News with the tag "Dubai"

Robinhood is applying for a Dubai Financial Services Authority (DFSA) license to expand its cryptocurrency exchange services into the Middle East and North Africa (MENA) region, aiming to leverage the area's growing crypto market and regulatory framework.

Dubai's Virtual Asset Regulatory Authority (VARA) has approved its first Crypto Options License, marking a significant step in the emirate's efforts to become a global crypto hub by introducing regulated cryptocurrency derivatives.

Laser Digital, a subsidiary of Nomura, has obtained Dubai's first regulated OTC crypto options license under VARA, enabling ISDA-compliant Bitcoin options for institutional clients and supporting Dubai's strategy to become a regulated crypto hub.

Laser Digital, a subsidiary of Nomura, has obtained the first OTC crypto derivatives license in Dubai from VARA, marking a significant step in regulated digital asset services and institutional adoption.

Dubai's tokenized real estate initiative has attracted a significant number of first-time buyers, with the market projected to reach $16 billion by 2033, as part of the city's broader blockchain strategy.

Ripple has partnered with Ctrl Alt to support the Dubai Land Department's Real Estate Tokenization Project, marking another step in its expansion in the UAE and the adoption of its stablecoin RLUSD.

Ripple's partnership with Ctrl Alt aims to revolutionize Dubai's real estate market through blockchain-based tokenization, enhancing liquidity, transparency, and accessibility.

The Dubai Land Department (DLD) has partnered with Ctrl Alt and Ripple to issue tokenized real estate title deeds on the XRP Ledger, marking a significant step in Dubai's blockchain-based property infrastructure.

Ripple partners with Ctrl Alt to tokenize Dubai real estate using the XRP Ledger, supporting Dubai's government-led digitization initiative.

Ripple partners with Ctrl Alt to provide custody for Dubai’s tokenized real estate on the XRP Ledger, expanding its global custody network and enhancing property investment transparency.