VARA and ADGM policy, exchange licensing, tokenization, and the UAE’s rise as a Web3 hub.
With the establishment of Dubai's VARA in 2022, UAE has snagged the global spotlight, attracting crypto businesses and talents.
Tether's move comes as UAE stepped up its regulatory effort for fiat-pegged digital assets.
The Falcon Gate fund reflects UAE's ambition to become a top crypto hub.
The decision contrasts sharply with a similar case in 2023, in which the same court dismissed a claim involving EcoWatt tokens.
Ripple is also considering setting up a XRPL Foundation to boost the blockchain network growth.
The initiative seeks to bolster collaboration between government entities and the logistics industry.
UAE's first digital bank Zand partners with Swiss firm Taurus to offer crypto services.
Binance has prioritized compliance after settling its legal issues with US authorities last year.
The partnership aims broaden ADGM's blockchain and Web3 ecosystem in Abu Dhabi by exploring joint initiatives and projects.
