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Home » UAE

Tether to launch UAE dirham-pegged stablecoin amid growing demand in the Gulf

September 2, 2024 By Crypto Reporter

Tether, the world’s largest stablecoin issuer, is set to introduce a new digital asset pegged to the United Arab Emirates dirham (AED), marking a significant expansion of its product offerings in a rapidly growing market. This move is part of Tether's broader strategy to diversify its stablecoin portfolio, which already includes tokens pegged to the U.S. dollar, euro, and … [Read more...] about Tether to launch UAE dirham-pegged stablecoin amid growing demand in the Gulf

Coinbase considers UAE as possible strategic hub 

May 10, 2023 By Crypto Reporter

The company is exploring the UAE transformative potential of the cryptoeconomy … [Read more...] about Coinbase considers UAE as possible strategic hub 

UAE Central Bank launches digital dirham strategy

March 31, 2023 By Crypto Reporter

The first stage involves a soft launch of blockchain-bridge for testing international payments and developing solutions for digital currency settlements with India … [Read more...] about UAE Central Bank launches digital dirham strategy

UAE plans to digitally transform its financial sector

February 19, 2023 By Crypto Reporter

Emirati authorities want to achieve a “cashless society” … [Read more...] about UAE plans to digitally transform its financial sector

UAE is set to welcome crypto licensing 

February 26, 2022 By Crypto Reporter

Authorities are ready to issue federal licenses to local virtual assets service providers … [Read more...] about UAE is set to welcome crypto licensing 

UAE Exchange partners with Ripple to launch blockchain-based payments

December 13, 2018 By Crypto Reporter

UAE Exchange, one of the largest remittance firms in the United Arab Emirates, and Ripple have partnered to launch blockchain-based payments in Asia by the first quarter of next year. … [Read more...] about UAE Exchange partners with Ripple to launch blockchain-based payments

Crypto news in brief (December 2, 2018): UAE, FINNEY, bitcoin ETF, Huawei

December 2, 2018 By Crypto Reporter

- UAE aims to transform 50% of government transactions into blochchain platforms by 2021 - Sirin Labs has released its blockchain smartphone, the FINNEY - SEC Chairman Jay Clayton has said he wants to see better market surveillance and custody for cryptocurrencies - Huawei Cloud has announced the global launch of its Blockchain Service (BCS) … [Read more...] about Crypto news in brief (December 2, 2018): UAE, FINNEY, bitcoin ETF, Huawei

News in brief (November 12, 2018): Coinsource, Dubai Blockchain Platform, IBM, Tim Draper

November 12, 2018 By Crypto Reporter

- Coinsource received a Virtual Currency License from the New York State Department of Financial Services - Smart Dubai and IBM announced the launch of the Dubai Blockchain Platform - Tim Draper reaffirmed his prediction that the bitcoin price will reach $250,000 by 2022 … [Read more...] about News in brief (November 12, 2018): Coinsource, Dubai Blockchain Platform, IBM, Tim Draper

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