UAE

Dubai's VARA issued a circular requiring VASPs to follow AML/CTF. Dubai Virtual Assets Regulatory Authority (VARA) issued a circular urging that VASPs comply with FATF's amended…

The UAE has granted in-principal sanction to AED Stablecoin LLC to launch AE Coin. For the sake of security and to enhance the user experience in the Middle East, the stablecoin will be…

AED Stablecoin is the leading candidate to introduce the United Arab Emirates' first regulated dirham-pegged token, as Tether waits in the wings. AED Stablecoin has been provided with…

Starting November 15, 2024, the UAE has exempted crypto transfers and conversions from VAT. Value Added Tax (VAT) rules have been changed by the Federal Tax Authority (FTA) of the UAE.…

The sanction of Ripple by the Dubai Financial Services Authority has extended its global presence and strengthened its enterprises. In an Oct. 1 statement, Ripple announced that it has…

Tether's other stablecoins, such as those pegged to the US dollar (USDT), the European euro (EURT), Mexican pesos (MXNT), Chinese yuan (CNHT), and Tether Gold (XAUt), which monitors the…

The UAE's Central Bank has given its stamp of approval to a rule that will govern the licensing and oversight of stablecoins. There have been rumors circulating that the UAE Central Bank…

The United Arab Emirates is only the beginning of where this partnership hopes to take AI solutions, which will eventually reach governments and corporations throughout the world. …

Chiliz, a supplier of sports blockchain, has entered into a multi-year partnership with the UAE Pro League. The top professional football league in the UAE, the UAE Pro League (ADNOC Pro…

In a historic $13 million CBDC transaction, the UAE and China challenged the dollar's supremacy in Asia. A cross-border transaction between the United Arab Emirates and China has just…