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United Arab Emirates

UAE central bank approves dirham-backed stablecoins
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11 June, 2024

UAE central bank approves dirham-backed stablecoins

Aware of its potential to destabilize the financial ecosystem, the Central Bank of the United Arab Emirates is taking a...
UAE-made AI models could put Middle East at the heart of tech innovation: AWS exec
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7 June, 2024

UAE-made AI models could put Middle East at the heart of tech innovation: AWS exec

Kevin Miller, AWS Vice President for global data centers, points to the UAE and its string of locally developed large...
Block reward mining activity remains legal in UAE but not on farm lands
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28 May, 2024

Block reward mining activity remains legal in UAE but not on farm lands

Adafsa calls block reward mining on farms a misuse of land, threatening a hefty penalty for those involved in the...
UAE: Liv Digital Bank enters tokenization deal targeting Gen Zs
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12 May, 2024

UAE: Liv Digital Bank enters tokenization deal targeting Gen Zs

Liv Digital Bank partners with Ctrl Alt to explore tokenized real-world asset investing opportunities in response to the growing demand...
Binance’s Changpeng Zhao makes mockery of justice with four-month sentence
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1 May, 2024

Binance’s Changpeng Zhao makes mockery of justice with four-month sentence

Last November, CZ and Binance reached a $4.3 billion settlement with the DoJ based on the exchange’s blatant violations of...