21Shares debuts physical Bitcoin ETP in the UAE
21Shares has launched a Nasdaq listed physical Bitcoin ETP which offers a new opportunity for direct Bitcoin investment in the United Arab Emirates (UAE). On October 12, the company announced that the new 21Shares Bitcoin ETP has begun trading on the global stock market Nasdaq Dubai under the ticker ABTC. Hany Rashwan, co-founder and CEO […]
UAE’s Crypto Oasis reportedly hosts thousands of organizations
The United Arab Emirates (UAE) Crypto Oasis is rapidly growing to become one of the locations for Web3 projects as reports show that 65% of 1,450 Web3 organizations are based on its native blockchain technology. The Web3 platform Crypto Oasis Ecosystem recently released a research report that demonstrated the dominance of the UAE in the […]
Binance Pay enables UAE entrepreneurs repay loans with crypto
Following the integration of Binance Pay, Virtuzone joins the group of well-known companies in the UAE accepting cryptocurrencies. Binance established its footprint among Middle Eastern investors by operating several legally sanctioned businesses in Abu Dhabi, Dubai, and other areas. By collaborating with business lender Virtuzone, Binance has made it possible for new business owners to […]
The world’s most expensive modern postage stamp launches in UAE
To commemorate the 50th anniversary of the country’s founding, the United Arab Emirates has issued the world’s most expensive modern postage stamp. The first issue of the modern postage stamp was released in four editions by the Emirates Post Grou p, a government-owned post agency. A digital version of each physical stamp in the collection […]
UAE’s Central Bank sees a digital currency as part of its goal for 2023-2026
Amongst the different priorities laid out by UAE regulators, the need for a digital currency seems to be one of them and it is all set to go in for major digital strategy as part of its 2023-26 roadmap. The UAE Central Bank has defined its priorities for the years 2023-2026, with the goal of […]