Regulatory initiatives such as the UAE Central Bank’s move to give legal clarity to payment token issuers through its Payment Token Services Regulation are accelerating the shift
Blockchain
Latest in Blockchain
Blockchain
Dubai real estate: MAG, MultiBank and Mavryk team up to tokenise $3bn of luxury property
Blockchain innovators and Dubai real estate developer sign $3bn property investment tokenisation deal
ADQ
UAE to launch Dirham-backed stablecoin
Dirham-backed stablecoin launched in the UAE will enable simple digital payments
Bitcoin
Crypto market: Retail participation in the sector predicted to see a major boost in Bitcoin as a result of Trump’s IRS overturned
Bitcoin prices shot up in early trading hours on Monday, April 28, to cross the $94,000 mark, touching $94,083 briefly, gaining close to 8% in 7 days
Blockchain
RockawayX launches UAE HQ, unveils Solana City to position Dubai as global blockchain hub
RockawayX’s arrival in Dubai aligns with the UAE’s national priorities: blockchain, artificial intelligence, and sustainability
Artificial intelligence
Google-backed AI firm NeurochainAI teams up with W Chain for smart payment solutions
W Chain and NeurochainAI will combine forces to offer smart global payment tools, with real-time fee adjustment and fraud detection features
alternative assets
New Zealand’s Evolution Stables teams up with Tokinvest for tokenised racehorse leases ahead of Dubai World Cup
Digital syndication enables racehorse owners to lease out stakes while retaining full control and ownership
Blockchain
Dubai real estate: DLD launches new property tokenisation project in Middle East’s first
DLD forecasts that the real estate tokenisation sector will reach AED60 billion by 2033, representing 7 percent of Dubai’s total real estate transactions
alternative assets
EXCLUSIVE: Dubai’s once-elite racehorse market now open for fractional ownership with digital tokens
The tokenised ‘syndicated ownership’ model for the sector will Simplify asset management and enhance liquidity by making fractional shares of racehorses transferable
Bitcoin
ATS Travel to accept payment in crypto after Payhound partnership
The travel agency claims to become the first in the Middle East to accept cryptocurrency as a form of payment
binance
Abu Dhabi’s MGX invests $2bn in Binance in world’s largest ever crypto deal
Binance partners with Abu Dhabi-based MGX on historic record-breaking $2bn investment
Bitget
Crypto exchange major Bitget to make Dubai as hub for its next phase of global expansion
The company has sought a licence from Dubai VARA for a massive expansion of its operations
Blockchain
Analysis: Inside the $1.5bn Bybit hack – ‘The largest digital heist in crypto history’
Data shows that North Korean hackers stole $1.34 billion across 47 incidents last year – a figure now eclipsed by this one breach
Blockchain
Tokinvest report highlights Dubai’s role in real-world asset tokenisation
With its clear regulatory framework and emphasis on web3 and innovation, Dubai has positioned itself as a crucial hub in the tokenisation revolution
Blockchain
UAE’s crypto regulation offers model for others as new report reveals rising extremist funding in Europe: Experts
A new report suggests that Europe’s crypto extremism problem is growing faster than anyone expected
Blockchain
Dizzaract Games launches as Middle East’s largest game development studio
The company also pioneering AI integration in gaming
Blockchain
Sigma Capital launches $100mn fund for Web3 acceleration
The fund will support early-stage venture investments in areas including DeFi, blockchain, real-world asset tokenisation, gaming and the metaverse