UAE

DOJ: Changpeng “CZ” Zhao is a Flight Risk and should Remain in the US

DOJ: Changpeng “CZ” Zhao is a Flight Risk and should Remain in the US

US prosecutors have expressed concern over former Binance CEO Changpeng “CZ” Zhao’s potential flight risk.

in CZ by Jana Serfontein
Binance Becomes First to Receive Operational MVP License in Dubai

Binance Becomes First to Receive Operational MVP License in Dubai

Binance FZE, the exchange’s Dubai-based subsidiary, has become the first exchange to receive an Operational Minimum Viab...

in Binance by Jana Serfontein
Crypto Exchange Rain’s Abu Dhabi Unit Expands Services to UAE

Crypto Exchange Rain’s Abu Dhabi Unit Expands Services to UAE

Middle Eastern crypto exchange Rain, backed by Coinbase, announced that its Abu Dhabi unit secured a license to offer cr...

in UAE by Jana Serfontein
UAE Unveiled its CBDC Strategy for the Digital Dirham

UAE Unveiled its CBDC Strategy for the Digital Dirham

The UAE announced this week that it expects to complete the first phase of its CBDC strategy by mid-2024.

in CBDC by Jana Serfontein
UAE Emirate to Launch Free Zone for Digital Asset Firms

UAE Emirate to Launch Free Zone for Digital Asset Firms

Ras Al Khaimah, one of the seven Emirates that make up the United Arab Emirates (UAE), announced the launch of a free zo...

in Business by Jana Serfontein
Abu Dhabi Establishes Crypto Committee

Abu Dhabi Establishes Crypto Committee

The Middle Eastern nation of Abu Dhabi has established a government body to develop a strategy for regulating and promot...

in UAE by Jana Serfontein
Saudi Arabia and the UAE agree to introduce CBDC: results of cross-border digital currency trial

Saudi Arabia and the UAE agree to introduce CBDC: results of cross-border digital currency trial

CBDC is one of the most widely discussed topics in today’s financial industry.

in CBDC by Giorgi Mikhelidze