News list for " Emirates"

Dubai's largest bank, Emirates NBD, has launched a cryptocurrency trading service

Emirates NBD, one of Dubai's largest banks, has launched a cryptocurrency trading service through its digital banking platform Liv. Users can now buy, sell and trade cryptocurrencies on the Liv X app. The service is powered by Aquanow, a local digital asset company licensed by the Dubai Virtual Assets Regulatory Authority, while custodial services are handled by Zodia Custody, a Standard Chartered subsidiary. The move highlights Financial Institutions Group's growing interest in digital assets, ...

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2025-03-07 12:55:33
迪拜最大银行 Emirates NBD推出加密货币交易服务

迪拜最大银行之一 Emirates NBD 已通过其数字银行平台 Liv 推出加密货币交易服务。用户现可在 Liv X 应用上购买、出售和交易加密货币。该服务由迪拜虚拟资产监管局授权的本地数字资产公司 Aquanow 提供技术支持,托管服务则由渣打银行子公司 Zodia Custody 负责。 此举凸显了金融机构对数字资产日益增长的兴趣,紧随瑞士 PostFinance AG 最近宣布的以太坊质押服务和意大利 Intesa ...

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2025-03-07 12:55:33
MANTRA to tokenize $1 billion worth of RWA assets for UAE real estate firm DAMAC

MANTRA has reached an agreement with UAE-based real estate group DAMAC Group to tokenize at least $1 billion of assets. DAMAC, which covers real estate development, hotels and data centers, has accepted bitcoin and ethereum payments since 2022. Details of the specific tokenization project will be announced in the coming weeks.

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2025-01-09 22:10:43
Crypto.com Signs Memorandum of Understanding with Emirates Islamic Bank

Cryptocurrency exchange Crypto.com signed a Memorandum of Understanding with Emirates Islamic Bank to continue expanding its presence in the UAE and wider Gulf markets. Crypto.com President of UAE Operations Mohammed Al Hakim said: "This collaboration bridges the cryptocurrency and Islamic banking sectors, paving the way for future collaboration in tokenized Islamic bonds and Sharia-compliant crypto solutions." This follows Crypto.com acquisition of regulated Orion Principals Limited and the lau...

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2024-12-30 16:13:07
Kazakhstan's Minister of Transport: Before the crash of the Emirates passenger plane, the airport received news that the oxygen tank on board had exploded

On December 27, local time on December 26, Kazakhstan's transport minister said that Aktau Airport had received news before the crash that the oxygen tank on the plane had exploded, causing passengers to lose consciousness.

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2024-12-27 00:21:27
CZ: United Arab Emirates holds $40 billion worth of Bitcoin

Binance founder CZ revealed on Twitter that the United Arab Emirates (UAE) holds $40 billion worth of Bitcoin.

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2024-12-22 19:28:08
Morning News List of important developments overnight on December 22

21:00-7:00 Keywords: UAE, France, Microstrategy 1. The UAE Ministry of Home Affairs and the FSRA cooperate to combat virtual asset-related crimes. 2. Bitcoin mining company Hut 8 has bought 990 bitcoins for about $100 million; 3. CryptoQuant founder: Bitcoin strategic reserve can "offset US debt"; 4. UBS: The outlook for US stocks remains optimistic, with the S & P 500 index expected to reach 6,600 by the end of next year. 5. The Microstrategy board of directors has increased by three members, i...

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2024-12-22 07:32:39
The UAE Ministry of Interior and the FSRA cooperate to combat virtual asset-related crimes

The Ministry of Interior of the United Arab Emirates (UAE) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi International Financial Centre (ADGM) have signed a Memorandum of Understanding to enhance coordination in combating virtual asset-related crimes. The agreement requires both parties to share information and strengthen risk mitigation frameworks. The agreement is also reportedly designed to support the UAE's strategy to protect its financial system from evolving threats ...

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2024-12-22 06:53:17
The first regulated stablecoin in the United Arab Emirates, AE Coin, has been approved

AE Coin, a dirham-pegged stablecoin, has received final approval from the UAE Central Bank. Headquartered in the UAE, AE Coin will soon be available through an appointed agent. The digital currency is fully backed by the UAE's reserves and pegged to the US dollar, ensuring price stability.

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2024-12-10 17:06:44
List of important developments on the evening of November 10

12:00-22:00 Keywords: Brazil, UAE, Paypal, Musk 1. BTC breaks through $80,000. 2. Foreign media: Musk may support Trump's intervention in the Federal Reserve. 3. European Central Bank Governing Council Holtzmann: There is no reason not to cut interest rates in December. 4.Sky founder: If Bitcoin reaches $80,000, the DeFi renaissance will be confirmed. 5. The Dutch court requires Binance to disclose account info related to the $200,000 dating scam case; 6. Ripple CEO: The Trump administration may...

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2024-11-10 22:09:26
Emirati fund MGX has been in talks to invest in Musk's xAI, which is valued at around $45 billion

According to The Information, Emirati fund MGX has been in talks to invest in Musk's xAI, which maker of chatbot Grok has been seeking to raise $5 billion at a valuation of around $45 billion.

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2024-11-01 22:06:39
The UAE will introduce a legal framework for DAOs

The Ras Al Khaimah Digital Asset Oasis (RAK DAO), a free economic zone focused on digital assets in the United Arab Emirates, is about to introduce a legal framework for decentralized autonomous organizations (DAOs). Law firms NeosLegal and RAK DAO said the new regime will be launched and discussed at the DAO Legal Clinic on October 25. Irina Heaver, a partner at NeosLegal, said the framework is expected to shed light on how DAOs maintain legal compliance.

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2024-10-18 16:31:29
The Dubai Virtual Assets Regulatory Authority has issued cease-and-desist orders and fined seven illegal crypto entities

The Dubai Virtual Assets Regulatory Authority (VARA), one of the regulators of the cryptocurrency industry in the United Arab Emirates, said it has fined seven cryptocurrency entities for operating without the required licenses and violating marketing regulations. VARA did not name the entities and said it was investigating them with the local government. The fines for each entity ranged from 50,000 dirhams (about $13,600) to 100,000 dirhams.

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2024-10-10 19:50:37
List of important developments on the evening of October 6

12:00-21:00 Keywords: Brazil, UAE, Paypal, Musk 1. The Supreme Court of Brazil said that the X platform lifted the ban and transferred fines to the wrong account; 2. The UAE will exempt cryptocurrency transfers and conversions from VAT. 3. Argentina's richest man praised bitcoin's ability to withstand government intervention. 4. PayPal uses the PYUSD stablecoin to complete its first corporate transaction. 5. Musk updates his social media account avatar: wearing a dark "MAGA" hat; 6. Lego removes...

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2024-10-06 21:12:22
The UAE will exempt cryptocurrency transfers and conversions from VAT

Amendments to the United Arab Emirates' Value Added Tax (VAT) regulations will exempt the transfer and conversion of virtual assets, including cryptocurrencies. PwC said the new regulations include VAT exemptions for additional services, including managing investment funds and transferring and converting virtual assets.

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2024-10-06 19:50:58