CoinMENA and Standard Chartered Expand Digital Asset Collaboration in UAE
CoinMENA formalized a banking agreement with Standard Chartered to strengthen the fiat payment infrastructure for its users in the United Arab Emirates.
United Arab Emirates (Latest Publications)
Payward Wins VARA Authorization, Opening the Door for Kraken’s UAE Expansion
TL;DR: Payward received preliminary approval from VARA in Dubai to operate as a broker-dealer with investment and management license. Clients in the United Arab Emirates will
DIFC Approval Fuels Market Debate on XRP’s Growing Regulatory Standing
TL;DR Ripple Middle East Limited has been incorporated as a company within the Dubai International Financial Centre (DIFC). The license granted by the DFSA allows for
KAIO Secures $8M From Tether to Tokenize Regulated Emirati Investment Funds
TL;DR: KAIO raised $8 million in a strategic round led by Tether, bringing its total funding to approximately $19 million. The firm tokenizes institutional funds from
UAE’s Utexo Secures $7.5M Seed in Tether-Led Round
TL;DR: Utexo, a blockchain infrastructure startup based in the UAE, raised $7.5 million in a seed round led by Tether. The platform enables native USDT settlements
TON Scraps Dubai Ecosystem Event Due to Heightened Regional Security Risks
TON canceled its Gateway Dubai conference, scheduled for May 1 and 2, 2026, due to the escalation of the conflict in the Middle East.
Ripple Director Points to Turkey, Nigeria and UAE for the Next Wave of Crypto Expansion
TL;DR: Ripple identified Turkey, Nigeria, and the UAE as priority markets for the global expansion of its stablecoin RLUSD. Stablecoin transaction volume reached $33 trillion in
Bybit Expands Middle East Footprint Despite Regional Strains
TL;DR: Bybit appointed Derek Dai as country manager for MENA, seeking to strengthen its position in the UAE amid heightened geopolitical tensions. Co-CEO Helen Liu stated
XRP Ledger Secures $280 Million Diamond Tokenization Initiative With Ripple Participation
TL;DR Billiton Diamond and Ctrl Alt tokenized more than $280M in certified diamonds on the XRPL, representing over AED 1 billion in assets held in the
UAE Endorses AE Coin for Government‑Level AED Payment Settlement
TL;DR The federal government of the United Arab Emirates authorized AE Coin as a payment method for public fees and services, backed by dirhams and approved
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