UAE Amasses 6,300 BTC Worth $700 Million Through Mining
The UAE holds approximately 6,300 BTC, valued at $700 million at the current rate, according to Arkham analysts.
UAE cements its position in digital finance and PropTech
The UAE central bank reported progress on the digital dirham. PropTech is expanding: by 2030 the market is set to grow from $0.61bn to $1.55bn. The UAE and Saudi Arabia are scaling talent and investment, building a Web3/smart‑city ecosystem. The United Arab Emirates is pressing ahead with the digital overhaul of its economy, advancing two […]
TON Foundation Clarifies UAE ‘Golden Visa’ Initiative
The UAE’s ‘golden visa’ programme for staking Toncoin is a private initiative. The TON Foundation clarified that the project is not affiliated with the country’s government. The statement was a response to an announcement on the social network X. The foundation acknowledged that the news sparked interest within the community and decided to provide clarity. […]
UAE Denies Issuing ‘Golden Visas’ for Toncoin Investments
The UAE authorities have denied reports of issuing ‘golden visas’ to cryptocurrency investors. A joint statement was released by the ICP, the SCA, and the VARA. The denial was in response to an announcement by The Open Network Foundation. The foundation had introduced a program for obtaining a 10-year UAE ‘golden visa’. Investors were invited […]
Dubai to Integrate Cryptocurrencies for Government Service Payments
The Dubai Department of Finance (DOF) announced a partnership with the cryptocurrency exchange Crypto.com to accept digital assets as payment for government services. The agreement was signed at the Dubai FinTech Summit as part of the UAE’s strategy to transition to cashless transactions: by 2026, 90% of transactions in the country are expected to be […]
Who is behind BestChange? The developer on anonymity, government requests and top assets
For all of BestChange’s 18-year history, the creator of the crypto-exchanger monitor stayed out of the limelight. This is the first public interview with Denis Malkov. In a conversation with ForkLog, the developer spoke about a cyberattack on his first exchange and competition with other aggregators. We asked which coins are most popular with BestChange […]
Sonic Labs Alters Stablecoin Launch Plans
Instead of a dollar-based algorithmic stablecoin, developers at Sonic Labs plan to launch a “mathematically bound numerical Dirham,” according to the company’s head, Andre Cronje. We will no longer be releasing a USD based algorithmic stable coin. Completely unrelated, we will be releasing a mathematically bound numerical Dirham which is settled and denominated in USD, […]
Blynex Accused of Unlawful Liquidation of DHN Token
Learn-to-Earn platform Dohrnii Labs has accused the UAE-based cryptocurrency exchange Blynex of liquidating its tokens without permission and failing to disburse a promised loan, according to Cointelegraph. The aggrieved party claims to have deposited 12,649.99 Dohrnii (DHN) tokens worth over $500,000 on the exchange. On March 23, Dohrnii Labs used 8,650 DHN as collateral for […]
US and UAE Coordinate Plans on Digital Currencies
The UAE’s National Security Advisor, Sheikh Tahnoon Bin Zayed Al Nahyan, and Donald Trump’s Special Advisor on AI and Cryptocurrencies, David Sacks, discussed the development of digital assets and artificial intelligence. I explored with @davidsacks47 , the Special Advisor on AI and Crypto, the transformative effects of artificial intelligence across various sectors, the expanding role […]
Ripple Secures License to Operate in UAE
Ripple has received approval from the DFSA to offer regulated cryptocurrency payment services in the Dubai International Financial Centre (DIFC). The firm has become the first blockchain provider to be licensed by the authority. According to a press release, the cross-border payments market in the UAE is valued at $40 billion. The high demand for […]We use cookies to improve the quality of our service.
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