Tag: UAE

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Maldives invests $8.8 Billion in Blockchain to tackle economic and debt woes

The Maldives finalized an $8.8 billion agreement to develop a Blockchain-centric financial hub, which will surpass the scale of the nation’s entire economy. The...

Ripple gains UAE approval to tap into $400B trade and $40B remittance sectors

The first DFSA license for blockchain-based payments in the UAE was secured by Ripple, granting access to a $400 billion trade hub through regulated...

Coinbase introduces Bitcoin yield fund for institutional investors, targeting 4–8% annual returns

A new Bitcoin investment product targeting institutional investors is being launched by Coinbase Asset Management. In its official April 28 announcement, Coinbase stated that the...

Coinbase unveils Bitcoin yield fund aiming for 8% return with low risk

Coinbase has launched a game-changing Bitcoin Yield Fund that offers strong returns with minimized risk, revolutionizes institutional crypto investing, and sets a new gold...

UAE Leading Bank ‘Emirates NBD’ Uses Blockchain Tech to Prevent Cheque Frauds

Emirates NBD, one of the leading banks in the United Arab Emirates (UAE), has successfully tested ‘Cheque Chain’—a blockchain system that integrates with issued...

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Stablecoin Issuers Replace 40% of China’s Lost US Treasury Demand

As foreign official holdings retreat, crypto firms are identified...

SBI Proposes Stablecoin QR Payments for Japan-Korea Travel

SBI DigiTrust, alongside NICE Information & Telecommunication and DSRV,...

SEC Targets Custody Hurdle for Advisers Providing Crypto Services

Certain crypto assets have remained off-limits for some clients...

HSBC Redcoin to Launch With Transfers and Payments in Hong Kong

Person-to-person transfers and merchant payments will be prioritized initially...

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