Stablecoin issuer Tether plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED), marking an expansion in its portfolio of digital assets. Developed in partnership with UAE-based tech conglomerate Phoenix Group […]
The complainant alleged the company stopped paying their salary without reason for five months before terminating the contract. The court ordered the employer to pay 62,867 dirhams ($17,116) and 39,200 of the ecowatt (EWT) cryptocurrency, […]
In a news that flew under the radar, the Dubai Police has announced a pioneering pilot project that leverages the Cardano blockchain to ensure the security and integrity of sensitive data from criminal investigations. The […]
The Central Bank of the United Arab Emirates (CBUAE), along with other regulators in the country, has recently published new joint guidance for virtual asset service providers (VASPs) operating within the country. The new guidelines […]
The estate argues that any court orders while FTX Dubai was part of the proceedings should stand, but that the dismissal requested “is necessary” to protect the debtors and authorize them to, for instance, pay […]
America’s largest cryptocurrency exchange Coinbase is considering the United Arab Emirates (UAE) as a potential strategic hub for its international operations. In a Monday blog post, Coinbase’s vice president for international and business development Nana […]
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