Abu Dhabi Approves Binance Financial Services Permission
UAE’s capital city of Abu Dhabi has granted Binance permission to offer financial services, a series of regulatory approvals for the exchange. Financial Services Regulatory Authority and Abu Dhabi’s Global Market (ADGM) have given cryptocurrency exchange Binance permission to operate in the area. Binance will be authorized to provide cryptocurrency custodial services to professional clients […]
Germany becomes most favorable crypto economy in Q3 – Report
After previously holding a joint top-rank position with the United States, Germany is now the country with the most favourable crypto economy in 2022’s third quarter (Q3). In the third quarter of 2022, Germany became the most promising crypto economy in the entire globe, according to a recent study by Coincub. The joint top-rank holder […]
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 […]