Ripple has unveiled its plan to partner with the Dubai International Financial Centre (DIFC) Innovation Hub to promote blockchain and crypto adoption in the UAE.
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Crypto Biz: Stablecoins wave, crypto trading via UAE banks, and more
This week’s Crypto Biz explores Tether’s profit record, bank-linked crypto trading in the United Arab Emirates, Polymarket’s growth amid US elections, and Coinbase custodian arm.
Read moreUAE residents can now trade crypto directly with their bank accounts
The new integration enables the direct conversion of UAE dirhams into Bitcoin and Ether using M2’s spot market.
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UAE’s Zand Bank to Offer Crypto Services
Zand Bank, the UAE’s first digital bank, has entered into a strategic partnership with Taurus SA, a global leader in digital asset technology for banks.
Read moreSouth Korean crypto firm Hashed Ventures expands to Abu Dhabi: Report
Hashed Ventures said it’s in talks with other South Korean crypto firms to help bring them to Abu Dhabi.
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Binance’s Local Exchange Receives Dubai License, Initiates UAE User Migration
Binance is transitioning UAE resident accounts to its new regulated local entity, Binance FZE, following a Virtual Asset Service Provider license from Dubai’s regulator. This
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