The Al Jalila Foundation, a United Arab Emirates (UAE) healthcare foundation, has been granted authority to accept digital money, and well-wishers may now contribute through cryptocurrency. Al Jalila Foundation has become one of the first charitable organizations in the United Arab Emirates to accept cryptocurrencies. Unifying the Worlds of Fiat
Dubai is progressing on its journey to transform into a global crypto hub. As of now, the firm will accept only Bitcoin and Ethereum. Binghatti, one of the leading real-estate developers in Dubai, announced in a press release through Khaleej Times on Thursday that it would accept cryptocurrencies as a
Binance pay is a cashless global and secure cryptocurrency payment platform. Majid Al Futtaim operates in 13 countries. Majid Al Futtaim, a Dubai-based shopping mall and retail giant has partnered with Binance, the largest cryptocurrency exchange in terms of the daily trading volume. This collaboration will allow MAF to use
The Abu Dhabi Global Market recently awarded Kraken a license, making the Middle East a popular destination for crypto exchanges. Kraken claims to be the first global virtual asset exchange organization to have a full financial license from the ADGM in the United Arab Emirates. As a result, the Abu
ADGM has performed a major role in regulating and supervising financial services. FTX has also been granted operating permits in Dubai. This is the third regulatory permission for Binance in the Middle East after Bahrain and Dubai, marking another achievement for the world’s largest crypto exchange by trading volume. Another
Russians look forward to liquidating digital assets. Most come up with BTC in their hands predominantly. Facilitates between UAE and Switzerland for liquidation. Weeks are on the pass and yet there seems to be no end for the ongoing raging war of Russia over Ukraine. It’s well known that all
The Dubai World Trade Centre (DWTC) was proclaimed a comprehensive zone. Binance signed an exclusive memorandum of understanding with the DWTC. Government crypto licenses for virtual asset service providers are likely to be issued in the United Arab Emirates by the end of the first quarter. Reports from Bloomberg indicate
Al Fardan, UAE money exchange partners with RippleNet. RippleNet provides blockchain services for Al Fardan. International transfers are all to be done through RippleNet’s blockchain. Almost all sectors have incorporated blockchain and it’s services in either one way or the other. On such a basis one of the most highly
