UAE’s largest bank completes cross-border payments pilot with JPMorgan’s Onyx
First Abu Dhabi Bank has completed a successful pilot using Onyx for cross-border payments, hinting at potential tokenization and security settlement applications.
First Abu Dhabi Bank has completed a successful pilot using Onyx for cross-border payments, hinting at potential tokenization and security settlement applications.
Leveraging the power of emerging technologies, the Bank for International Settlements and the United Arab Emirates open a competition that seeks to challenge developers to create tech-based solutions to mitigate climate change.
With the full operating license, Komainu is expanding its digital currency services beyond custody with institutional staking and collateral management services.
UAE-based tech firm Bedu aims to reshape the industry and human experiences by converging AI and Web 3.0, launching AI-powered media management tools for asset management, and more.
Abu Dhabi Global Market has awarded an operational license to M2, enabling a wide range of digital asset services in the United Arab Emirates, including trading and custody for residents.
Saudi Arabia and the United Arab Emirates are investing millions in the AI race purchasing breakthrough chips to build advanced systems and challenge global competitors.
UAE’s MoCCAE, Industrial Innovation Group, and Venom Foundation will lead the carbon credits on the blockchain, improving the issuance and calculations of the credits.
The United Arab Emirates reportedly accounts for 4% of the global BTC hash rate, with Abu Dhabi leading the emirates as government investment and power availability play a significant role.
The Dubai Virtual Assets Regulatory Authority license lays the foundation for OKX to obtain a full-scale license in the coming months to offer digital currency services in the region.
The ambitious plan will see the United Arab Emirates moving 50% of all government transactions to the blockchain, a clear statement of intent to pursue its digital currency goals.
U.S. District Judge Amy Berman Jackson has given the parties until 5 p.m. on June 15 to report back on their progress before she makes any final decision regarding the SEC’s request to freeze funds.
The central banks of the UAE and Hong Kong forge closer ties in regulating digital assets as part of their plans to improve the existing financial market and regional connectivity.