Category: Uncategorized

A New Crypto firm to move Headquarters to Dubai

As reported by Coindesk, Crypto trading and venture capital firm Three Arrows Capital is moving its headquarters from Singapore to Dubai, United Arab Emirates. The planned move comes as Three Arrows Capital organizes its first-ever fund that would take capital from external investors, according to sources familiar with the matter. Three Arrows Capital is the […]

Central Bank of Bahrain Issues New Crowdfunding Platform Operators Regulations

The Central Bank of Bahrain (“CBB”) has issued new regulations applicable to crowdfunding platform operators following a comprehensive review of the existing regulations, which were first issued in 2017. The new regulations contain rules regarding equity-based crowdfunding and financing-based crowdfunding and are covered under Crowdfunding Platform Operators Module (Module CFP). Module CFP can be found […]

Cypher Capital Invests in Blockchain GameFi Platform, Cross The Ages

Cypher Capital, a venture capital firm located in the UAE, today announced that it has invested in blockchain GameFi entity, “Cross The Ages (or CTA)”, an immersive metaverse gaming platform utilizing NFTs and tokenomics.  Built on the Polygon platform, Singapore-based Cross The Ages received investments of $12 million in its seed funding round. The funding will be utilized to further […]

DAMAC Properties to facilitate transactions for property purchase by crypto holders

As expected, leading luxury real estate developer DAMAC Properties has announced that the company is stepping up to serve the digital economy by facilitating the conversion to fiat, and the sale of property to holders of Bitcoin and Ethereum. The decision comes from the DAMAC Group’s vision of leveraging technology to provide innovative solutions to […]

Mashreq Bank joined UAE KYC Blockchain Platform

The UAE KYC Blockchain Platform has further expanded with Mashreq Bank partnering on the initiative with Department of Economy and Tourism (DET), Dubai. Mashreq Bank joins a group of four banks that are currently live on the network, including ENBD, CBD, ADCB and HSBC. More banks and licensing authorities are currently in implementation phase and […]

Yoshi Markets and Tezos Gulf to develop digital tokenized asset ecosystem

Yoshi Markets Limited, a Multilateral Trading Facility (MTF) and custodian for virtual assets, regulated by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) today announced the signing of an agreement with Tezos Gulf, to collaborate and develop the nascent securitised digital token space on the Tezos blockchain. As per the agreement, Yoshi […]

Kraken.. A Global Virtual Asset Exchange in ADGM

Kraken, is the first global virtual assets exchange group in the UAE, to receive a full financial licence from ADGMKraken MENA aims to provide seamless access to virtual assets through regulated funding, trading and custodial services in dirhams (AED)ADGM is largest regulated jurisdiction of virtual asset activities in the MENA region With the license granted […]

UAE Mcontent launches Supercar NFT series

UAE MContent launches supercar NFT series, selling the first three in minutes. The NFTs allow buyers to own and drive Mercedes-AMG GT Black Series for a whole month every year when purchasing a bespoke digital and physical artwork by globally renowned NFT artist Idriss B. The supercar NFT launch campaign also showcased digital tutorials from […]