CoinMENA Collaborates with Zodia Markets to Enhance Fiat-to-Crypto Liquidity
CoinMENA, licensed in both Bahrain and the UAE (CoinMENA B.S.C. and CoinMENA FZE, respectively), announces a partnership with Zodia Markets. Zodia Markets, a UK-based digital asset trading business backed by Standard Chartered, is renowned for its industry-leading trading infrastructure and operational efficiency. This partnership aims to enhance liquidity and reduce slippage on high-volume trades for […]
Medad Holding and Franklin Templeton Forge Strategic Partnership to Introduce Yieldcoin Innovation in the UAE
Medad Holding and Franklin Templeton have united in a groundbreaking partnership set to transform the financial landscape of the United Arab Emirates (UAE). This collaboration is centered on introducing a pioneering tokenized digital asset – the yieldcoin. Yieldcoins represent a fusion of traditional financial instruments with cutting-edge blockchain technology, offering investors a new paradigm for […]
From LA to Riyad, Outer Edge Innovation Summit debuts in Saudi Arabia in Partnership with Animoca Brands and KACST
Outer Edge, one of the pioneer events in the world of Web 3, tech, culture, and entertainment, today announced a partnership with Animoca Brands, the company advancing digital property rights for gaming and the open metaverse, and King Abdulaziz City for Science and Technology (KACST), the national labs of the Kingdom, to debut Outer Edge […]
Teng’s Tenacity Pays Off: Binance Secures Full VASP License from VARA
Richard Teng, leading Binance in the wake of regulatory turbulence, has secured a significant victory: the much-anticipated full crypto license from VARA in Dubai. Binance FZE, the Dubai entity of the world’s leading global virtual assets services provider, today announced that it has received the Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets […]
Varys Capital Ventures (CEIC) Limited Prepares for Launch in ADGM
Varys Capital (“Varys”) has announced a strategic collaboration with FundRock Investment Management Services (ME) Ltd (“FundRock”), a fund management firm licensed by the FSRA. Together, they will oversee the management of Varys Capital Ventures (CEIC) Limited, a feeder fund operating within the Abu Dhabi Global Market (ADGM). This feeder fund will allocate its assets into […]
Microsoft Invests $1.5B in UAE’s G42 Signaling Strategic Shift Away from China
Microsoft (MSFT.O) is making a major move in the realm of artificial intelligence (AI) by investing $1.5 billion in the United Arab Emirates-based firm G42. This investment not only secures Microsoft a minority stake in G42 but also grants the tech giant a seat on G42’s board, facilitating deeper collaboration between the two entities in […]
INABLR Middle East Redefines Bahrain’s Legacy of Financial Innovation with Fractional Sukuk Advancements
INABLR Middle East W.L.L (INABLR) stands at the forefront of Bahrain’s rich legacy in Islamic finance, as it successfully graduates from the Central Bank of Bahrain’s (CBB) Regulatory Sandbox, unveiling a groundbreaking Proof of Concept (POC) for fractionalized Sukuk (Islamic Bonds). This milestone not only signifies a leap forward for INABLR but also underscores Bahrain’s […]
Karak Network: Pioneering Universal Restaking Goes Live in UAE
Karak Network, a groundbreaking blockchain solution developed by Andalusia Labs Ltd., a company registered in Abu Dhabi Global Market (ADGM), has made a significant splash in the industry. Just months after securing a hefty $48 million investment round in December 2023, Karak went live in April 2024, showcasing their innovative approach to blockchain security. Billion-Dollar […]
BitOasis Back in Business: Resuming Operations After Meeting Regulatory Requirements
In a welcome development for cryptocurrency enthusiasts in the MENA region, BitOasis has announced the resumption of services for new retail and corporate customers, effective April 12, 2024. This follows a period of regulatory scrutiny addressed in collaboration with Dubai’s Virtual Assets Regulatory Authority (VARA). Established Player with a Commitment to Compliance Founded in 2016, […]
Crypto.com Receives Full Operational License from VARA
Crypto operator Crypto.com has proudly announced its attainment of a full operational license from Dubai’s Virtual Assets Regulatory Authority (VARA) on April 3, 2024. This milestone marks a pioneering achievement for Crypto.com, as it becomes the premier global crypto operator to secure operational status with fiat capabilities in the United Arab Emirates (UAE). The scope […]