Dubai Land Department Pioneers Real Estate Tokenization in the Middle East with Pilot Launch
In a strategic move to reinforce Dubai’s leadership in property technology and in alignment with the Dubai Real Estate Sector Strategy 2033, the Dubai Land Department (DLD) has officially launched the pilot phase of its Real Estate Tokenization Project. This initiative makes DLD the first government real estate registration authority in the Middle East to […]
DFSA’s Tokenization Sandbox: Where It Stands in the UAE’s Digital Asset Market?
The Dubai Financial Services Authority (DFSA) has launched its Tokenization Regulatory Sandbox to encourage financial innovation while ensuring regulatory oversight. This initiative allows firms to test tokenized investment products and services within the Dubai International Financial Centre (DIFC) under controlled conditions. Unlike other UAE regulators, DFSA focuses on investment tokens, positioning itself as a testing […]
Doha Bank Unveils Fintech and Innovation Hub to Drive Qatar’s Digital Transformation
Doha Bank has unveiled its Fintech and Innovation Hub, a new initiative aimed at accelerating financial innovation in Qatar and supporting the Qatar Central Bank’s (QCB) vision for fintech excellence. This strategic move reinforces Qatar’s growing position as a global leader in financial services and technological advancement. A Hub for Innovation and Collaboration The Fintech […]
Crypto.com Secures UAE License to Offer Derivatives Under VARA Oversight
Crypto.com has been granted a limited license by Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivatives trading services in the United Arab Emirates (UAE). This move marks a significant expansion of Crypto.com’s presence in Dubai and strengthens its position as a key player in the region’s virtual asset ecosystem. Expanding Derivatives Offerings in the […]
Bahrain’s Approach to Crypto Regulation: Insights from the Finance Minister
As cryptocurrency continues to evolve, Bahrain is positioning itself as a forward-thinking hub for digital assets. With a strong commitment to regulating the sector, the country is balancing financial innovation with the need for investor protection. In a recent parliamentary session, Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa outlined Bahrain’s approach […]
Ripple Secures DFSA License to Offer Crypto Payments in DIFC
Ripple has secured approval from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments and services within the Dubai International Financial Centre (DIFC). This makes Ripple the first blockchain-enabled payments provider to be licensed by the DFSA. This approval marks Ripple’s first regulatory license in the Middle East, reinforcing its ongoing commitment to […]
Abu Dhabi’s MGX Enters Crypto Market with $2B Investment in Binance
Binance, the world’s largest cryptocurrency exchange, has secured a $2 billion investment from Abu Dhabi-based MGX, marking the exchange’s first institutional funding round. This investment, made in stablecoins, is also MGX’s first foray into the cryptocurrency and blockchain sector, securing a minority stake in Binance. Strengthening Binance’s Global Position The deal highlights Binance’s dominant position […]
ATME Completes First Tokenized Asset Issuance with 1 Kg Gold-Backed Tokens
ATME, a digital assets exchange licensed by the Central Bank of Bahrain (CBB), has achieved a significant milestone in its mission to transform capital markets. The company has successfully completed its first issuance of tokenized real-world assets (RWAs), with gold-backed tokens marking a groundbreaking step in the Kingdom’s financial sector. With the support of the […]
Emirates NBD Becomes First Tier-One Bank in UAE to Offer Crypto via Liv X
Dubai’s largest bank, Emirates NBD, has expanded its digital banking services with the launch of a retail cryptocurrency offering via its Liv X mobile banking app. The initiative, spearheaded by Liv Digital Bank, marks a significant step toward integrating digital assets into mainstream financial services in the UAE. To facilitate this offering, Liv Digital Bank […]
Tungsten Custody Solutions Gains Approval to Custody Toncoin (TON) in ADGM
Tungsten Custody Solutions, a prominent regulated digital asset custodian, is proud to announce that it has received regulatory approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to provide custody services for Toncoin (TON). This approval reinforces Tungsten’s reputation as a trusted custodian for institutional clients seeking secure and compliant […]