Web3 Alliance of Saudi Arabia Launches to Accelerate Blockchain Innovation

Saudi Arabia is making a significant leap in blockchain adoption with the launch of the Web3 Alliance of Saudi Arabia (WASA). This new initiative unites key industry leaders to advance Web3 technologies in alignment with the Kingdom’s Vision 2030, fostering economic diversification and technological progress. Founded by global Web3 pioneers The Sandbox, Animoca Brands, and […]

VARA Warns of Risks Associated with Memecoin Advertisements

The Virtual Assets Regulatory Authority (VARA) has issued a consumer alert regarding the risks involved in investing in memecoins, following the rising popularity of these highly speculative and volatile digital assets. Unregulated and High-Risk Nature of Memecoins Memecoins have become a prominent subject of discussion within the cryptocurrency market. These digital assets, often promoted through […]

Dubai’s Tokinvest Unveils Key Report on the Future of Real-World Asset Tokenization

Tokinvest, a Dubai-based pioneering regulated marketplace for tokenized Real-World Assets (RWAs), has published a new report exploring the exciting potential of real-world asset (RWA) tokenization. This report sheds light on the opportunities and challenges within this growing sector and provides a roadmap for making tokenized investments accessible to everyone. The report comes at a pivotal moment […]

Saudi Arabia Launches AI League to Advance Sports Ahead of 2034 FIFA World Cup

Reinforcing Saudi Arabia’s commitment to integrating advanced technologies into sports, the Saudi Company for Artificial Intelligence (SCAI) is launching the AI League – a new competition running from February 10 to the end of April 2025, with a total prize pool of one million riyals. This initiative strengthens AI’s role in revolutionizing sports and marks […]

CoinMENA Unveils Bold Bitcoin Ad Campaign: ‘Your Future, Your Choice’

CoinMENA, a leading regulated crypto trading platform in the MENA region, is making waves in the world of cryptocurrency advertising with its debut campaign, “Your Future, Your Choice.” Partnering with creative agency Bigsea, CoinMENA is using sharp satire to critique the harsh economic realities of today’s world, and in doing so, is redefining how cryptocurrency […]

Microsoft to Launch Responsible AI Foundation in Abu Dhabi

U.S. tech giant Microsoft has announced the launch of a new fund dedicated to advancing responsible artificial intelligence (AI) development in Abu Dhabi, United Arab Emirates. The announcement came just a day before the AI Summit in Paris, where Microsoft emphasized that the initiative aims to strengthen responsible AI standards and implement best practices across […]

Retail Banking is Fading—Fintech Rises, but Can Crypto Catch Up?

Retail banking, once the foundation of global financial institutions, is undergoing a dramatic transformation. Traditional banks are reducing their retail footprint, shifting towards wealth management and investment banking. This retreat is driven by increasing competition from local banks, which in turn are feeling the pressure from neobanks and fintech firms. Open banking regulations have accelerated […]

Tungsten Custody Expands Institutional Support with MANTRA (OM) Collaboration

Tungsten Custody Solutions Ltd, a regulated digital asset custodian operating under the Abu Dhabi Global Market (ADGM), has announced a strategic collaboration with MANTRA (OM) to enhance institutional digital asset custody. The collaboration strengthens Tungsten’s institutional-grade custody services, providing a compliant and secure solution for institutional clients seeking to safeguard OM tokens. Strengthening Institutional Access […]

Tether and Reelly Tech Partner to Explore Blockchain in UAE Real Estate

Tether, the issuer of the world’s largest stablecoin USDT, has announced a collaboration with Reelly Tech, a blockchain-based transaction infrastructure provider, to explore real estate solutions in the UAE. This partnership aims to enhance digital asset integration within the real estate sector, leveraging blockchain for more efficient and transparent transactions. Blockchain’s Role in UAE Real […]

RAK DAO Launches Builder’s Oasis Accelerator with $2M to Boost Web3 Startups

RAK Digital Assets Oasis (RAK DAO), a free zone for digital assets companies located in the emirate of Ras Al Khaimah, has launched its inaugural accelerator program – Builder’s Oasis. With a funding pool of USD$2 million, this program is designed to support Web3 startups in the gaming, AI, and blockchain infrastructure sectors. The program […]