News with the tag "UAE"

Crypto.com and Emarat launch crypto payment pilot at 10 UAE fuel stations under Project Landmark Al Wasl Road station rebranded as Crypto.com Emarat location, pending regulatory greenlight Expansion to 155 stations planned, with offers tied to joint platform promotions and services Crypto.com is par...

The world of digital assets continues its relentless march towards mainstream adoption, and a recent announcement from the United Arab Emirates marks a significant leap forward. The official X account of leading cryptocurrency exchange Crypto.com revealed a groundbreaking Crypto.com Emarat partnersh...

Trump Tower Dubai will accept crypto for property purchases, Eric Trump confirmed this week. The $1B project includes luxury units and penthouses in partnership with Dar Global on Sheikh Zayed Road. Eric Trump will speak at TOKEN2049 Dubai alongside Web3 leaders including CZ, Allaire, and Balaji. Bu...

Circle secured ADGM approval to offer USDC-linked services as stablecoin demand rises across the Middle East In-principle approval allows Circle to pursue licensing in UAE under Abu Dhabi’s digital asset framework Circle’s UAE move follows MiCA compliance and USDC rollout in Japan via SBI Holdings p...

Key Takeaways: Circle secures Abu Dhabi’s regulatory approval, edging closer to UAE dominance. Hub71 partnership grants Circle sandbox access and startup grants. IPO filing targets $4 billion valuation with JP Morgan and Citi Backing. Circle, the company behind USDC and EURC stablecoins, took a majo...

First Abu Dhabi Bank to issue UAE’s new Dirham-backed stablecoin, pending approval from the Central Bank. The digital token will operate on ADI blockchain and support machine-to-machine and AI-driven payment flows. The stablecoin is part of the UAE’s broader push to accelerate adoption of regulated ...

The Stacks Asia Foundation, has established a presence in ADGM UAE. becoming a regulated Bitcoin-based foundation operating within the Abu Dhabi Global Market (ADGM) as the Stacks Asia DLT Foundation. By being present in ADGM, Stacks DLT Foundation will utilize the support offered by ADGM, which sup...

As stablecoins take center stage, banks globally and in the UAE are embracing the digital assets era. UAE First Abu Dhabi Bank (FAB), IHC, and ADQ sovereign investor will be launching a new AED-backed stablecoin regulated by the UAE Central Bank. The AED stablecoin will be issued by FAB. The trio ai...

A groundbreaking development is unfolding in the heart of the Middle East. For the first time ever, an Islamic bank is opening its doors to the world of digital assets, specifically Bitcoin. Ruya Bank, a pioneering digital Islamic community bank based in the United Arab Emirates (UAE), has officiall...

Ruya becomes first Islamic bank to offer Shari’ah-compliant crypto trading in-app UAE sees $30B in virtual asset inflows amid growing digital economy integration Ruya and Fuze partner to provide secure, ethical access to compliant digital assets Ruya, a digital Islamic bank based in the UAE, now let...