How to
From petrodollars to ETFs, oil-rich investors are entering Bitcoin via regulated rails, deepening liquidity while reshaping market structure.
1259
UAE News
The UAE, or the United Arab Emirates, is a federal state composed of seven states located in the Near East. The UAE has a strong economy and currently is thirteenth in the world by GDP due to its oil production. In terms of Bitcoin, the UAE government created a legal framework in 2016 that has become the foundation for future cryptocurrency regulation. Despite these regulations prohibiting payment services from providing transactions in Bitcoin, the new law, in accordance with the Central Bank, can be interpreted differently, depending on certain situations. However, the country is a great platform for innovation. The UAE has recently accepted the UAE Blockchain Strategy in order to become one of the most advanced countries in the blockchain technology sphere.
- News
Abu Dhabi is anchoring Bitcoin for institutions, while Dubai builds payments, stablecoins and Web3 use cases into daily commerce.
1898 - News
The MoU marks a cautious step toward real-world stablecoin payments in the UAE, with e& assessing how AE Coin may integrate into its digital channels.
1576 - News
The digital assets company is one of many to seek regulatory approval from UAE authorities or attempt to expand their services into a region drawing them in.
1489 - News
Mubadala Capital teams up with Kaio to test tokenized access to private market strategies, signaling growing sovereign interest in onchain real-world assets.
2053 - News
Circle has secured a license in Abu Dhabi, enabling it to operate as a licensed Money Services Provider as the UAE accelerates its rollout of crypto regulations.
2530 - News
ADGM’s recognition of USDT as an accepted fiat-referenced token lets licensed companies offer regulated custody, marking a step for stablecoins in the UAE.
5351 - News
Binance’s international operations and liquidity will now be supervised end-to-end by the Financial Services Regulatory Authority in the financial free zone in Abu Dhabi.
1986 - News
Further and 3iQ have launched a $100 million market-neutral crypto hedge fund for institutions, including a Bitcoin share class that reinvests gains in BTC.
2429 - News
Ripple’s dollar-backed stablecoin secures a major regulatory win as Abu Dhabi allows licensed firms to use RLUSD inside its international financial center.
3088 - News
Federal Decree Law No. 6 expands the UAE central bank’s authority over DeFi, ending the “just code” defense and imposing penalties of up to $272 million.
5351 - News
BlackRock’s spot Bitcoin ETF share price is down almost 23% since the end of the third quarter.
7446 - News
HSBC is the latest megabank to double down on tokenized deposits versus stablecoins by preparing for new launches in the US and the UAE next year.
4065 - News
The United Arab Emirates' central bank digital currency pilot has made its first transaction, reportedly completed in under two minutes.
7024 - News
Richard Teng said Binance "didn’t partake" in the decision for an Abu Dhabi-based company to use World Liberty Financial's USD1 for a $2 billion investment into the exchange.
12591