UAE puts together the building blocks for a sustainable metaverse

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…

Gulf Crypto Insight: Hot crypto news from the MENA region – November 25

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…

Gulf Crypto Insight: Hot crypto news from the MENA region – November 18

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,…

Binance receives regulatory approval as an institutional crypto custodian in Abu Dhabi

The world’s largest crypto exchange Binance has secured permission from financial regulators in Abu Dhabi to operate as a crypto custodian for institutional clients. This is the latest crypto license for the company in the UAE. Binance received the regulatory nod from Abu Dhabi’s Financial Services Regulatory Authority (FSRA). This body is a unit of…

Gulf Crypto Insight: Hot crypto news from the MENA region – November 11

Top crypto news from the Middle East region over the last week (Nov. 4 –10, 2022): Middle East, Asia, and Africa blockchain association launches in Abu Dhabi A new blockchain, the cryptocurrency-focused association has been established within Abu Dhabi’s free economic zone, with the goal of advancing the development of blockchain and cryptocurrency ecosystems throughout…

Gulf Crypto Insight: Hot crypto news from the MENA region – November 4

Top crypto news from the Middle East region over the last week (Oct. 29 – Nov. 4, 2022): Visa announces World Cup NFT auction In partnership with the exchange giant Crypto.com, payments giant Visa has launched a new NFT initiative dubbed “Visa Masters of Movement” to celebrate the FIFA World Cup 2022 in Qatar. The…