The Global Protocol Report: A Thorough Examination of Blockchain Protocols that Aids in WEB3 Decision-Making
Crypto Oasis, Crypto Valley, the DLT Science Foundation, and Inacta Ventures have forged a groundbreaking initiative aimed at addressing the Blockchain Trilemma. The entities united to unveil the Global Protocol Report at The Hub of Casper Labs in Davos on the 17th of January 2024. The report offers granular insights and evolving analyses of Distributed […]
M2’s CEO Addresses Strategic Queries About the Exchange in Telegram AMA Session…What Did He Say?
In an engaging Live Telegram Ask Me Anything (AMA) session held on January 17th, M2’s CEO, Stefan Kimmel, provided valuable insights into the strategic vision and future plans of M2, addressing queries from the community. Several topics were brought up: Building Liquidity and Expanding Cryptocurrency Support Responding to concerns about the exchange’s liquidity, Kimmel emphasized […]
President MBZ of the UAE Launches AI and Advanced Technology Council to Transform Abu Dhabi Into Technological Leader
President Sheikh Mohamed bin Zayed Al Nahyan of the UAE has finally declared the establishment of the Artificial Intelligence and Advanced Technology Council (AIATC). Tasked with formulating and executing policies and strategies surrounding research, infrastructure, and investments in artificial intelligence (AI) and advanced technology, the AIATC aims to transform Abu Dhabi into a technological leader. […]
VARA Turns Dubai Into Premier Hub for Safe Virtual Transactions
In 2023, the virtual assets landscape faced considerable volatility, yet it proved to be a testament to the significance of a secure, traceable, and trustless Virtual Assets (VA) network, shaping the foundation for a resilient Future Economy. Dubai’s Virtual Assets Regulatory Authority (VARA) actively responded to the dynamic shifts in blockchain and hybrid finance, dedicating […]
SC Ventures Expands Presence in UAE with ADGM Entry
In the aim of accessing the vibrant technology and business innovation ecosystem of the United Arab Emirates (UAE), SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, is set to establish a presence in the Abu Dhabi Global Market (ADGM), the International Financial Centre (IFC) of the UAE’s capital. Gautam Jain, a […]
Dubai-Based Encryptus Partners With Liminal to Bridge Gap Between Crypto and Fiat
Liminal, a digital asset custody and wallet infrastructure provider, has announced a strategic partnership with Dubai based Encryptus, a pioneer in providing comprehensive fiat off-ramp solutions. This collaboration aims to transform the digital asset space by offering a compliant and consolidated pathway for institutions to convert crypto to local currencies seamlessly. It will also enable […]
Revolutionizing Database Backup: Genesis Technologies and BRI ME Unveil Cutting-Edge Blockchain Solution
In a groundbreaking collaboration, Genesis Technologies and BRI Middle East have introduced an advanced blockchain solution for distributed database backup, marking a significant milestone in data protection. This innovative partnership not only fortifies security measures but also brings about notable improvements in data availability and reliability. By harnessing blockchain technology, downtime has been drastically reduced, […]
Plus500 Obtains License From DFSA, Fortifying Strategic Expansion in the UAE
Global multi-asset fintech group Plus500 has secured regulatory license approval from the Dubai Financial Services Authority (DFSA). Through its subsidiary, Plus500AE, situated in the Dubai International Financial Centre (DIFC), the FTSE 250 listed company aims to leverage this license to offer a more localized and user-friendly experience to the dynamic UAE market, which boasts over […]
Interview with OKX MENA GM as Crypto Exchange Secures VASP License
OKX Middle East Fintech FZE, the Dubai subsidiary of OKX, a leading cryptocurrency exchange and Web3 technology company, has announced the acquisition of a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA) for VA Exchange Services. While the license is currently non-operational, pending the fulfillment of all remaining conditions […]
CoinMENA and Onramp Bitcoin Forge Strategic Partnership to Elevate Bitcoin Education and Custodial Solutions in MENA Region
CoinMENA, a prominent cryptocurrency platform in the Middle East and North Africa (MENA) region, has revealed a strategic collaboration with Onramp Bitcoin, an international Bitcoin asset management company with a foundation in multi-institution custody. Onramp’s platform offers top-notch products and solutions tailored for High Net Worth Individuals (HNWI), Family Offices, and Institutions seeking a well-guided […]