Tag: UAE

For the near future, financial executives can expect substantial ambiguity surrounding all things DeFi, which they can best confront with an open mind, a level head, and a willingness to roll up their sleeves and get involved, Jorge Camarate, Antoine Khadige, and Vishal Gupta, Senior Associate, from Strategy& wrote on Arabian Business. Financial service companies…

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…

Dubai-based fintech company Evai has been recognized as one of the top-performing blockchain projects globally, according to the new CV VC Global Report 2022. A new report reveals 700% year-on-year growth as investments in the blockchain sector surge. The report, issued by Crypto Valley Venture Capital, based in Zug, Switzerland provides an overall synopsis of…

NFTs have taken the internet by storm over the last five years, generating countless column inches and eye-watering levels of investment. This is a sector ripe with opportunity, but, as with any investment, it pays to do your homework, says Nasreen Faqihi, Chief Executive of NFT platform Crypto Camels Club. If you spend even a…

In the UAE, cryptocurrencies have rapidly been gaining appeal among younger demographics. Latest surveys show over 54% of residents aged between 18 and 35 years are expressing increased openness towards crypto. Many latest surveys show that young adults are among those in the UAE who are most likely to invest in cryptocurrencies in the near…