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Search Results for: fiat currency

Transak Partners with Ronin to Simplify Fiat-to-Crypto Onboarding and NFT Purchases

Transak, a fiat-to-crypto onboarding provider trusted by over 350 companies, including Coinbase, Uniswap, and Metamask has announced its collaboration with Ronin, an EVM-based blockchain built specifically for gaming with over $147M TVL (Source).  Now live on Ronin, Transak’s fiat-to-crypto infrastructure allows users to easily buy $RON, $USDC, $WETH, and $SLP with fiat

January 10, 2025 5 mins read

MEXC Expands OTC Services With Euro Fiat Trading, Enhancing Accessibility for European Users 

 MEXC, a global leader in cryptocurrency trading platforms, has launched euro (EUR) support for its Over-the-Counter (OTC) trading service. This strategic expansion enhances cryptocurrency accessibility for European users by streamlining the process of purchasing with their local fiat currency. With the addition of EUR, MEXC now supports 17 major fiat

January 6, 2025 2 mins read

Transak Revolutionizes Crypto-to-Fiat with ‘Stream’ for Instant One-Click Fiat Conversions

Leading Web3 payments infrastructure provider in the world Transak has officially introduced Transak Stream, a ground-breaking innovation that completely reimagines the crypto-to-fiat off-ramping experience. Stablecoin and cryptocurrency conversions to fiat are made as easy as moving a token between wallets with this new product’s unparalleled simplicity. Consider this: A Web3 wallet user wishes

December 13, 2024 5 mins read

Crypto.com Launches AED Fiat Wallet for UAE Users, Enabling Fee-Free Deposits

Crypto.com is pleased to announce that the AED Fiat Wallet is now accessible to users in the United Arab Emirates. In order to purchase and sell cryptocurrency, users who have a phone number in the United Arab Emirates may now effortlessly deposit and withdraw AED into their Crypto.com account. Users are

December 11, 2024 3 mins read

Binance Unveils Revamped Binance Connect for Seamless Fiat-to-Crypto Web3 Projects

Binance, the global blockchain ecosystem that is behind the world’s biggest crypto exchange in terms of trading volume and users, made an announcement today about the revamp of Binance Connect. The purpose of this overhaul is to deliver an innovative solution that is designed for Web3 projects and facilitates efficient transfers from fiat to

October 25, 2024 3 mins read

Abu Dhabi Proposes Regulatory Framework for Fiat Referenced Tokens

Abu Dhabi is taking significant steps towards regulating fiat-referenced tokens (FRTs), a specific type of stablecoin. The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) introduced a proposed framework on August 20. It aimed at overseeing the issuance and operation of FRTs.  FRTs are digital assets

August 21, 2024 2 mins read

Dubai Court Validates Cryptocurrency Wages in Landmark Ruling

The decision by the Dubai Court of First Instance to acknowledge crypto wage payments as legitimate under employment contracts is a major development in the UAE judiciary’s views on crypto. According to Irina Heaver, a partner at the UAE legal company NeosLegal, the decision in case number 1739 of 2024

August 16, 2024 1 min read
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