Global #United Arab Emirates

In a groundbreaking move that underscores the shifting tides of global finance, India and the United Arab Emirates (UAE) have completed a crude oil transaction that bypassed the US dollar entirely, opting instead to utilize XRP, a leading digital asset.

The United Arab Emirates (UAE) has recently implemented a new regulatory framework for cryptocurrency payments. While this move aims to establish a more secure and transparent financial environment, it has also sparked concerns within the crypto industry.

South Korean crypto venture capital firm, Hashed Ventures, is expanding its global footprint by establishing a presence in Abu Dhabi. This strategic move marks a significant development in the United Arab Emirates' (UAE) growing reputation as a crypto-friendly hub.

Cryptocurrency giant Binance has secured a full Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA). This significant development comes after Binance initially received a Minimum Viable Product (MVP) license in July 2023.