Crystal Intelligence and Dubai Police: A Partnership to Tackle Digital Asset Crimes
As the UAE continues its ambitious embrace of the digital asset ecosystem, Crystal Intelligence, a leader in blockchain analytics and compliance, has partnered with the Dubai Police, General Department of Criminal Investigation. The two entities have signed a Memorandum of Understanding (MoU) to predict and combat economic crimes, focusing on the fast-evolving digital asset space. […]
Iran’s Central Bank Plans Digital Rial Launch and New Financial Strategies
The Central Bank of Iran is preparing to launch its digital currency, the Digital Rial, as part of a broader initiative to modernize the country’s banking system and strengthen international financial cooperation. Mohammad Reza Farzin, Governor of the Central Bank of Iran, revealed these plans during the 11th Annual Conference on Modern Banking and Payment […]
From Power to Profit: How Bitcoin Mining and AI Data Centers Create a New Roadmap for Energy Producers
In the evolving energy landscape, countries with surplus power are rethinking traditional export strategies in favor of new opportunities in the digital economy. Notably, Ethiopia and Oman have shifted toward Bitcoin mining as a profitable way to monetize excess energy. However, with the rising energy demands of AI-driven data centers, a new roadmap is emerging […]
Abu Dhabi Partners with Bitcoin MENA to Shape the Future of Financial Innovation in the Region
The Blockchain Centre in Abu Dhabi has entered into a strategic partnership with Bitcoin MENA to establish the emirate as a leading global hub for digital currencies and assets. This collaboration will launch with the Bitcoin MENA 2024 conference, scheduled for December 9–10, 2024, at the ADNEC Centre in Abu Dhabi. Organized jointly by ADNEC […]
Froehlich Discusses RAK DAO’s Vision Behind the DARe Framework for DAOs
RAK Digital Assets Oasis (RAK DAO) recently unveiled its groundbreaking DAO Association Regime (DARe), a legal framework aimed at empowering Decentralized Autonomous Organizations (DAOs) to operate securely within traditional systems. In an exclusive interview with Unlock Blockchain, Luc Froehlich, Chief Commercial Officer at RAK DAO, shared his vision for how DARe bridges the gap between […]
Tokinvest and SuperWorld Partner to Bring Tokenized RWAs into Real World Locations
Tokinvest, a trailblazing marketplace for real-world asset tokenization and provisional VARA Licensed brokerage, has joined forces with SuperWorld to integrate tokenized RWAs into real-world locations through immersive technology. SuperWorld, a virtual platform overlaying the real world, allows users to create personalized “Worlds” that span Earth. Users can add content, share recommendations for places like hotels […]
Singapore Gulf Bank to Raise $50M and Acquire Stablecoin Payments Firm
Singapore Gulf Bank, a digital-focused bank licensed in Bahrain, is reportedly aiming to secure at least $50 million (RM222.9 million) through an equity funding round. According to sources familiar with the matter, the bank also plans to acquire a stablecoin payments company in 2024 as part of its growth strategy. The bank, launched by Singapore’s […]
UAE Ranks 5th Globally in 2024 AI Index, Surpassing Major Nations
The United Arab Emirates (UAE) has secured the fifth spot in the 2024 AI Index, issued by Stanford University, outperforming several leading nations. The ranking, which saw the United States, China, the United Kingdom, India, and the UAE take the top five positions, highlights the country’s growing leadership in artificial intelligence (AI). France, South Korea, […]
ADGM’s IT Risk Management Guidance: Securing Digital Assets in MENA
As blockchain technology and digital assets continue to reshape the financial landscape, the risks associated with their adoption grow more complex. Institutions in the MENA region, especially those operating within decentralized ecosystems, face challenges in ensuring security, compliance, and operational resilience. Recognizing these needs, the Abu Dhabi Global Market (ADGM) has introduced a comprehensive Information […]
UAE Leads Middle East in Digital Banking Innovation with $3.2 Trillion Assets and Blockchain Integration
The United Arab Emirates (UAE) is solidifying its position as a leader in Middle Eastern banking innovation, commanding the largest share of the region’s $3.2 trillion in banking assets. A new report by Arthur D. Little highlights the UAE’s transformative approach to digital banking and its influence on reshaping the financial industry across the Gulf […]