Tag: UAE

Kraken has become the first crypto exchange to be granted a license to operate a regulated digital assets platform in Abu Dhabi, as the Middle East becomes a focus for the crypto industry. The exchange will allow its users to invest, trade, and withdraw virtual assets directly in the United Arab Emirates dirhams (AED). US…

The 22nd global edition of the World Blockchain Summit (WBS) in Dubai saw a lot of the top speakers, including Frederik Gregaard, Faryar Shirzad, Alex Mashinsky, Furqan Rassul, and many more. Held under the patronage of HH Sheikh Juma Ahmed Juma Al Maktoum, a member of the ruling family of Dubai, the summit hosted more…

Arrival of crypto entrepreneurs and software programmers from Russia comes as the bustling city emerges as a startup hub for the region, reports Sean Mathews on Middle East Eye. In early March, Gleb Mikhailov boarded a flight from Moscow to Dubai. “I saw no future left in Russia,” said the founder of Teamatix, a startup…

YallaMarket, a grocery delivery platform in the UAE, announced Wednesday that they now accept crypto payments for customer orders, while the UAE is crypto-friendly and considered to be the center of cryptocurrency in the Middle East. United Arab Emirates (UAE) has been one of the most aggressive with its crypto adoption strategy. They have talked…

Lebanese-Canadian ex-pat resident Rayan Najdi, 29, relaunched his business in the UAE in 2020 after an economic collapse at home forced him to look for an alternative. A personal story about a former electrical design engineer who now designs online courses for students in the UAE, published on Gulf News. ‘Cost efficiency is a mentality…

The UAE will see rapid growth in crypto activities, Sandhya D’Mello predicts in Khaleej Times. Meanwhile, the Abu Dhabi Global Market (ADGM) has already 11 fully licensed and approved in-principle virtual asset players in its community. The UAE known to be at forefront of innovation and emerging technologies will witness more global players descend on…