Crypto payments provider Oobit, backed by industry giants like Tether and Solana, has announced its intention to expand its global reach by applying for a Financial Services Regulatory Authority (FSRA) license under the Abu Dhabi Global Market (ADGM) framework.
Read MoreHodler Investments, a Dubai-based firm specializing in energy, AI, and digital asset mining, has formed a strategic partnership with EHC Investment of Abu Dhabi to launch NEXGEN.
Read MoreAbu Dhabi’s Financial Services Regulatory Authority (FSRA) has announced plans to supervise fiat-referenced tokens (FRTs), a category of stablecoins, in response to growing interest from stakeholders.
Read MoreA groundbreaking new fund has been launched by the Blockchain Center in Abu Dhabi, a recent establishment aiming to solidify the emirate's position as a global blockchain innovation hub.
Read MoreSouth Korean crypto venture capital firm, Hashed Ventures, is expanding its global footprint by establishing a presence in Abu Dhabi. This strategic move marks a significant development in the United Arab Emirates' (UAE) growing reputation as a crypto-friendly hub.
Read MorePaxos, a notable figure in the stablecoin sector, has introduced a fresh stablecoin called Lift Dollar (USDL) via its subsidiary Paxos International, based in the UAE.
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