Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ruya, a digital bank based in the United Arab Emirates, has started offering Bitcoin and other cryptocurrency investments through its mobile app. This move makes Ruya the first Islamic bank in the world to allow direct crypto asset purchases while staying true […]
Ruya Leads as 1st Islamic Bank to Offer Crypto Investment Read More »
Bitcoin Magazine ruya Becomes First Islamic Bank to Offer Bitcoin and Virtual Asset Investments In a landmark development for Islamic finance and digital banking, ruya (رويا), the UAE’s digital-first Islamic bank, has become the first Islamic bank globally to offer customers direct access to virtual asset investments, including Bitcoin, through its mobile app, according to
ruya Becomes First Islamic Bank to Offer Bitcoin and Virtual Asset Investments Read More »
Key Takeaways: The SEC’s victory against CLS Global demonstrates that U.S. regulators can successfully prosecute foreign firms for market manipulation, even when the activity occurs on decentralized platforms like Uniswap. The case’s undercover “trap token” operation, orchestrated by the FBI, is part of a new era of sophisticated enforcement tools targeting wash trading and deceptive
SEC Sting Bars UAE Crypto Market Maker CLS Global for 98% Wash Trades, $425K Fine Read More »
The Dubai Financial Services Authority (DFSA) has invited firms to express interest in joining its Tokenization Regulatory Sandbox before April 24, 2025. In a March 17 announcement, the DFSA—an independent regulator overseeing the Dubai International Financial Centre (DIFC)—stated that the initiative targets firms looking to offer tokenized investment products and services. The sandbox provides a
Dubai offers tokenization sandbox to boost digital finance leadership Read More »
