Network International and Zand Bank Partner to Enhance Fintech Services in the UAE
Network International (Network), a leading enabler of digital commerce in the Middle East and Africa, has entered into a strategic referral partnership with Zand Bank, the UAE’s first digital bank. This collaboration aims to strengthen and expand financial services for fintechs and startups across the region. The partnership will leverage Network’s expertise in card processing […]
Qatar’s 2024 Digital Assets Regulations Unveiled with Strategic Focus on Real-World Asset Tokenization
Qatar has finally introduced its Digital Assets Regulations 2024, marking a significant milestone in the nation’s strategic adoption of blockchain technology. These regulations, spearheaded by the Qatar Financial Centre (QFC) under the Ministry of Commerce and Industry, set the framework for the tokenization of real-world assets while explicitly excluding cryptocurrencies like Bitcoin. QCB Governor Sheikh […]
UAE Shines in Global Crypto Adoption, Ranks Third in Henley Index 2024
The United Arab Emirates (UAE) has emerged as a top contender in the global cryptocurrency landscape, securing the third spot in the Henley Crypto Adoption Index 2024, just behind Hong Kong and Singapore. With a score of 41.8, the UAE stands out for its tax-friendliness, strong government support, and thriving startup ecosystem, making it an […]
Klumi Ventures and Fuze Join Forces to Drive Web3 Growth in ADGM
Klumi Ventures, the premier blockchain-native Venture Capital Firm and Fund Manager based in Abu Dhabi, has partnered with Fuze, the Middle East’s leading regulated digital assets and blockchain infrastructure provider. The new collaboration aims to seamlessly integrate traditional finance with the rapidly evolving digital assets landscape. This partnership will harness Klumi Ventures’ investment acumen and […]
Binance CEO Teng Denies Palestinian Asset Freeze Claims, Calls Them ‘FUD’
Recently, claims have surfaced that Binance froze the assets of Palestinian users following a request from the Israel Defense Forces (IDF). These allegations are based on a document purportedly from the Israeli government, citing an administrative seizure order under the Law on Combating Terrorism. The document suggests that the seized funds were linked to organizations […]
Crypto Careers on the Rise: Seizing Opportunities in the Digital Asset Boom
The crypto job market is undergoing an unprecedented boom, driven by increasing investment, mainstream adoption, and a growing institutional interest in digital assets. As the industry evolves, the demand for skilled professionals, especially in product and marketing roles, is rising, highlighting both opportunities and significant challenges. The Surge in Demand for Crypto Jobs The rapid […]
OmegaPro Co-Founder Arrested in Turkey Over $4 Billion Crypto Scam
Andreas Szakacs, a co-founder of the cryptocurrency platform OmegaPro, was arrested in Turkey last month, accused of participating in a $4 billion Ponzi scheme, according to Turkish media reports on August 22. Szakacs, a Swedish citizen who later became a Turkish national and changed his name to Emre Avci, has denied the allegations, asserting that […]
Tether’s New AED-Pegged Stablecoin: A Game-Changer for the UAE and Beyond — An Exclusive Interview with CEO Paolo Ardoino
Tether, a dominant player in the stablecoin market, has announced a groundbreaking partnership with Phoenix Group PLC to launch a Dirham (AED)-pegged stablecoin in the UAE. Paolo Ardoino, CEO of Tether, sat down with Unlock Blockchain to discuss this collaboration and the potential impact of the new stablecoin on the global economy, especially in emerging […]
Phoenix Group and Tether to Launch UAE Dirham-Pegged Stablecoin
UAE’s multi-billion dollar tech conglomerate, Phoenix Group PLC, listed on the Abu Dhabi Securities Exchange (ADX), announced its collaboration with Tether, the largest company in the digital asset industry, with plans to launch a stablecoin pegged to the United Arab Emirates Dirham. This collaboration between Phoenix Group and Tether is supported by Green Acorn Investments […]
Major Growth in Blockchain and Crypto Jobs within UAE’s Fintech Sector, ADGM Report Shows
The digital transformation of the financial sector is rapidly reshaping how we interact with money, and at the forefront of this change is the rise of fintech. Short for ‘financial technology,’ fintech is revolutionizing the design and delivery of financial services, with innovations like digital wallets and cryptocurrencies leading the charge. The fintech sector is […]