MENA News
Discover the latest blockchain and crypto news from the MENA region, including updates from Dubai, Abu Dhabi, Bahrain, Qatar, and Oman, covering trends, regulations, and developments shaping the industry
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 has partnered with Aquanow, a locally licensed firm regulated by Dubai’s Virtual Assets Regulatory Authority…
Read More »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 custody solutions for digital assets. This milestone comes as ADGM continues to enhance its position…
Read More »As AI continues to transform industries worldwide, /function1 is launching a unique platform to spotlight AI founders and startups. The event aims to give these innovators the recognition they often lack, while uniting global leaders in AI to drive transformative change. With the AI landscape dominated by a few large players, /function1 focuses on amplifying emerging startups with world-changing potential. The event will foster collaboration among the brightest minds, from…
Read More »Turkish digital bank BankPozitif is set to introduce cryptocurrency custody services, marking a major step in the country’s growing embrace of digital assets. In collaboration with Swiss crypto platform Taurus, the bank aims to provide institutional clients with secure storage solutions for leading cryptocurrencies. Crypto Custody Rollout by Mid-2025 On March 4, BankPozitif announced its strategic partnership with Taurus, confirming that the service is expected to launch by June. Initially,…
Read More »Trescon’s flagship event, HODL 2025 (formerly World Blockchain Summit), the world’s longest-running crypto and web3 summit series, is set to return to Dubai at the Madinat Jumeirah, on 14-15 May, 2025. As a premier platform for blockchain and Web3 innovation, HODL 2025 will bring together 5,000+ Web3 Innovators and Investors, including industry leaders and high-impact decision-makers. This highly anticipated event will showcase impressive advancements in blockchain, crypto, DeFi, and digital…
Read More »Hubpay, a UAE-based cross-border payments platform, has partnered with Aquanow, a digital asset infrastructure provider, to introduce a regulated cryptocurrency payment solution for businesses and SMEs in the UAE. This partnership enables companies in various sectors, including real estate, manufacturing, and general trading, to accept cryptocurrency payments alongside traditional fiat transactions. Aquanow ME FZE operates under Dubai’s Virtual Asset Regulatory Authority (VARA), while Hubpay is regulated by the Financial Services…
Read More »The Stacks Asia DLT Foundation has officially registered with the Abu Dhabi Global Market (ADGM), marking another milestone in the UAE’s growing blockchain ecosystem. This move reinforces ADGM’s status as a global hub for blockchain innovation, attracting leading protocols to establish their presence under its Distributed Ledger Technology (DLT) Foundations Regime. Stacks’ Expansion and Strategic Vision Stacks, the leading Bitcoin Layer-2 platform for decentralized applications and smart contracts, has been…
Read More »Global financial technology company and leading stablecoin issuer, Circle, has achieved a new regulatory milestone with the Dubai Financial Services Authority (DFSA) officially recognizing USDC and EURC as approved crypto tokens within the Dubai International Financial Centre (DIFC). This marks the first time stablecoins have been granted approval under the DIFC’s crypto token framework, further solidifying USDC and EURC’s position as the world’s leading regulated stablecoins. Expanding Stablecoin Adoption in…
Read More »Outlier Ventures, the world’s leading deep-tech Web3 accelerator, has successfully wrapped up its inaugural FutureSpark Base Camp in Riyadh. Conducted in strategic partnership with Saudi Arabia’s National Technology Development Program (NTDP) and supported by NEOM, the accelerator program provided participants with essential resources and expert mentorship to drive Web3 innovation in the region. A Milestone for Saudi Arabia’s Web3 Industry The FutureSpark Base Camp marked Saudi Arabia’s first deep-tech Web3…
Read More »The UAE has positioned itself as a global leader in the digital asset space, attracting major players and fostering a progressive regulatory environment. Unlike many jurisdictions, a UAE digital asset license is not solely intended to serve the local market; rather, it provides businesses with a gateway to international expansion. Many firms that obtain a VARA license, for example, find it easier to secure additional licenses in other jurisdictions, as…
Read More »
