BlackRock, the multinational investment firm and spot Bitcoin exchange-traded fund (ETF) issuer, received a commercial license to operate in Abu Dhabi, the capital of the United Arab Emirates. According to Bloomberg, the approval granted on Nov. 18 reflects BlackRock’s interest in expanding in the crypto-friendly region. The company is also seeking a license to operate in the…
Top crypto news from the Middle East region over the last week (Dec. 24–30, 2022): Abu Dhabi backs tech in aim to become global business hub Abu Dhabi Finance Week showcased the ambitions of the capital city of the United Arab Emirates to become a global business hub. Having previously run as a conference dedicated…
Top crypto news from the Middle East region over the last week (Dec. 10–23, 2022): MAG partners with CoinMENA to facilitate property transactions using cryptocurrency MAG, the leading real estate developer in the UAE, has signed an agreement with CoinMENA, a leading crypto asset service provider in the Middle East and North Africa (MENA), to…
The Middle East nation includes metaverse to merge play and prospects with prosperity that lasts, writes Iona Stanley on Gulf News Focus. Sustainability seeks to improve our lives on earth — from the air we breathe and the food we eat, to overcoming the perils of climate change. Meanwhile, the metaverse promises an escape from…
Top crypto news from the Middle East region over the last week (Nov. 18 –24, 2022): Abu Dhabi-based crypto firm plans to acquire FTX Crypto trading firm Hayvn based in Abu Dhabi, the UAE considering a bid for collapsed FTX’s payments business FTX Pay, the company said on Friday. Hayvn executives consider FTX Pay as…
Top crypto news from the Middle East region over the last week (Nov. 11 –17, 2022): UAE regulator adopts blockchain to speed up commercial judgments A judicial authority established by the United Arab Emirates (UAE) Federal Decree has adopted blockchain technology to save time and costs related to the enforcement of commercial judgments. ADGM Courts,…