup aims to strengthen its global outreach to serve the growing digital asset sector in the EU market. Recently, Fasset separately secured three full authorizations from the Labuan Financial Services…
Emirates revealed its plans to expand the airline’s use of the metaverse and launch NFTs to increase revenue and improve customer service. The NFTs are designed to be both collectible and utility-based, and the first projects are already underway, with launch anticipated in the coming months, it said in a statement on Thursday. Emirates added…
Circle, the issuer of the world’s second-largest stablecoin, USDC, is pursuing international expansion after securing $400 million in funding. BlackRock and Fidelity headlined the new funding round, which follows a $440 million raise last May. The capital raise, led by major investors, such as Blackrock, Fidelity Management, Marchall Wace, and Fin Capital, is expected to…
Crypto service provider Nexo announced on April 13 its partnership with Mastercard and e-money wallet provider DiPocket to launch a first-of-its-kind card in Europe that will let users get credit by putting their crypto assets up as collateral to draw fiat loans. The card will be integrated with Google Pay Apple Pay and offer 2%…
Robinhood, a popular stock and cryptocurrency trading app, has listed several more digital assets, including meme-coin Shiba Inu (SHIB), Solana (SOL), Polygon (MATIC) and Compound (COMP). It caused a spike in the price of SHIB by 20%. The company later announced on Twitter that it is giving away $100,000-worth of the new cryptocurrencies it listed….
