The UAE, Dubai and Bahrain continue to attract major cryptocurrency exchanges and businesses due to their progressive regulatory approaches.
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Fluent Finance Partners With UAE to Develop Deposit Token Tech
Fluent Finance, a US-based startup that aims to bridge banking and Web3, has announced that it will partner with the Ministry of Economy of the
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First Abu Dhabi Bank completes cross-border payments testing on JPMorgan Onyx
The FAB pilot follows Bank ABC’s in Bahrain. JPMorgan also just launched its Tokenization Collateral Network on Onyx.
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UAE dirham stablecoin DRAM launches on Uniswap, PancakeSwap
Distributed Technologies Research has launched DRAM, a dirham-backed stablecoin that aims to tap into the performance of the United Arab Emirates fiat currency.
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SBI works with UAE’s TradeFinex to set up joint crypto venture in Japan
SBI Holdings will work with UAE firm TradeFinex on a Japanese joint venture aimed at boosting adoption of its enterprise blockchain platform running on the
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Nomura’s Laser Digital receives in-principal approval for operations in Abu Dhabi
The Japanese bank joins a rapidly growing number of digital asset firms operating in Abu Dhabi and the rest of the United Arab Emirates.
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