HashKey Group has officially launched HashKey Global MENA upon being granted a Virtual Asset Service Provider (VASP) license from the Virtual Assets Regulatory Authority (VARA) in Dubai. This is a significant milestone in HashKey’s growth strategy in the Middle East, and it makes the company a prominent player in the
UAE, April 21, 2025 – Coinstore, the leading cryptocurrency exchange, has reached 10 million registered users worldwide, marking a significant milestone in its growth journey. This achievement is more than just a number—it reflects Coinstore’s rapid momentum and expanding presence in the crypto industry. To commemorate this extraordinary achievement, Coinstore
Ripple, the world leader in enterprise blockchain and crypto technology solutions, has received approval from the Dubai Financial Services Authority (DFSA). The new license allows to provide regulated crypto asset services and payment solutions to the Dubai International Financial Centre (DIFC). Ripple has become the first blockchain-enabled payments provider to
Crypto regulation has always been one of the essential but hard to implement things in the crypto space. While some countries didn’t place clear regulations to follow, others maintained stringent regulatory policies when it comes to digital currencies. However, crypto regulation took front seat across the globe following Trump’s presidency
The past day has seen an interesting turn of events in the cryptocurrency sector. With the fast-approaching change in the US administration, Bitcoin has reclaimed its $98K level positioning itself for an incoming bull run. Meanwhile, the regulatory landscape has seen activity as well, with the SEC’s latest move against
The UAE is witnessing a remarkable surge in cryptocurrency investments. According to a recent eToro survey, 37% of UAE investors plan to increase their crypto investments in 2025. Bitcoin and stablecoins, such as Tether, continue to dominate the market. From 2023 to June 2024, the UAE saw a $34 billion
The U.S. Treasury Department, in coordination with the UAE, has imposed sanctions on two Chinese nationals and a UAE-based company for their involvement in laundering millions in cryptocurrency for North Korea. This action underscores the U.S. commitment to countering financial networks that support North Korea’s illicit activities. The Treasury’s Office
The UAE’s Ras Al Khaimah Digital Assets Oasis (RAK DAO) plans to introduce a legal framework for decentralized autonomous organizations (DAOs). This framework will be discussed at the DAO Legal Clinic, an event organized by the law firm NeosLegal, on October 25. Significantly, the new framework aims to clarify the
The Central Bank of the UAE has granted in-principal approval for the first AED stablecoin. Furthermore, this milestone, announced on October 13, 2024, marks a significant advancement in the UAE’s digital currency landscape. The stablecoin will be pegged to the UAE dirham, aiming to provide stability for digital transactions. Al
Ripple, the company behind the leading cryptocurrency XRP, has obtained in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its blockchain-based payment services in the United Arab Emirates (UAE). According to the official announcement, this approval would lead Ripple to operate from the Dubai International Financial Centre (DIFC).
