TON Foundation Registers with ADGM: A New Milestone for Blockchain Foundations
The TON Foundation, the non-profit organization behind The Open Network (TON) blockchain, has officially registered with the Abu Dhabi Global Market (ADGM) under its Distributed Ledger Technology (DLT) Foundations Regime. This significant development reinforces ADGM’s status as a global blockchain hub, as the TON Foundation becomes the second major blockchain project to join, following the […]
Mbank Partners with AE Coin to Launch the First Regulated Stablecoin in the UAE
Mbank has announced a strategic partnership with AE Coin, introducing the first-ever regulated stablecoin in the United Arab Emirates, now available for customers via the AEC Wallet. The launch of AE Coin aligns with the Central Bank of the UAE’s framework for digital payment token services, reflecting the government’s forward-thinking approach to the future of […]
Emirates NBD Welcomes Chainlink to Digital Asset Lab Council
Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT), has announced the addition of Chainlink to its Digital Asset Lab as a fifth council member. The partnership, formalized through a Memorandum of Understanding at Abu Dhabi Finance Week, brings Chainlink, a global leader in on-chain finance, verifiable data, and […]
Binance and Circle Join Forces to Boost Global USDC and Crypto Adoption
Crypto industry leaders Circle Internet Group Inc. and Binance have announced a strategic partnership aimed at accelerating the global adoption of USDC and advancing the development of the digital asset and financial services ecosystems. The collaboration, revealed at Abu Dhabi Finance Week, combines Circle’s trusted, compliant digital dollar with Binance’s massive platform, reaching over 240 […]
Bitcoin MENA 2024 Concludes with Bold Projections, Eric Trump Predicts $1M Bitcoin Value
The inaugural Bitcoin MENA 2024 wrapped up today after a dynamic second day of thought-provoking sessions and innovative highlights. Recognized as one of the most prominent and globally influential conference brands for advancing Bitcoin and blockchain adoption, the event brought together leaders from across the Bitcoin ecosystem. The conference offered a variety of activations and […]
Tokinvest Launches Tokenized Deposit and Stablecoin Management System in Collaboration with UDPN
Tokinvest DMCC, a pioneering marketplace for real-world asset tokenization and provisional Virtual Assets Regulatory Authority (VARA) licensed brokerage, is excited to announce the expansion of its collaboration with Universal Digital Payments Network (UDPN) and the launch of a Tokenised Deposit and Stablecoin Management System. The market cap of stablecoins and tokenised deposits grew to $197.5bn, up from $171.6bn at […]
First Abu Dhabi Bank Partners with Libre Capital for Blockchain-Based Collateralized Lending
First Abu Dhabi Bank (FAB) has entered into a Memorandum of Understanding (MoU) with Libre Capital, a tokenization specialist supported by WebN Group and Nomura’s Laser Digital, to explore blockchain-based collateralized lending using real-world asset (RWA) tokens. Since its launch in March, Libre has tokenized approximately $150 million worth of assets, including Brevan Howard funds, […]
ADGM and Polygon Labs Join Forces to Establish International Disclosure Standards for the Blockchain Space
ADGM and Polygon Labs, an international software development company, have announced a new collaboration. The partnership focuses on advancing blockchain innovation by developing international disclosure standards. These standards aim to ensure transparency, security, and trust within the Web3 and broader blockchain ecosystem. This initiative builds on ADGM’s pioneering Distributed Ledger Technology (DLT) Foundations Regulations—the first […]
Circle Expands into the Middle East with ADGM Incorporation and Strategic Partnership with LuLu Financial Holdings
Circle Internet Group, Inc., a global digital financial technology firm, is pleased to announce the incorporation of an entity in the ADGM, a key milestone in its strategic expansion into the Middle East and Africa. Circle has also entered into a partnership with LuLu Financial Holdings (‘LuLuFin’), and its affiliates, one of the largest financial […]
Abu Dhabi Hosts Groundbreaking Events as Part of Abu Dhabi Finance Week 2024
As part of the highly anticipated Abu Dhabi Finance Week (ADFW), two pivotal events—Bitcoin MENA 2024 and the Abu Dhabi Economic Forum (ADEF)—highlighted Abu Dhabi’s position as a leading global hub for finance and technology. These events kicked off with packed agendas, drawing thousands of participants, influential global leaders, and top-tier experts to explore transformative […]