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0 CommentsTop 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…
400 ViewsTop 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,…
428 ViewsThe 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…
666 ViewsTop 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…
344 ViewsTop 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…
543 ViewsMajor crypto companies are flocking to the UAE in hopes of tapping a potentially lucrative market, but a long road still lies before them, writes Sebastian Sinclair on Blockworks. A raft of exchanges hope to take advantage of United Arab Emirates’ digital asset ambitions But seemingly friendly jurisdictions have turned out to be regulatory nightmares…
