Enjinstarter’s AYA Secures a VASP License From VARA
Web 3 Innovations FZE (trading as AYA), the Dubai entity of Enjinstarter, a leading Web3 launchpad and advisory company, announced that it has been granted a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA) to provide Virtual Asset Management and Investment Services. The license is pending operational status, contingent on […]
Forging a Digital Legal Frontier: RAK DAO and ADGM Courts Unite for Innovation
RAK Digital Assets Oasis (RAK DAO), the world’s only common law free zone dedicated to digital asset companies, and Abu Dhabi Global Market (ADGM), the international financial center of the United Arab Emirates capital, operating under a legislative framework rooted in direct English common law, have announced the signing a Memorandum of Understanding (MOU) to […]
Zokyo’s IOTA Registration Marks Landmark in ADGM DLT Compliance, Unveils Zokyo Econ Lab
In one of the latest moves within the blockchain landscape, Zokyo, renowned for its pioneering blockchain security solutions, unveiled its latest stride—the establishment of Zokyo Econ Lab. This innovation hub signifies a pivotal shift towards optimizing token economics, aligning with global industry standards, notably acknowledged by their recent success in registering IOTA under the Abu […]
Saudi Arabia Claims Top Spot in Global AI Competition
The World Artificial Intelligence Competition for Youth (WAICY), hosted at King Abdullah University of Science and Technology (KAUST) from December 2nd to 3rd, witnessed an outstanding triumph by Saudi Arabia, securing the highest number of medals among participating nations. The announcement of the results, revealed by WAICY on X, unveiled Saudi Arabia’s remarkable success, claiming […]
Marathon Digital’s Breakthrough in UAE: 2.5 Exahashes Powering Abu Dhabi’s Crypto Evolution
Marathon Digital Holdings, a prominent player in fortifying the Bitcoin ecosystem, has unveiled its latest data in the world of cryptocurrency. The company, listed as Marathon (NASDAQ:MARA), disclosed its unaudited Bitcoin production and miner installation updates for November 2023, showcasing significant developments in its operational expansion both in the United States and internationally, with a […]
Qatar’s MBK Holding Pioneers $15 Million Investment in UK-Based QANplatform for Blockchain Innovation
MBK Holding, a Qatar-based investment powerhouse, has announced a groundbreaking move in the technology sector, solidifying its commitment to spearheading innovation in blockchain technology. Led by H.E. Sheikh Mansoor Bin Khalifa Al-Thani, a prominent member of Qatar’s ruling family, MBK Holding unveiled its strategic investment of $15 million in QANplatform, an emerging technology startup based […]
Franklin Templeton’s Blockchain Integration and ETF Refiling Unveiled in Abu Dhabi
Jenny Johnson, the CEO of Franklin Templeton, made a significant announcement at the Fortune Global Forum in Abu Dhabi, revealing the firm’s strategic plan to integrate blockchain technology into its financial services. With assets totaling $1.3 trillion under management, the company has taken a crucial step by submitting an updated S-1 proposal for a Bitcoin […]
UAE’s National Day Celebrated with AI-Crafted Stamps
A pioneering set of stamps crafted through the innovative use of artificial intelligence (AI) has been unveiled to celebrate the UAE’s 52nd National Day. In a remarkable first for the region, Emirates Post has introduced a collection of stamps featuring iconic Emirati landmarks like the majestic Sheikh Zayed Grand Mosque and the towering Burj Khalifa. […]
Trust Wallet, the CZ-owned Crypto App, Eyes UAE Expansion
Well before the US government’s call for Binance Holdings Ltd. to pay $4.3 billion in fines and the allegations against founder Changpeng “CZ” Zhao emerged, the crypto exchange had been grappling with substantial regulatory hurdles worldwide. Binance faced setbacks as Australia revoked its license for a derivatives operation and conducted searches at several of its […]
MetaEssence Unveils Digital Twin of Al Fahidi Historical District
Experience the charm of the Al Fahidi Historical District in Dubai, UAE, through a fully replicated digital twin brought to life by MetaEssence. This vibrant neighborhood, steeped in history with coral-stone buildings dating back to the early 19th century, has transformed into a sought-after tourist hotspot, adorned with museums and art galleries. In celebration of […]