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UAE’s Further Ventures pours $19M in hybrid DEX GRVT

UAE’s Further Ventures pours $19M in hybrid DEX GRVT

UAE Further ventures invests $19 million in decentralized exchange Grvt. The invest firm had previously invested $5 million in Grvt earlier this ye...
QCP expands to UAE with crypto trading license

QCP expands to UAE with crypto trading license

QCP Group (QCP), a crypto trading entity has received a Financial Services Permission (FSP) license from the Abu Dhabi's International Financial Ce...
Abu Dhabi’s Fuze, Oman’s Mamun to Offer USDT-Based Sharia Trade Finance for MENA

Abu Dhabi’s Fuze, Oman’s Mamun to Offer USDT-Based Sharia Trade Finance for MENA

Abu Dhabi-based Fuze, a regulated digital assets infrastructure provider, and Mamun, a Sharia-compliant alternative finance and investment platform...
UAE Digital Bank Ruya Rolls Out In-App Shari’ah-Compliant Crypto Trades

UAE Digital Bank Ruya Rolls Out In-App Shari’ah-Compliant Crypto Trades

Ruya, a digital Islamic bank based in the UAE, now lets customers buy and sell cryptocurrencies directly through its mobile app. The bank confirmed...
ruya Becomes First Islamic Bank to Offer Bitcoin and Virtual Asset Investments

ruya Becomes First Islamic Bank to Offer Bitcoin and Virtual Asset Investments

Bitcoin Magazine ruya Becomes First Islamic Bank to Offer Bitcoin and Virtual Asset Investments In a global first, UAE-based Islamic bank ruya lau...
UAE-based digital Islamic bank ruya begins offering crypto investment services

UAE-based digital Islamic bank ruya begins offering crypto investment services

UAE’s first digital Islamic Bank, ruya has partnered with Fuze Finance, a UAE-regulated digital assets infrastructure provider and crypto broker, t...
Central Bank of UAE grants FUZE digital asset payments subsidiary a license

Central Bank of UAE grants FUZE digital asset payments subsidiary a license

FUZE, a digital asset financial infrastructure provider, which offers global stablecoin payments, fiat payouts and collections, and embedded crypto...
Mastercard Expands Crypto Credential Solution to UAE and Kazakhstan

Mastercard Expands Crypto Credential Solution to UAE and Kazakhstan

Mastercard has expanded its Crypto Credential solution to the UAE and Kazakhstan, enabling users to send and receive cryptocurrencies using simple ...
Mastercard launches crypto solution for traders in UAE and Kazakhstan

Mastercard launches crypto solution for traders in UAE and Kazakhstan

Mastercard has launched Crypto Credential in the UAE and Kazakhstan to allow crypto exchange users to send and receive cryptocurrencies using simpl...
UAE crypto VAT exemption viewed as significant positive impact on virtual asset ecosystem

UAE crypto VAT exemption viewed as significant positive impact on virtual asset ecosystem

On October 2nd the UAE Federal Tax Authority exempted crypto transaction from value-added tax (VAT). Effective from Nov. 15, 2024, the exemption ap...