Crypto Fraud Scandal Shakes Iran as Intelligence Officers Embezzle Millions
Iran’s cryptocurrency market has been rocked by a high-level fraud scandal involving intelligence officers from the Islamic Revolutionary Guard Corps (IRGC). In an anti-corruption probe that took an unexpected turn, IRGC intelligence officials reportedly embezzled $21 million worth of digital assets, inflicting significant financial losses on thousands of investors and raising serious concerns about regulatory […]
OKX Publishes 17th Proof of Reserves, Strengthens Position as a Trusted Exchange
OKX has released its 17th consecutive Proof of Reserves (PoR), reinforcing its position as one of the most trusted and transparent exchanges in the crypto industry. The March 2025 report confirms that the exchange continues to hold more than 100% of user assets across major cryptocurrencies, including Bitcoin, Ethereum, and Tether. With reserve ratios standing […]
The Advantages of Building a Custody Solution in Abu Dhabi
The crypto market has reshaped global finance, emerging as one of the most transformative forces in modern economics. The global crypto custody market is projected to grow significantly, with estimates suggesting it could reach around US$1.6 trillion by 2028, growing at a compound annual growth rate (CAGR) of 23.65% during the forecast period. The United […]
CBUAE Unveils New Dirham Symbol and Confirms Digital Dirham Launch in 2025
The Central Bank of the UAE (CBUAE) has confirmed the 2025 launch of the Digital Dirham, while unveiling a new symbol for the UAE’s national currency. The move reflects the country’s push to modernize its financial infrastructure and position the Dirham as a global currency in both physical and digital form. This announcement also marks […]
OKX Backs TOKEN2049 Dubai as Title Sponsor, Eyes Web3 Growth
OKX, a leading global blockchain technology company, announced that it is one of the title sponsors of TOKEN2049 in Dubai, the premier crypto event bringing together founders and executives of leading Web3 companies and projects. The conference will see global leaders from OKX join other executives to discuss trends and growth within the industry, offering […]
The Stablecoin Wave in the U.S. and the UAE’s Regulatory Leap
The global stablecoin market is experiencing a significant transformation, driven by major financial players in the United States and strategic regulatory advancements in the UAE. As stablecoins gain traction as digital representations of fiat currency, the competitive landscape is evolving, with the U.S. and the UAE poised to shape the future of this sector. The […]
ADGM and Chainlink Join Forces to Set Global Standard for Regulated Tokenization
In a new move set to reshape the future of blockchain regulation and asset tokenisation, the Abu Dhabi Global Market (ADGM) has signed a Memorandum of Understanding (MoU) with Chainlink, the global standard for on-chain finance. The collaboration aims to advance compliant tokenisation frameworks, promote interoperability across blockchain networks, and strengthen the UAE’s position as […]
Oman’s Digital Leap: A Blockchain and Crypto-Ready Economy in the Making
Informed by the latest insights from the Oman Investment and Economic Report 2025, the Sultanate is not only accelerating its green energy transition and infrastructure expansion—it’s also quietly building the foundations of a blockchain-powered digital economy. As Vision 2040 drives a national transformation, Oman is emerging as a serious player in the global Web3 ecosystem, […]
Binance Brings Back Its Clubhouse at TOKEN2049 Dubai 2025 as Title Sponsor
Binance, the world’s largest cryptocurrency exchange by trading volume and users, announced its continued strategic partnership with TOKEN2049, the leading global events platform for digital asset professionals and enthusiasts. Returning to Dubai from 30 April to 1 May 2025, TOKEN2049 will once again gather the Web3 community and industry leaders for two days of influential […]
ADGM Issues Investor Alert Over Misleading Claims by Global Investors FX
Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA) has issued an official alert warning the public and the financial services community about false and misleading claims made by an entity called Global Investors FX, operating under the trade name Global FX. According to the FSRA, Global FX has been promoting its services through […]