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Abu Dhabi
IOTA Jumps 43% After Registering Ecosystem Foundation in Abu Dhabi
The IOTA Ecosystem DLT Foundation claims to be the first foundation to be registered under the emirate's regulatory framework for blockchain foundations, the press release said.
Crypto Custody Firm Copper to Start Digital Securities Brokerage in Abu Dhabi
Copper Securities is working with Abu Dhabi’s Financial Services Regulatory Authority to have all appropriate approvals in place by early 2024.
Crypto Miner Phoenix Group Says UAE Initial Share Sale Was 33-Times Oversubscribed
Phoenix was looking to sell almost 18% of the company for a target raise of $368 million.
Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms
The UAE's second-most populous emirate has taken the first steps to legalize the operations of decentralized entities such as DAOs.
Zodia Markets Receives In-Principle Approval as Crypto Broker-Dealer in Abu Dhabi
Abu Dhabi was among the first to establish a bespoke licensing regime for virtual asset service providers.
Crypto Exchange Rain Obtains License to Operate Virtual Asset Brokerage, Custody Service in UAE
Rain's Abu Dhabi-based entity can now offer institutional clients and some retail clients in the UAE the ability to buy, sell and store virtual assets.
Why Crypto Companies Are Warming to the United Arab Emirates
Regulatory agencies in UAE emirates Dubai and Abu Dhabi have provided clear rules to follow. And going by BitOasis' recent suspension, the rules will be enforced.
Exploring Abu Dhabi as a Crypto Hub
As a part of CoinDesk's theme week that takes a closer look at the top crypto hubs in 2023, MidChains co-founder and CEO Basil Al Askari joins "First Mover" to discuss the state of crypto adoption and regulation in Abu Dhabi. Plus, how crypto is viewed in Dubai, another prominent city in the United Arab Emirates.
Crypto Hubs 2023: Where to Live Freely and Work Smart
With shifting regulatory regimes worldwide, crypto is on the move to find the best locales to put down roots, get licensed, register or just be. Crypto Hubs 2023, our ranking of the top 15 global crypto hubs, is a good place to start.
Abu Dhabi: A Wealthy Middle-East Capital Creating a Bridge From TradFi to Crypto
The heart of crypto in the capital of the United Arab Emirates is actually just offshore in the Abu Dhabi Global Markets, an economic free zone. With a mandate to encourage fintech, the No. 6 spot in CoinDesk’s Crypto Hubs 2023 keeps the lines of communications open between regulators and crypto institutions.