First Abu Dhabi Bank Partners with Libre Capital for Blockchain-Based Collateralized Lending
First Abu Dhabi Bank (FAB) has entered into a Memorandum of Understanding (MoU) with Libre Capital, a tokenization specialist supported by WebN Group and Nomura’s Laser Digital, to explore blockchain-based collateralized lending using real-world asset (RWA) tokens. Since its launch in March, Libre has tokenized approximately $150 million worth of assets, including Brevan Howard funds, […]
ADGM and Polygon Labs Join Forces to Establish International Disclosure Standards for the Blockchain Space
ADGM and Polygon Labs, an international software development company, have announced a new collaboration. The partnership focuses on advancing blockchain innovation by developing international disclosure standards. These standards aim to ensure transparency, security, and trust within the Web3 and broader blockchain ecosystem. This initiative builds on ADGM’s pioneering Distributed Ledger Technology (DLT) Foundations Regulations—the first […]
Circle Expands into the Middle East with ADGM Incorporation and Strategic Partnership with LuLu Financial Holdings
Circle Internet Group, Inc., a global digital financial technology firm, is pleased to announce the incorporation of an entity in the ADGM, a key milestone in its strategic expansion into the Middle East and Africa. Circle has also entered into a partnership with LuLu Financial Holdings (‘LuLuFin’), and its affiliates, one of the largest financial […]
Abu Dhabi Hosts Groundbreaking Events as Part of Abu Dhabi Finance Week 2024
As part of the highly anticipated Abu Dhabi Finance Week (ADFW), two pivotal events—Bitcoin MENA 2024 and the Abu Dhabi Economic Forum (ADEF)—highlighted Abu Dhabi’s position as a leading global hub for finance and technology. These events kicked off with packed agendas, drawing thousands of participants, influential global leaders, and top-tier experts to explore transformative […]
BitOasis Secures Full VASP License from Dubai’s VARA
BitOasis, the Middle East and North Africa’s (MENA) leading regional virtual assets broker-dealer trading platform, announced receiving a full Virtual Asset Service Provider (VASP) License from Dubai’s Virtual Assets Regulatory Authority (VARA), following the company satisfying all relevant regulatory conditions and requirements. BitOasis said it will seamlessly transition to operating under its new license with […]
Deus X Pay Rebrands to Accelerate International Payments with Stablecoin Solutions
Deus X Pay, a regulated institutional stablecoin payment provider, announces its new brand, with a mission is to transform international payments by breaking down traditional barriers and delivering finance without friction. Formerly operating as HAYVN, Deus X Pay has transformed its focus to cater to institutional clients, businesses, and corporations. The company is dedicated to […]
Iran Signals Shift Toward Pro-Crypto Regulations to Leverage Economic Benefits
The Iranian government is signaling its intent to embrace crypto assets through regulatory measures rather than imposing outright restrictions, according to Abdolnaser Hemmati, Iran’s Minister of Economic Affairs and Finance. During a national event on Saturday, Hemmati emphasized the government’s goal to mitigate the adverse effects of cryptocurrencies on the economy while capitalizing on their […]
Unlock Blockchain Presents Finance 3.0 – Bridging Finance’s Greatest Divide
The financial world is evolving at an unprecedented pace. In this moment of transformation, Unlock Blockchain introduces Finance 3.0, a regional event designed to lead the conversation on the convergence of Web3 innovation and traditional finance. Scheduled for April 29, 2025, in the UAE, this event places the country’s pioneering efforts in the spotlight. The […]
BTC MENA 2024: Abu Dhabi Welcomes a Pivotal Bitcoin Event
As BTC MENA 2024 approaches, excitement is building for what promises to be a milestone event in the Bitcoin world. In an exclusive interview with Brandon Green, Chief of Staff at BTC Inc., we explored the significance of the event, Bitcoin’s transformative year, and why Abu Dhabi is the ideal host for this pivotal gathering. […]
Scintilla Strengthens Tokenization Engine and Expands VARA-Regulated Services Following Strategic Acquisition
Scintilla, a digital asset firm, has unveiled significant upgrades to its tokenization engine. This development follows the completion of its acquisition of VARA-regulated TOKO Network, a tokenization solutions provider previously owned by global law firm DLA Piper. While the TOKO license has remained active since its issuance, no significant activities have been highlighted since the […]