UAE Diamonds Go On-Chain in $280M XRP Ledger Deal
TLDR: Ctrl Alt and Billiton Diamonds launch $280M UAE diamond tokenization on XRP Ledger. XRP Ledger enables secure, low-cost trad...
Bitcoin Mining Helps the UAE Achieve $344 Million in Unrealized Profit
TLDR The UAE has accumulated $344 million in unrealized profit from its bitcoin mining operations. Wallets tied to the UAE Royal G...
UAE sits on $344 million unrealized profit from its bitcoin mining operations
Royal family-linked mining rigs are producing about 4 BTC a day, turning state-backed infrastructure into a steady sovereign bitco...
UAE Accumulates $900M in Bitcoin as $736M Shorts Liquidated
TLDR: UAE reportedly holds over $900 million in Bitcoin during recent market weakness. $736 million in Bitcoin shorts were liquida...
Trump Says He Was Unaware of $500M UAE Investment in World Liberty Financial
Donald Trump said he was unaware of a reported multimillion-dollar investment by an Abu Dhabi royal into the crypto platform World...
Central Bank of the UAE Approves First USD-Backed Stablecoin
The Central Bank of the United Arab Emirates (UAE) said Thursday that it has approved first US dollar-backed stablecoin – dubbed U...
UAE's central bank has approved a USD-backed stablecoin
The USDU stablecoin is issued by Universal Digital, a crypto firm regulated by the Financial Services Regulatory Authority (FSRA)...
StanChart’s Zodia Custody Partners With Dubai Insurance to Launch Crypto Digital...
Zodia Custody founded by Standard Chartered, has partnered with Dubai Insurance to launch a digital wallet for the UAE’s insurance...
EmCoin Signs MoU with Crypto.com to Expand Digital Asset Access for UAE Users
TLDR EmCoin signed an MoU with Crypto.com to enhance user access to digital assets and trading tools. The collaboration aims to in...
The UAE Isn’t Just Regulating Tokenization — It’s Building Its Economy Around It
As other jurisdictions stall in regulatory debate, the UAE is institutionalizing tokenization, moving it to the core of its econom...