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Hubpay, a United Arab Emirates-based cross-border payments platform, has partnered with Aquanow, a digital asset infrastructure provider, to launch a regulated cryptocurrency payments facility for businesses in the Middle East country. Collaboration Bolsters UAE’s Digital Asset Hub Ambition Hubpay, a United Arab Emirates (UAE)-based cross-border payments platform, has partnered with digital asset infrastructure provider Aquanow … Read more
The Virtual Assets Regulatory Authority (VARA) has issued an alert regarding MKAN Coin DMCC, which advertised virtual asset activities in the United Arab Emirates (UAE) without the necessary regulatory approval. VARA has instructed the company to cease all unlicensed operations and imposed a fine. The regulator said MKAN Coin’s activities expose users to significant financial … Read more
Arab Financial Services, a Middle East and Africa digital payments provider, has partnered with Ternoa to introduce cryptocurrency payments in the United Arab Emirates. Stablecoin Payments at POS Terminals Arab Financial Services (AFS), a digital payment solutions provider focused on the Middle East and Africa, announced on Feb. 24 that it had partnered with Ternoa … Read more
Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins. USDC … Read more
Dubai’s Virtual Asset Regulatory Authority (VARA) has issued a warning to investors and consumers about the risks of memecoins, which are highly speculative and volatile assets often subject to market manipulation. Memecoin Issuers Face VARA Scrutiny Dubai’s VARA has warned investors and consumers to be wary of advertisements promoting memecoins. In an alert issued Feb. … Read more
The United Arab Emirates Ministry of Energy and Infrastructure has partnered with Shiba Inu to implement Web3 solutions for energy, infrastructure, and other areas. Public Service Efficiency Gets a Web3 Makeover The United Arab Emirates (UAE) Ministry Energy and Infrastructure (MOEI) announced on Feb. 5 that it had partnered with Shiba Inu to advance “Web3 … Read more
Malaysia is reportedly exploring cryptocurrency regulations after its prime minister held discussions with Abu Dhabi leaders and Binance founder Changpeng Zhao. Go to Source
Beam Ventures will launch in 2025, providing funding and acceleration for blockchain gaming startups in the United Arab Emirates. Go to Source
BitOasis’ acquisition of the full VASP license marks the final step in BitOasis’ VARA licensing process, targeting a range of crypto trading services. Go to Source
The Federal Bureau of Investigation (FBI) has warned of a rising business email compromise (BEC) threat, responsible for $55 billion in global losses over a decade. The scam has affected all 50 U.S. states and 186 countries, with funds frequently routed through banks in the United Kingdom, Hong Kong, China, Mexico, and the United Arab … Read more
