Tether teams up with UAE’s Phoenix Group PLC and Green Acorn Investments to launch a Dirham-backed stablecoin, enhancing international trade and remittances.
This week’s Crypto Biz explores Tether’s profit record, bank-linked crypto trading in the United Arab Emirates, Polymarket’s growth amid US elections, and Coinbase custodian arm.
Ghaf Capital managing partner Feras Al Sadek argued that the UAE’s “regulation by education” sets it apart from other jurisdictions. Binance and other cryptocurrency firms […]
The permit allows CoinMENA to provide retail and institutional customers in the United Arab Emirates with the ability to deposit and withdraw in UAE dirhams. […]
AYA is a climate-focused launchpad that supports innovations around sustainability — such as reforestation, nature credits, mangrove conservation, and sustainable agriculture. Dubai’s Virtual Assets Regulatory […]
Phoenix Group is acquiring hydro cooling mining equipment from WhatsMiner worth over $136 million, with the option of an additional $246 million purchase. United Arab […]