Trading
A $1.45 billion Bitcoin fund is soon listing on NASDAQ Dubai
3IQ's rapidly-growing Bitcoin Fund turns its sights to the Middle East.
Liam Frost 2 min read
UAE News
VARA and ADGM policy, exchange licensing, tokenization, and the UAE’s rise as a Web3 hub.
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Investments
Major Dubai crypto fund to sell $750M worth of BTC to buy Cardano and Polkadot
FD7 Ventures, a Dubai-based crypto investment fund with $1 billion under management, has announced plans to sell off $750 million worth of their Bitcoin…
Scams
Rolls-Royce, Gucci-flaunting scammers caught after FBI analyzes Bitcoin trail
Two Nigerian scammers were held last week after hatching an elaborate fraud to steal “$435 million around the world” using illicit emails, luxury brand…
Latest UAE Crypto News & Analysis
Exchanges
BitOasis on track to become a regulated crypto-exchange in the Middle East
Cryptocurrency exchange BitOasis is on track to receive a license to operate in the Middle East after being granted in-principle approval (IPA) from the…
Analysis
Analysis of UAE and Saudi Arabia’s Government Cross-Border Payments Cryptocurrency
The United Arab Emirates and its neighbor Saudi Arabia launched a government-backed cryptocurrency to facilitate cross-border payments. The launch was part of a seven-point co-operation…
Adoption
Analysis: Ripple Remittance Channels to Open on UAE Exchange Q1 of 2019
UAE Exchange, one of the leading global money transfer and exchange solutions, plans to implement RippleNet into its service by Q1 of 2019. The…
Adoption
UAE Government Accepts Cryptocurrencies as Securities, to Legalize ICOs in 2019
The United Arab Emirates is spearheading cryptocurrency adoption in the Gulf region and intends to introduce initial coin offerings (ICOs) as a legal means-of-fundraising…
Adoption
Dubai to Launch State-Issued Stablecoin, Partners with Pundi X for Distributing PoS Terminals
Dubai’s credit agency announced an official partnership with cryptocurrency-payments provider Pundi X on Oct. 8, according to an official release. Pundi X Brings State-Backed…
Adoption
Dubai to Launch Blockchain-Based Legal System
The Dubai International Financial Center announced the launch of a new initiative in partnership with the Smart Dubai project to establish the world’s first…
